CBN

CBN: Banks migrate to new cheque standards January 1

Nigerian banks will migrate to new cheque standards on January 1, 2021 as the old ones expire 31 December. The…

5 years ago

CBN to banks: Close naira accounts of money transfer operators

The Central Bank of Nigeria has ordered banks to close all naira accounts of international money transfer operators. It gave…

5 years ago

Embrace interest-free banking, Reps urge CBN, others

The House of Representatives has urged the Federal Government, especially its financial institutions to create more interest-free banking opportunities for…

5 years ago

CBN asks court not to unfreeze #EndSARS campaigners accounts

‌The Central Bank of Nigeria has pleaded with Justice Ahmed Mohammed of a Federal High Court in Abuja not to…

5 years ago

CBN okays dollar collection for diaspora remittances

The Central Bank of Nigeria (CBN) says beneficiaries of diaspora remittances through the international monetary transfer operators (IMTO) can now…

5 years ago

Emefiele: CBN retains lending rate at 11.5% to speedily exit recession

The Central Bank of Nigeria through its Monetary Policy Committee on Tuesday retained all monetary policy rates in a move…

5 years ago

Buhari signs BOFI Act 2020 to strengthen financial system

President Muhammadu Buhari has signed the Banks and Other Financial Institutions Act 2020 into law to strengthen the financial system.…

5 years ago

CBN introduces new private sector-led agric scheme

The Central Bank of Nigeria has unveiled guidelines for the operation of the Private Sector-led Accelerated Agriculture Development Scheme (P-AADS)…

5 years ago

CBN links #EndSARS campaigners to terrorism

The Central Bank of Nigeria got a Federal High Court in Abuja to freeze the accounts of 20 #EndSARS campaigners…

5 years ago

CBN obtains court order to freeze #EndSARS promoters’ accounts

The Central Bank of Nigeria has obtained a court order to freeze the accounts of 20 #EndSARS promoters till January…

5 years ago