The Central Bank of Nigeria (CBN) has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc, citing...
The Central Bank of Nigeria has given point-of-sale terminal providers, acquirers, and processors one month to connect their systems to both the Nigeria Inter-Bank Settlement...
The Central Bank of Nigeria has introduced sweeping adjustments to its cash-handling rules, eliminating deposit limits and significantly raising withdrawal thresholds as part of a...
The Central Bank of Nigeria (CBN) has pledged to end the circulation of dirty, torn, and mutilated naira notes by ensuring that Nigerians have access...
The FBI has announced a reward of up to $10,000 for information leading to the arrest and conviction of Nigerian national Olumide Adebiyi Adediran, who...
The Nigerian Naira has recorded its strongest gain against the US dollar in months, supported by a steady rise in the country’s external reserves. ...
The naira strengthened slightly against the U.S. dollar at the official foreign exchange market on Wednesday, reversing two consecutive days of depreciation. According to...
The House of Representatives Joint Committees on Public Accounts and Public Assets have threatened to issue an arrest warrant against the Governor of the Central...
The Arewa Economic Forum (AEF) has raised strong objections to the Central Bank of Nigeria’s (CBN) new Bureau De Change (BDC) recapitalisation policy, warning that...
The Central Bank of Nigeria (CBN) has reassured the public that Nigeria’s banking sector remains stable and secure, dismissing recent reports suggesting financial distress involving...