CBN Revokes Licences of 46 Microfinance Banks
The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks across the country for failing ...
Tag: Central Bank of Nigeria (CBN)
30 Banks Meet CBN Minimum Capital Targets
The Central Bank of Nigeria (CBN) has confirmed that 30 banks have met the new minimum capital requirements ahead of ...
FG Outlaws Cash Spraying, Decorative Use of Naira
The Federal Government of Nigeria has banned the use of Naira notes for decorative purposes, warning Nigerians against money bouquets, ...
CBN Withdraws Operating Licences of Two Mortgage Banks
The Central Bank of Nigeria (CBN) has withdrawn the operating licences of Aso Savings and Loans Plc and Union Homes ...
CBN Licenses 82 BDCs, Warns Against Illegal Forex Dealers
The Central Bank of Nigeria (CBN) has granted final operating licences to 82 Bureau De Change (BDC) operators under its ...
CBN Cuts Interest Rate to 27percent Amid Signs of Disinflation
The Central Bank of Nigeria (CBN) has lowered the country’s benchmark interest rate to 27.00 per cent, marking the first ...
CBN Ends Free Monthly ATM Withdrawals for Other Banks’ Customers
The Central Bank of Nigeria (CBN) has scrapped the three free monthly withdrawals previously granted to customers using other banks’ ...
Former CBN Corporate Affairs Manager, Tony Ede is Dead
The death of Tony Ede, the pioneer Corporate Affairs Manager of the Central Bank of Nigeria (CBN), has been confirmed ...
Bank Customers To Now Pay Cybersecurity Levy On Transactions – CBN
The Central Bank of Nigeria (CBN) has ordered deposit money banks in the country to start charging 0.5% cybersecurity levy ...
EFCC Arraigns Governor Emefiele over $4.54bn, N2.8bn Frauds
The Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC), on Monday, April 8, 2024, has again arraigned ...
Tinubu, Bolloré Seal Fresh Investment Plans for Nigeria
President Bola Ahmed Tinubu has held talks with Vincent Bolloré of the Bolloré Group in Paris, with the conglomerate confirming...
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APC Urges Atiku to Quit 2027 Presidential Race over Mambilla Allegations
The All Progressives Congress (APC) Presidential Campaign Council has called on the presidential candidate of the African Democratic Congress (ADC),...
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37 Miners’ Deaths: Bago Orders Forensic Examination, Autopsies
Niger State Governor, Mohammed Umar Bago, has said forensic examinations and autopsies will be conducted to determine the circumstances surrounding...
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EFCC Recovers N140m, Hands Funds to Investment Company
The Economic and Financial Crimes Commission (EFCC), Lagos Zonal Directorate 2, has recovered N140 million and handed the funds over...
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