The Central Bank of Nigeria, CBN, has placed a N50,000 daily limit on contactless payments either through bank accounts or digital wallets. The apex bank also...
The naira on Tuesday dropped further, exchanging for N763 against the dollar at the Investors and Exporters window. The naira depreciated by 0.67 per cent when...
The Central Bank of Nigeria CBN has directed banks to obtain the social media handles of customers as part of enhanced Customer Due Diligence, CDD, regulations....
Former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has blamed the country’s inflation on the apex bank’s continuous financing of the...
The naira depreciated further against the dollar on Thursday at the investors and exporters window, exchanging at N765.13. It depreciated by 0.26 per cent when compared...
Exactly a week after the Central Bank of Nigeria (CBN) pulled the plug on the foreign exchange (FX) market to allow gradual rates harmonisation around the...
The Department of State Services told the Federal Capital Territory High Court on Tuesday that suspended Central Bank of Nigeria Governor, Godwin Emefiele, will flee the...
Just before I started writing this, the news broke that President Bola Tinubu had retired the Service Chiefs and the Comptroller-General of Customs. This was with...
Amid the foreign exchange reforms by President Bola Ahmed Tinubu’s administration, the Naira on Monday depreciated against the dollar at the Investors and Exporters window,...
The Central Bank of Nigeria, CBN, has announced further policy changes. According to the Director of Corporate Communications, Dr Isa AbdulMumin, the policy changes are aimed...