Chairman and Chief Executive Officer of Dangote Group, Aliko Dangote, has criticised the latest increment of interest rate to almost 30 per cent by the Central...
Anambra State Governor Chukwuma Soludo on Wednesday threw his weight behind the growing calls for a single term for elected officeholders. Still, he argued that any form of...
The Central Bank of Nigeria (CBN), has revoked the banking licence of Heritage Bank Plc with immediate effect.A statement by the Ag. Director, Corporate Communications of the...
By Mohammed Useni The Central Bank of Nigeria has ordered existing Bureau De Change operators to re-apply for a new license as it updated its regulatory...
The Central Bank of Nigeria has directed banks to stop charges on cash deposits until September 30, 2024. The apex bank disclosed this in a circular...
The Central Bank of Nigeria on Monday directed all banks to commence charging a 0.5 per cent cybersecurity levy on all electronic transactions within the country. The apex...
The Central Bank Of Nigeria (CBN) has issued a July 7, 2024 deadline for Point of Sales (PoS) operators to complete registration with the Corporate Affairs...
The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to start charging 0.5% cybersecurity levy on transactions. This was contained in a...
The NGX All-Share Index experienced a significant decline in April, losing N3.57 trillion in market value. This downturn represents the first monthly decline for the NGX...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says the country is not using its foreign reserves to defend the naira. He stated...
The Monetary Policy Committee (MPC) of the CBN raised Monetary Policy Rate (MPR) – inter-bank loan interest rate – by 200 basis points, to 24.75 per...
The Central Bank of Nigeria has issued a circular to Bureau De Change operators (BDCs) informing them that they sold $10,000 to each BDC at a...
