Due to infractions, the Central Bank of Nigeria has dissolved the Union Bank of Nigeria, Keystone Bank, and Polaris Bank boards.This was made public on Wednesday in a statement signed by the acting Di...
After weeks of lifting restrictions on banks operating accounts for virtual assets such as cryptocurrencies, the Central Bank of Nigeria (CBN) has said there will be no cash withdrawals on accounts li...
The Central Bank of Nigeria (CBN) has revealed that Nigeria recorded $11.11 billion in aggregate foreign exchange inflow in July and August. According to figures obtained from the CBN’s August ...
A bill to amend the Central Bank of Nigeria Act scaled Second Reading at the House of Representatives on Thursday.On Thursday the House of Representatives went on the Second Reading for the amendment ...
The Central Bank of Nigeria (CBN) has unveiled its Consolidated Financial Statements spanning seven consecutive years. This disclosure marks a notable departure from the past, as the apex financial in...
The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the Federal Government to halt the activities of Binance within the nation. This call comes after the association recognized...
Reports show that the Federal Government lost N13.33 billion in income from gas flaring fines imposed on oil and gas companies in January and February 2023.According to the National Oil Spill Detectio...
The Central Bank of Nigeria (CBN) has recently released new guidelines regarding contactless payments in the country. These guidelines, outlined in a circular signed by the Director of the Payments Sy...
Eyowo, the digital bank, recently put an end to swirling rumors suggesting an impending shutdown by releasing an official statement via its Twitter handle. The company is set to undergo internal chang...
Socio-Economic Rights and Accountability Project (SERAP) has called on Mr. Folashodun Shonubi, the acting Governor of the Central Bank of Nigeria (CBN), to eliminate certain provisions in the recently...