The Central Bank of Nigeria (CBN) has issued a statement clarifying that it has not reinstated the cybersecurity levy that was previously suspended. This...
The Central Bank of Nigeria (CBN) has issued a new directive mandating that all Point-of-Sale (PoS) transactions at merchant and agent locations, whether physical...
NIRSAL Plc has appointed Mr. Babajide Arowosafe as its new Managing Director and Chief Executive Officer (MD/CEO) following the reconstitution of its Board of...
The Central Bank of Nigeria (CBN) has announced the dissolution of the Board and Executive Management of the Nigeria Incentive-Based Risk Sharing System for...
As Nigeria faces severe economic challenges, including widespread hunger and inflation, the governor and deputies of the Central Bank of Nigeria (CBN) have drawn...
The Central Bank of Nigeria (CBN) has granted approval for the merger between Unity Bank and Providus Bank, a move aimed at enhancing the stability of...
Nigeria faces potential worsening inflation as the country’s money supply (M3) hit a record high of N101.34 trillion in June 2024, according to recent data from...
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Central Bank of Nigeria (CBN) at the Federal High Court in Lagos, seeking...
In a move aimed at increasing transparency and accountability, the Central Bank of Nigeria (CBN) announced it will annually publish the names of individuals with unclaimed...
In a move aimed at stabilizing the Nigerian currency, the Central Bank of Nigeria (CBN) has announced the sale of $148 million to authorized dealers in...