CBN

CBN gets court order to freeze 11 bank accounts

Central Bank of Nigeria has received a court order to freeze 11 accounts of some customers of the First City…

4 years ago

Banks, MTN resolve USSD dispute, reconnect subscribers

Commercial banks have reconnected customers of MTN Nigeria to the Unstructured Supplementary Service Data (USSD) code for airtime vending. This…

4 years ago

CBN retains 11.5% lending rate, CRR 27.5%

The Central Bank of Nigeria through its Monetary Policy Committee (MPC) has retained the Monetary Policy Rate, otherwise called lending…

4 years ago

MPC meets today, inflation, rising unemployment in focus

Members of the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) will today begin their two-day meeting in Abuja…

4 years ago

CBN disburses N149.21bn COVID-19 relief loans to 316,869 beneficiaries

The Central Bank of Nigeria has disbursed a total of N149.21 billion to 316,869 beneficiaries through the NIRSAL Microfinance Bank…

4 years ago

USSD now to attract N6.98 flat rate, says CBN

The Central Bank of Nigeria (CBN) has announced a new charge of N6.98 for customers using the Unstructured Supplementary Service…

4 years ago

Emefiele: Our decision on cryptocurrency in Nigeria’s interest

ICPC, SEC back CBN  Central Bank of Nigeria, Mr Godwin Emefiele, has defended the apex bank’s ordering of banks, non-banking…

4 years ago

No law criminalising trade in cryptocurrency – BICCoN

The Blockchain Industry Coordinating Committee of Nigeria has said no legislation from the National Assembly criminalise trade in cryptocurrency. It…

4 years ago

Malami, Falana disagree on court order unfreezing #Endsars promoters’ accounts

A Federal High Court in Abuja on Wednesday ordered the Central Bank of Nigeria to immediately unfreeze 20 bank accounts…

4 years ago

FEC approves N21.89bn National Theatre renovation agreement

The Federal Executive Council on Wednesday approved a Memorandum of Understanding for the renovation of the National Theatre, Iganmu Lagos…

4 years ago