There are indications that the Nigerian government has been warned by the United States’ Federal Bureau of Investigation (FBI), about…
The Central Bank of Nigeria has ordered banks and other financial institutions to immediately close any account dealing in cryptocurrency…
The Central Bank of Nigeria says the nation’s foreign exchange reserves rose to $36.23 billion as of January 21, 2021…
Banks’ credit to economy hit N25tn in 2020 The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has…
Bank dismisses allegation as baseless First City Monument Bank has come under intense pressure to sack its Managing Director, Adam…
The Central Bank of Nigeria (CBN) has withdrawn the operating licences of seven payment service providers and one payment switching…
The Central Bank of Nigeria has withdrawn the operating licences of 42 microfinance banks (MfBs). Already, the affected banks have…
Nigerian banks will migrate to new cheque standards on January 1, 2021 as the old ones expire 31 December. The…
The Central Bank of Nigeria has ordered banks to close all naira accounts of international money transfer operators. It gave…
The House of Representatives has urged the Federal Government, especially its financial institutions to create more interest-free banking opportunities for…