Justice Joyce Abdulmalik of the Federal High Court in Abuja on Wednesday stopped the Central Bank of Nigeria from further releasing monthly financial allocations to Rivers...
The Central Bank of Nigeria is preparing to impose stricter fines on banks that fail to comply with regulatory standards. This move, according to the Deputy...
The Central Bank of Nigeria has announced a fresh Foreign Exchange Code as guidelines to legible players in the country’s FX market to stabilize the Naira....
The Central Bank of Nigeria, CBN, has announced the introduction of the Electronic Foreign Exchange Matching System, EFEMS, for foreign exchange transactions in the Nigerian Foreign...
The Central Bank of Nigeria (CBN) has announced another increase in its Monetary Policy Rate (MPR), raising it to 27.25%. The decision was made on Tuesday...
The Central Bank of Nigeria, CBN, has confirmed the enforcement of the controversial cybercrime levy at 0.005 percent on all electronic transactions under its new guidelines...
The Central Bank of Nigeria has reconstituted the board of directors of Keystone Bank. The move announced on Wednesday, as part of the apex bank’s strategy...
The Association of Mobile Money and Bank Agents in Nigeria has taken legal action against the Corporate Affairs Commission over its directive requiring Point of Sale...
The Central Bank of Nigeria (CBN) has terminated the appointments of all executive directors at the Nigeria Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL). The...
The Federal Government of Nigeria has successfully issued a $500 million domestic dollar bond with an attractive 9.75% interest rate for investors. This inaugural bond in...