The Association of Chief Audit Executives of Banks in Nigeria has called for stricter regulations of the fintech space as well as the operations of the...
Central Bank of Nigeria (CBN)has instructed all licensed financial institutions to display their corporate names conspicuously on all their websites, portals, and online applications. This directive...
Central Bank of Nigeria (CBN) has blamed panic withdrawals by bank customers for the seeming scarcity of naira notes in the country. This comes following a...
Central Bank of Nigeria (CBN), has alerted Nigerians of counterfeit naira notes in circulation amid reports of currency shortage in the country. The apex bank in...
International Air Transport Association (IATA) has warned the Central Bank of Nigeria that some foreign airlines may be forced to quit the Nigerian aviation market if...
Nigeria Deposit Insurance Corporation (NIDC), has asked depositors of 20 failed banks to come forward and claim their liquidation dividends amounting to N16.8 billion. Bello Hassan,...
Some banks with international authorisation have a capital adequacy ratio below the regulatory threshold, according to Central Bank of Nigeria (CBN). The banking regulator disclosed this...
The Central Bank of Nigeria has directed a “Post no Debit” restriction on all bank accounts without a Bank Verification Number and National Identification Number effective...
Central Bank of Nigeria (CBN) has mandated commercial and merchant banks to begin debiting various loan defaulters as it seeks to build back a better financial...
Central Bank of Nigeria (CBN) has extended the use of old Naira notes indefinitely and beyond the December 31, 2023 deadline set by the Supreme Court....