Nigeria’s Central Bank has scrapped the three free monthly withdrawals previously allowed for customers using other banks’ ATMs. Starting March 1...
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Nigeria’s Central Bank has imposed fines totalling N1.35bn on nine Deposit Money Banks for failing to ensure cash availability through Automated Teller...
The Central Bank of Nigeria (CBN) has reiterated that the departure of 1,000 staff members in December 2024 was entirely voluntary. Governor Olayemi Cardoso...
Nigeria’s Central Bank (CBN) has temporarily granted Bureau de Change (BDC) operators permission to purchase up to $25,000 weekly from the Nigerian...
The Central Bank of Nigeria (CBN) has reaffirmed that old N1000, N500, and N200 banknotes remain valid as legal tender, contrary to misinformation suggesting...
The House of Representatives on Tuesday, resolved to set up an ad-hoc committee to investigate the circumstances that led to the mass retirement of 1,000 staff...
Court documents filed by the Economic and Financial Crimes Commission (EFCC) have linked former Central Bank of Nigeria (CBN) Governor Godwin Emefiele to a...
A Federal High Court in Abuja has ordered the Central Bank of Nigeria to halt monthly financial allocations to the Rivers State Government. Justice Joyce...
Nigeria’s Central Bank Governor, Olayemi Cardoso, has revealed plans to launch a diaspora bond in the United States to achieve monthly remittance inflows...
The Central Bank of Nigeria (CBN) has dispelled rumours that the old series of N200, N500, and N1,000 banknotes would cease to be legal tender by December 31...