The Central Bank of Nigeria (CBN) has established a minimum operating capital requirement for International Money Transfer Operators (IMTOs) at $1 million for foreign entities and...
The Central Bank of Nigeria (CBN) will move five departments from the nation’s capital, Abuja, to Lagos as part of efforts to ‘decongest’ its head office....
The Central Bank of Nigeria (CBN) says the stage in Nigeria’s economic transformation roadmap shows the country is currently in the stabilisation phase. The CBN Governor,...
Justice Lewis Allagoa of a Federal High Court in Lagos on Wednesday, dismissed a suit filed by rights activist Chief Femi Falana (SAN) challenging a purported...
The Central Bank of Nigeria (CBN) says it has paid approximately two billion dollars in its bid to clear the backlog of outstanding foreign exchange liabilities...
The Central Bank of Nigeria, CBN, has dissolved the boards and management of Union Bank, Keystone Bank, and Polaris Bank.Hakama Sidi-Ali, acting director, Corporate Communications Department...
Nigerian deposit money banks have halted accepting new loan applications under the Central Bank of Nigeria’s (CBN) development finance intervention funds. This development was disclosed through...
The Central Bank of Nigeria (CBN) has assured depositors of the safety of the money in their bank accounts. The CBN gave this assurance in a...
The Central Bank of Nigeria (CBN) has changed its stance on crypto assets in the country and asked banks to disregard its earlier ban on related...
The Central Bank of Nigeria (CBN) has warned Deposit Money Banks (DMBs) and Point of Sale (PoS) operators to stop disrupting the seamless distribution of Naira...
The Central Bank of Nigeria (CBN) has ordered all banks and other financial institutions to suspend processing fees charged on cash deposits. The apex bank, in...
The Central Bank of Nigeria (CBN) has alerted Nigerians to beware of counterfeit naira banknotes in circulation. The apex bank in a statement by its Ag....