
…As Senate seeks information on Inflation, re-capitalization. Nigeria’s Central Bank Governor, Olayemi Cardoso Wednesday disclosed to the Senate Committee on Banking, Insurance and Financial Institutions that...

Former Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele has finally forfeited the sum of $2.045 million and several properties worth billions of naira...

The Central Bank of Nigeria (CBN) Wednesday withdrew operational licenses of 46 Microfinance banks as part of moves to sanitise the financial system. The revocation of...

Senate Committee on Banking, Insurance and Financial Institutions on Wednesday told the Central Bank Deputy Governor nominee, Lamido Abubakar Yuguda during the Committee screening to take...

The Central Bank of Nigeria (CBN) has described as fake, the N5,000 banknote featuring President Bola Tinubu, which is currently in circulation. The apex bank said,...

The Nigerian Communications Commission, NCC and the Central Bank of Nigeria, CBN have drawn up a comprehensive framework to address consumer complaints arising from unsuccessful airtime...

The Central Bank of Nigeria, CBN, has disclosed that eight banks have met recapitalisation requirements amid econmic sluggish. Speaking on Tuesday, the Governor, Olayemi Cardoso said...

About 10 Nigerian banks have been projected to meet, and even exceed, the CBN’s N500 billion minimum capital requirement Analysts say these banks’ posturing has shown...

The Central Bank of Nigeria, CBN has set a two year new minimum capital requirement for banks as part of moves to strengthen commercial and non-commercial...

A circular recently released by the Central Bank of Nigeria, CBN, has directed Bureaux de Change, BDCs, specifying the terms of foreign exchange (FX) sales and...