The 774 local governments are to open dedicated accounts with the Central Bank of Nigeria (CBN) for the direct disbursement of allocations to them from the...
The Central Bank of Nigeria has sanctioned nine Deposit Money Banks with fines totalling N1.35bn for failing to ensure cash availability via Automated Teller Machines during...
The House of Representatives, on Tuesday, directed the Central Bank of Nigeria, CBN to suspend the retirement of 1,000 staff and the associated payoff scheme until...
The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the monetary policy rate, which measures the benchmark interest rate, to...
The Central Bank of Nigeria, has affirmed that it will sustain its Ways and Means Advances to the federal government at a 5 per cent limit...
Amid the ongoing hardship ravaging Nigeria, deposit money banks in the country will now start charging 0.5% cybersecurity levy on transactions. This was contained in...
The Central Bank of Nigeria, CBN, has ordered four fintech companies to stop onboarding of new customers pending further notice. The affected fintechs- OPay, Palmpay,...
The Central Bank of Nigeria has again announced the sales of dollars to Bureau De Change operators. The CBN disclosed this in a circular...
The Central Bank of Nigeria, CBN, has approved the appointments of new board of directors for Polaris, Union, and Keystone banks. Aprokorepublic learnt that the...
The Central Bank of Nigeria has, with immediate effect, sacked the entire Board of Directors governing Polaris, Titan, Union and Keystone Banks. CBN sources...