The Central Bank of Nigeria (CBN) has confirmed that eight Nigerian banks have met the minimum regulatory requirements under the […]
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JUST-IN: CBN Retains Interest Rate At 27.5%
The Central Bank of Nigeria (CBN) has announced the retention of the Monetary Policy Rate (MPR) at 27.5%, following the […]
Continue readingCourt Throws Out N990 Trillion Suit Of Man Who Claims To Be Nigeria’s Prime Minister
The Federal High Court in Abuja, on Wednesday, dismissed a 990 trillion pounds suit filed by a claimant, Tunde Omosebi, […]
Continue readingFAKE NEWS ALERT: CBN Denies Introducing N5,000, N10,000 Notes
The Central Bank of Nigeria (CBN) has disowned a circular claiming that the financial regulator has introduced N5,000 and N10,000 […]
Continue readingNigeria’s Net Reserve Hits $23bn, Highest In Over Three Years — CBN
Nigeria’s Net Foreign Exchange Reserve (NFER) as of the end of 2024 stood at $23.11 billion, the highest level in […]
Continue readingBREAKING: Suspend ATM Charges Hike, Reps Tell CBN
Following a motion of urgent public importance, the House of Representatives has passed a resolution calling for the suspension of […]
Continue readingFULL LIST: CBN Appoints 16 New Directors In Major Leadership Overhaul
The Central Bank of Nigeria (CBN) has appointed 16 new directors across key departments in a significant leadership shakeups. These […]
Continue readingJUST-IN: CBN Orders Nigerian Banks To Cut Insider Loans Within 6 Months
Nigeria’s banking regulator has issued a sweeping directive mandating commercial banks to comply with stricter insider lending limits or risk […]
Continue readingCBN Lied About $26 Billion Leaving Nigeria Through Binance – Gambaryan
Binance’s Head of Financial Crime Compliance, Tigran Gambaryan, has refuted claims made by the Central Bank of Nigeria regarding the […]
Continue readingJUST-IN: CBN Announces Fresh ATM Transaction Fees Effective March 1
The Central Bank of Nigeria (CBN) has introduced new Automated Teller Machine (ATM) transaction fees for banks and financial institutions, […]
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