The Naira remained unchanged on Friday, closing the week at N1,586.15 to the Dollar at the official foreign exchange market. It traded at the same rate...
The Central Bank of Nigeria (CBN) has strongly refuted misleading publications and social media reports concerning the operations of a regulated financial institution, reaffirming the strength...
The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS) on Tuesday officially inaugurated the Non-Resident Bank Verification Number (NRBVN) platform...
The Central Bank of Nigeria, CBN has again raised the alarm over what it described as fraudulent claims and fictitious contracts purportedly from the apex bank....
The Federal High Court in Abuja has dismissed the request to stop the Central Bank of Nigeria (CBN) from using the e-naira trade mark. Justice James Kolawole...
Nigerian commercial banks have announced plans to increase SMS transaction alert fee from ₦4 to ₦6, effective Thursday, May 1, 2025. One of the banks, Guaranty...
The Nigeria Deposit Insurance Corporation, NDIC, has commenced payment of ₦46.6 billion as the first tranche of liquidation dividends to depositors with funds above the insured...
The Central Bank of Nigeria, CBN, has cautioned deposit money banks against sourcing capital from illicit channels as part of the ongoing recapitalisation exercise, stressing that...
Three men were on Friday arraigned before an Abeokuta Magistrates’ Court sitting in Isabo for allegedly forging a Central Bank of Nigeria (CBN) enrollment and employment...
The Nigeria Deposit Insurance Corporation (NDIC) has announced plans to commence the payment of the first tranche of liquidation dividends to depositors of Heritage Bank starting...