Central Bank of Nigeria (CBN) has threatened to sanction banks and other foreign exchange dealers that refuse to accept old series/lower denominations of U.S. dollar bills...
The Central Bank of Nigeria has issued new guidelines for Deposit Money Banks regarding the deposit of foreign currency notes. This directive was detailed in a...
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...
President Bola Ahmed Tinubu, with his recent order to suspend the cyber security levy proposed by the Central Bank of Nigeria, has proven that the advice...
Unity Bank Plc has engaged students from all the geopolitical zones of the federation as it facilitated financial literacy training in 15 schools as part of...
The Monetary Policy Committee of the Central Bank of Nigeria led by Yemi Cardoso, raised the monetary policy rate (MPR), which benchmarks interest rates, from 18.75...
The Central Bank of Nigeria, CBN is set to transfer some of its departments to the nation’s first capital territory and the country’s economic hub, Lagos...
A High Court of the Federal Capital Territory, FCT, sitting at Maitama, has ordered the Federal Government to pay the sum of N100million to the embattled...
The Central Bank of Nigeria has issued a warning against Deposit Money banks as well as Point of Sales (POS) merchants over the hoarding of cash...
From April 2024, accounts without Bank Verification Number (BVN) and National Identity Number (NIN) will be frozen, the Central Bank of Nigeria has announced. These changes,...