The House of Representatives has summoned the Central Bank of Nigeria (CBN) and major commercial banks to explain the rising wave of arbitrary and unexplained deductions...
The Federal Competition and Consumer Protection Commission has commended the Central Bank of Nigeria’s proposed directive, which mandates banks to refund customers for failed Automated Teller...
The Federal Government has moved to calm public anxiety over reports that every Nigerian must obtain a Tax Identification Number (Tax ID) before opening or maintaining...
The Central Bank of Nigeria (CBN) has unveiled a dedicated Compliance Department to enhance oversight of non-prudential risks across the nation’s financial system. This new unit...
Access Holdings Plc has appointed Innocent Ike as its substantive Group Managing Director/Chief Executive Officer, effective August 29, 2025, following regulatory approval. His appointment ends an...
A High Court in Abuja has awarded a fine of N85 million against Zenith Bank Plc for freezing a customer’s bank account by relying on an...
The Nigeria Employers’ Consultative Association (NECA) has commended the Central Bank of Nigeria’s Monetary Policy Committee (MPC) for maintaining a tight policy stance in July 2025....
The Central Bank of Nigeria’s Monetary Policy Committee meeting has retained the country’s interest rate at 27.50 percent. The Governor of CBN, Olayemi Cardoso, disclosed this...
We are compelled to respond to a publication by ThisDay Newspaper of July 17, 2025, and Arise TV suggesting that 25% of First Bank Holdings (First...
The Central Bank of Nigeria has announced Monday and Tuesday, July 21 and 22, 2025, as the 301st Monetary Policy Committee meeting. The apex bank disclosed...