The Federal High Court in Lagos has issued a final forfeiture order for a warehouse and 54 general-purpose steel containers linked to former Central...
The Central Bank of Nigeria (CBN) has announced a daily withdrawal limit of N100,000 per customer for transactions conducted via point-of-sale (PoS) terminals. This...
The Central Bank of Nigeria (CBN) has once again failed to publish its annual accounts, drawing criticism from analysts who argue that this contravenes...
The Central Bank of Nigeria (CBN) has issued a stern warning to financial institutions over the illegal distribution of newly minted naira notes. In...
The Association of Senior Staff of Banks, Insurance, and Financial Institutions (ASSBIFI) has blamed the ongoing cash shortage in Nigeria on the Central Bank...
Despite directives from the Central Bank of Nigeria (CBN) aimed at alleviating the cash scarcity gripping the country, many Nigerians continue to face significant...
The Central Bank of Nigeria (CBN) has refuted claims of enforced mass retirements, clarifying that its Early Exit Package (EEP) is entirely voluntary and...
The Nigerian House of Representatives has directed the Central Bank of Nigeria (CBN) to suspend the retirement of over 1,000 staff and the accompanying...
The Central Bank of Nigeria (CBN) is set to retire approximately 1,000 employees before the end of 2024, offering a N50 billion payoff under...
The Central Bank of Nigeria (CBN) has initiated the Electronic Foreign Exchange Matching System (EFEMS) to address longstanding distortions in the forex market and...