CBN Implements New Measures to Boost Naira Liquidity and Increase Diaspora Remittances
The Central Bank of Nigeria (CBN) has introduced new measures aimed at enhancing naira liquidity and increasing diaspora remittances. According ...
Tag: cbn
Witness Alleges Former CBN Governor Emefiele Unlawfully Awarded Contracts to Family Members
Michael Agboro, the seventh prosecution witness, testified on Monday, alleging that former Central Bank of Nigeria (CBN) Governor Godwin Emefiele ...
Former CBN Director Reveals Emefiele Printed Unauthorized Naira Design
Ahmed Umar, a former Director of Currency Operations at the Central Bank of Nigeria (CBN), has disclosed that the bank's ...
NDIC Announces Payout Plan for Heritage Bank Depositors Following License Revocation
The Nigeria Deposit Insurance Corporation (NDIC) has announced a structured plan to compensate depositors of Heritage Bank, following the revocation ...
CBN Governor Cardoso Sacks 25 Directors from Emefiele’s Administration
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reportedly dismissed 25 of the 29 directors he inherited ...
CBN Withdraws Controversial Cybersecurity Levy Directive for Banks and Payment Providers
The Central Bank of Nigeria (CBN) has officially rescinded its directive requiring banks and payment service providers to collect and ...
Federal High Court Approves CBN’s Inclusion of Social Media Handles in Banking KYC Requirements
The Federal High Court sitting in Lagos has upheld the Central Bank of Nigeria's (CBN) directive requiring banks to include ...
Central Bank of Nigeria Releases List of Licensed Deposit Money Banks
The Central Bank of Nigeria (CBN) has unveiled a roster comprising 44 licensed deposit money banks operating within the nation's ...
CBN Sets Deadline for PoS Operators’ Registration
In a bid to bolster the integrity and security of Nigeria's financial landscape, the Central Bank of Nigeria (CBN) has ...
16 Banking Transactions Exempted From CBN’s New Cybersecurity Levy
In a bid to fortify cybersecurity measures within Nigeria's financial sector, the Central Bank of Nigeria (CBN) has issued a ...
Central Bank of Nigeria Orders Four Fintech Companies to Halt Customer Onboarding
The Central Bank of Nigeria (CBN) has instructed four fintech companies to cease the onboarding of new customers until further ...
Former CBN Governor Godwin Emefiele Pleads Not Guilty to 26-Count Charge
Former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has entered a plea of not guilty to a ...
CBN Sells $10,000 to BDCs at N1,101 per Dollar
In a bid to stabilize the foreign exchange market, the Central Bank of Nigeria (CBN) has announced the sale of ...
FG Introduces Enhanced National ID Card with Payment and Social Service Features
The Federal Government, in collaboration with the National Identity Management Commission (NIMC), has introduced an upgraded National Identity Card embedded ...
President Tinubu Conducts First Official Tour of Dangote Petroleum Refinery
President Bola Ahmed Tinubu made his inaugural official visit to the Dangote Petroleum Refinery on Thursday, demonstrating strong federal government...
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