In a bid to tackle the ongoing forex crisis, the Central Bank of Nigeria (CBN) has implemented stringent new guidelines for the operations of […]
Tag: CBN
Former CBN Governor Emefiele Granted N300 Million Bail in Naira Printing Case
Former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been granted a N300 million bail after being arraigned on charges of printing […]
Emefiele Denies Allegations of Printing N684 Million in Notes with N18.96 Billion in Court
The Economic and Financial Crimes Commission (EFCC) arraigned former Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele on Wednesday for allegedly approving the […]
CBN Governor Signals Commitment to High Interest Rates to Tackle Inflation
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has indicated that the apex bank will maintain high interest rates until inflation eases, […]
IMF Recommends CBN to License Cryptocurrency Dealers
The International Monetary Fund (IMF) has advised the Central Bank of Nigeria (CBN) to issue operating licenses or register cryptocurrency dealers. This recommendation is part […]
CBN Expected to Suspend Implementation of Cybersecurity Levy
The Central Bank of Nigeria (CBN) is expected to direct banks to suspend the implementation of the Cybersecurity Levy, which was scheduled to begin on […]
Court Saga: Former CBN Governor Emefiele Accused of Bribery
In the ongoing trial of the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, a prosecution witness, Victor Onyejiuwa, testified before the […]
CBN Unveils List of Nigeria’s 44 Licensed Banks, Reveals Industry Expansion
The Central Bank of Nigeria (CBN) has disclosed a detailed list of 44 licensed Deposit Money Banks operating across the country. This announcement was made […]
Central Bank of Nigeria Orders Cybersecurity Levy on Transactions
The Central Bank of Nigeria (CBN) has directed all banks operating in the country to begin charging a cybersecurity levy on transactions. According to a […]
CBN’s Ban on Fintechs Sparks Concern Among Bank Customers, Raises Questions on Financial Security
The Central Bank of Nigeria (CBN) has banned mobile money operators, including fintech firms, from onboarding new customers, causing panic among some bank customers. The […]