CBN

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…

6 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…

6 years ago

FBI warned Nigeria about scammers, kidnappers using cryptocurrency to defraud – Report

There are indications that the Nigerian government has been warned by the United States’ Federal Bureau of Investigation (FBI), about…

6 years ago

CBN bans operation of cryptocurrency accounts

The Central Bank of Nigeria has ordered banks and other financial institutions to immediately close any account dealing in cryptocurrency…

6 years ago

Nigeria’s external reserves hit $36.23bn on increased oil price

The Central Bank of Nigeria says the nation’s foreign exchange reserves rose to $36.23 billion as of January 21, 2021…

6 years ago

Updated: CBN opposes second lockdown, retains interest rate at 11.5%

Banks’ credit to economy hit N25tn in 2020 The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has…

6 years ago

Marriage scandal: FCMB under pressure to sack MD, 1,500 sign petition

Bank dismisses allegation as baseless First City Monument Bank has come under intense pressure to sack its Managing Director, Adam…

6 years ago

CBN withdraws licences of eight dormant payment service operators

The Central Bank of Nigeria (CBN) has withdrawn the operating licences of seven payment service providers and one payment switching…

6 years ago

CBN withdraws licences of 42 microfinance banks

The Central Bank of Nigeria has withdrawn the operating licences of 42 microfinance banks (MfBs). Already, the affected banks have…

6 years ago

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…

6 years ago