Nigerian banks will migrate to new cheque standards on January 1, 2021 as the old ones expire 31 December. The directive was given to all deposit...
The Central Bank of Nigeria has ordered banks to close all naira accounts of international money transfer operators. It gave the directive on Friday in a...
The House of Representatives has urged the Federal Government, especially its financial institutions to create more interest-free banking opportunities for Nigerians. This was specifically directed at...
The Central Bank of Nigeria has pleaded with Justice Ahmed Mohammed of a Federal High Court in Abuja not to unfreeze the accounts of #EndSARS campaigners....
The Central Bank of Nigeria (CBN) says beneficiaries of diaspora remittances through the international monetary transfer operators (IMTO) can now receive their funds in foreign currency...
The Central Bank of Nigeria through its Monetary Policy Committee on Tuesday retained all monetary policy rates in a move expected to stimulate growth of the...
President Muhammadu Buhari has signed the Banks and Other Financial Institutions Act 2020 into law to strengthen the financial system. The Senior Special Assistant to the...
The Central Bank of Nigeria has unveiled guidelines for the operation of the Private Sector-led Accelerated Agriculture Development Scheme (P-AADS) to facilitate increased private sector agricultural...
The Central Bank of Nigeria got a Federal High Court in Abuja to freeze the accounts of 20 #EndSARS campaigners after saying money in their accounts...
The Central Bank of Nigeria has obtained a court order to freeze the accounts of 20 #EndSARS promoters till January 2021. The order was pursuant to...