CBN

Progressive Shareholders Association of Nigeria Challenges Cybercrimes Fund’s Constitutionality

1 min read

• National

Progressive Shareholders Association of Nigeria Challenges Cybercrimes Fund’s Constitutionality

admin May 22, 2024

The Progressive Shareholders Association of Nigeria (PSAN) has engaged Olisa Agbakoba Legal (OAL) to contest the constitutionality...

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CBN Withdraws Controversial Cybersecurity Levy Directive Amid Public Backlash

1 min read

• National

CBN Withdraws Controversial Cybersecurity Levy Directive Amid Public Backlash

admin May 20, 2024

In a significant turnaround, the Central Bank of Nigeria (CBN) has retracted its earlier directive mandating banks...

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Special Report Exposes Stanbic IBTC, Others in Insider Loan Controversy

2 min read

• Business

Special Report Exposes Stanbic IBTC, Others in Insider Loan Controversy

admin May 16, 2024

…Banks Reduce Related-Party Lending After CBN Tightens Regulations A recent analysis revealed that several Nigerian banks, including...

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Ex-CBN Director Accuses Emefiele of Demanding Bribes in Contractor Deals

2 min read

• Crime

Ex-CBN Director Accuses Emefiele of Demanding Bribes in Contractor Deals

admin April 30, 2024

In a dramatic twist at the ongoing trial of former Central Bank of Nigeria (CBN) Governor Godwin...

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EFCC Charges Former CBN Governor Emefiele with $4.5bn, N2.8bn Fraud

2 min read

• Crime

EFCC Charges Former CBN Governor Emefiele with $4.5bn, N2.8bn Fraud

admin April 9, 2024

The Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC) brought former Central Bank of...

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Banks are in good stead to meet CBN’s recapitalisation target – ACAMB

3 min read

• Business

Banks are in good stead to meet CBN’s recapitalisation target – ACAMB

admin April 2, 2024

The Association of Corporate & Marketing Communication Professionals of Banks (ACAMB) has assured the banking public that...

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CBN Revokes Licenses of Over 4,000 Bureaux De Change Operators (See Full List)

1 min read

• Metro

CBN Revokes Licenses of Over 4,000 Bureaux De Change Operators (See Full List)

admin March 1, 2024

The Central Bank of Nigeria (CBN) has taken decisive action by revoking the licenses of 4,173 Bureaux...

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MoneyMaster records rise in customer base, promises more innovations

2 min read

• Business

MoneyMaster records rise in customer base, promises more innovations

admin February 23, 2024

MoneyMaster Payment Service Bank (MMPSB), a CBN-licensed payment service bank, has been steadily increasing its clientele base...

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CBN Shakes Up Nigerian Money Transfer Scene in Bid to Boost FX Market Liquidity

2 min read

• Metro

CBN Shakes Up Nigerian Money Transfer Scene in Bid to Boost FX Market Liquidity

admin February 2, 2024

In a significant move, the Central Bank of Nigeria (CBN) has unveiled new regulations for international money...

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Senate Summons CBN Governor Over State of Economy, Naira Free Fall

2 min read

• Metro

Senate Summons CBN Governor Over State of Economy, Naira Free Fall

admin February 1, 2024

…Senator Abiru’s bill on Central Bank of Nigeria Act Amendment Passes First Reading on Tuesday in the...

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Presidential Spokesperson Clarifies Misinterpretations Regarding Federal Capital Relocation Rumours

2 min read

• National

Presidential Spokesperson Clarifies Misinterpretations Regarding Federal Capital Relocation Rumours

admin January 25, 2024

Bayo Onanuga, the special adviser to President Bola Tinubu on Information & Strategy, in a statement released...

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