CBN lifts deposit restrictions, raises weekly withdrawal limit to N500,000.
By Our Reporter The Central Bank of Nigeria (CBN) has introduced sweeping changes to its cash-management rules, removing the cap on cash deposits and increasing […]
CBN
ATM Charge Increase: Reps Call for Immediate Suspension of CBN’s
By Divine Sam The House of Representatives has called for the immediate suspension of the recent hike in ATM transaction charges and the discontinuation of […]
Aggrieve sacked CBN employees file lawsuit demand N30b damages.
By Divine Sam Aggrieved former employees of the Central Bank of Nigeria (CBN), dismissed during a large-scale layoff in 2024, have filed a lawsuit against […]
Cashless economy: POS operators, banks engage in blame games.
By Divine Sam The ongoing cash shortage in Nigeria has sparked a blame game between Point of Sale (POS) operators and banks, as Nigerians face […]
CBN decline giving loan to Nigerian banks over non-performance
The Central Bank of Nigeria (CBN) has reported a decline in Non-Performing Loans (NPLs) among Nigerian banks, with the ratio dropping to 3.9% in June […]
CBN Gov. Olayemi seek regional collaboration to encourage financial stability
The Governor of the Central Bank of Nigeria, Olayemi Cardoso has called for more regional collaboration to strengthen financial stability and growth in the West […]
CBN launched a five-day Regional Workshop on Project Management, Monitoring & Evaluation using Results-Based Management.
The Central Bank of Nigeria with the West African Institute for Financial and Economic Management has launched a five-day Regional Workshop on Project Management, Monitoring […]
Naira looses weight to Dollar, exchanges at N775.76 in official window
The Naira on Friday ended the week losing against the Dollar, exchanging at N775.76, at the Investors and Exporters window. The local currency lost […]
Fresh trouble Hit Emefiele, as FG charge ex CBN governor to court over illegal possession of firearms
The Federal Government has filed a two-count charge of illegal possession of firearms and ammunition against Godwin Emefiele, the suspended governor of the Central […]
DSS charge ex CBN gov Emefiele to court
The Department of State Services, DSS, has finally charged the suspended Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, to […]