Business
Economic Hardship: CPPE Asks CBN To Peg Customs Duty At N1000 Per Dollar
The Centre for the Promotion of Private Enterprise (CPPE) has urged the Central Bank of Nigeria (CBN) to peg the customs duty exchange rate at […]
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News
$6.2m Fraud’: FG Writes Interpol, Declares Three CBN Staff Wanted For ‘Forging Buhari’s Signature’
The special investigator appointed by President Bola Tinubu has asked the international criminal police organisation (Interpol) to place three suspects on its watchlist over an […]
Business
We Are Ready To Assist EFCC In Forex Investigation, Dangote Group Says
The Dangote Group has expressed readiness to assist the Economic and Financial Crimes Commission (EFCC) in its investigations, following the commission’s visit to the company’s […]
Business
CBN Lifts Ban On Cryptocurrency Transactions, Issues Guidelines
The Central Bank of Nigeria (CBN) has issued operational guidelines on virtual assets service providers (VASPs) to all banks and other financial institutions (OFIs). Released […]
News
Naira Scarcity: CBN To Sanction Banks Found ‘Colluding’ With PoS Operators
As scarcity of Naira continues to bite harder in some parts of the country, the Central Bank of Nigeria (CBN) has threatened to sanction any […]
News
Bank Accounts Without BVN, NIN Will Be Freezed As From March 2024, Says CBN
The Central Bank of Nigeria (CBN) says accounts without a bank verification number (BVN) or national identification number (NIN) will be restricted from April 2024. […]
News
Court Sends Emefiele To Kuje Prison
The Abuja High Court on Friday ordered that the suspended governor of the Central Bank of Nigeria, Godwin Emefiele, be remanded in Kuje prison until […]
Business
CBN Liquidated Allied Bank, Commerce Bank, Fortune Bank, Gulf Bank, Hallmark Bank, 15 Others- NDIC
The Nigeria Deposit Insurance Corporation (NDIC) says it paid N1.39 billion to 36,163 depositors of 110 closed microfinance banks and three primary mortgage banks. He […]
Business
Beneficiaries Caught Off-Guard As CBN Begins COVID-19 Loan Recovery
The Central Bank of Nigeria (CBN) is set to recover loans granted to some Nigerians to ameliorate harsh socio-economic realities. The loan initiative involved is […]
Business
President Tinubu Nominates Olayemi Cardoso As CBN Governor
Nigeria’s President Bola Tinubu has nominated Olayemi Cardoso as the new governor of Central Bank of Nigeria (CBN). He has also nominated four new deputy […]