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...
The Central Bank of Nigeria (CBN) on Friday supplied a total of $197.71 million to the foreign exchange market through sales to authourised dealers. The apex...
The Nigeria Deposit Insurance Corporation (NDIC) has urged members of the public to continue their banking activities without fear, assuring that all banks remained safe and...
The Central Bank of Nigeria (CBN) has appointed 16 new directors across key departments in a significant leadership shakeups. These appointments affect crucial areas such as...
The World Bank has approved a total of $2.2 billion in new loans for the Federal Government of Nigeria in 2025. According to the World Bank’s...