CBN vows to hammer banks with empty ATMs, selling ‘mint’ cash to naira hawkers
The Central Bank of Nigeria says it will heavily penalise banks with empty ATMs and those selling ‘mint’ cash to...
CBN
Court stops CBN, others from withholding Kano LG funds
The Kano State High Court has restrained the Central Bank of Nigeria (CBN), Accountant-General of Federal (AGF), and the Revenue...
CBN sees unprecedented remittance inflows of $553m for July 2024
The Central Bank of Nigeria (CBN) has announced a staggering 130% increase in remittance inflows, reaching an all-time high of...
Breaking: NDIC to pay Heritage Bank depositors this week
Account owners at Heritage Bank (in liquidation) will be paid their insured deposits as soon as this week. Mr. Bello...
Emefiele granted ₦300 million bail as ex-CBN governor denies unlawful naira printing
A Federal Capital Territory High Court in Maitama on Wednesday admitted the embattled former Central Bank Governor, Godwin Emefiele, to...
Banking shockwave: CBN mandates 0.5% cybersecurity levy on transactions by customers!
The Central Bank of Nigeria (CBN) has directed deposit money banks across the 36 states of the Federation and the...
Opposition party tears FG apart over introduction of cybersecurity levy
The Peoples Redemption Party (PRP) condemns the Central Bank of Nigeria’s (CBN) recent directive to impose a 0.5% cybersecurity levy...
Court remands Emefiele over alleged $4.5 billion, N2.8 billion fraud, abuse of office
Justice Rahman Oshodi of the Ikeja Special Offences Court remanded Godwin Emefiele, the former Central Bank of Nigeria governor, on...
Naira appreciates at official market, gains 2.4%
The naira gained at the official market, trading at N1, 278.58 to a dollar on Tuesday. Data from the official...
Inflation: CBN reviews FX rates for customs duty on importation
The Central Bank of Nigeria has reviewed the formula for fixing foreign exchange rates for customs duty on importation. The...
