Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), has said the apex bank will consider the advice of the International Monetary Fund (IMF) to...
Central Bank of Nigeria’s (CBN) forex programme has raked in $60 million after one month of active implementation. Nneka Onyeali-Ikpe, managing director of Fidelity Bank, made...
MTN Nigeria, has received final approval from Central Bank of Nigeria (CBN) to run a payment service bank, according to a regulatory filing by the operator...
Central Bank of Nigeria (CBN) has imposed monetary sanctions of N814.3 million (nearly $2 million) on four commercial banks in the country for permitting cryptocurrency transactions,...
There are indications that banks are widening their interest rate margin apparently to cushion the impact of rising inflation on their operating cost and profitability. This...
Central Bank of Nigeria (CBN) has cut interest rates on all intervention facilities from nine to five per cent per annum. The regulatory forbearance would allow...
Central Bank of Nigeria (CBN) has said that cumulative refund by banks to customers as at December ending 2021 stood at N95.2 billion. This is contained...
House of Representatives, on Wednesday, mandated its Committee on Banking and Currency to investigate the alleged excessive charges on bank transactions imposed by Deposit Money Banks,...
In a bid to ease huge cash management and deepen financial inclusion, the Central Bank of Nigeria has released guidelines for the operation of the Bank...
Nigerian banks have suspended individual withdrawals with local debit cards abroad and toughened limits on online payments, bankers said on Monday, after the Central Bank of...
