The Nigeria Deposit Insurance Corporation says it has disbursed the insured deposits of N5 million each to 82.36 per cent of the total customers of the...
The Central Bank of Nigeria says six out of 32 banks that bid for foreign currency at its recently launched retail Dutch Auction System were disqualified...
The Central Bank of Nigeria (CBN) on Tuesday announced the approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and...
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Central Bank of Nigeria (CBN) “over the failure to account for and explain...
A Northern group, Coalition for Emancipation of Sokoto Youths, has said it would participate in the planned protest against bad governance, saying Governor Ahmad Sokoto of...
The Central Bank of Nigeria, CBN, Monetary Policy Committee, MPC, on Tuesday raised the interest by 50 basis points to 26.75 per cent from 26.25 per...
The Central Bank of Nigeria (CBN) yesterday resumed dollar sales to Bureaux De Change (BDC) operators with a planned disbursement of $20,000 to each licensee. The...
The Federal High Court sitting in Lagos on Tuesday dismissed a suit challenging the use of Arabic inscriptions on Naira notes. Justices Yellin Bogoro held that...
The Corporate Affairs Commission (CAC) has said it would cancel the certificates of incorporation of Bureaux De Change(BCDs) whose licences have been revoked by the Central...
The High Court of the Federal Capital Territory (FCT) has fixed a ruling for July 16 on former governor of Central Bank of Nigeria, Godwin Emefiele’s...