Femi Falana (SAN), says the Central Bank of Nigeria cannot appeal the court judgment unfreezing the bank account of 20 #EndSARS campaigners. Falana, who was… Read More »CBN Cannot Appeal The Unfreezing Of #EndSARS Campaigners’ Accounts – Falana
The Central Bank of Nigeria (CBN) has directed commercial banks and other financial institutions to, henceforth, accept Machine Readable Travel Documents (MRCTD) and Refugee Identification… Read More »Identification: CBN Directs Banks, Others, To Accept Travel Documents, Refugee ID card
The Federal High Court, Abuja, on Wednesday, ordered the Central Bank of Nigeria (CBN) to unfreeze the bank accounts of the 20 #EndSARS promoters. Justice… Read More »Court Orders CBN To Unfreeze 20 #EndSARS Protesters Bank Accounts
The Ministry of Communications and Digital Economy is collaborating with the Central Bank of Nigeria (CBN) to ensure citizens with Bank Verification Number (BVN) are… Read More »Ministry, CBN Collaborate To Ensure Provision Of NIN Through BVN
The nation’s external reserves have dropped by  $404 million between  January 25, and February 3. Data tracked on the CBN’s website showed that the external reserves… Read More »External Reserves Drop By $404 Million
Former Nigeria presidential aspirant Adamu Garba has stated that investing in cow business is better than any form of the cryptocurrency business. Adamu said this… Read More »Investing In Cows Better Than Cryptocurrency – Adamu Garba
The Central Bank of Nigeria (CBN) has ordered all financial institutions including banks in the country to shut accounts of citizens or entities involved in… Read More »CBN Directs Banks To Close Accounts Of Cryptocurrency Traders
Nigeria’s biggest bank, the Central bank of Nigeria (CBN), said that it had disbursed a total of N2 trillion to mitigate the impact of the… Read More »COVID-19: CBN Uses N2trillion To Cushion Effect
Central Bank of Nigeria has held its benchmark lending rate at 11.5% on Tuesday at its first interest rate meeting of 2021, as it battles… Read More »CBN Holds Benchmark Lending Rate At 11.5%
The Central Bank of Nigeria (CBN) has advised against complete lockdown of the economy as a way of curbing the second wave of the COVID-19… Read More »CBN Advises Against Total Lockdown As COVID-19 Infections Soar
Nigeria has recorded a rise of $1.6 billion in her external reserves in what can be described as a stable and continued growth in the… Read More »External Reserves Rise By $1.6bn In 5 Weeks
The Central Bank of Nigeria (CBN) says revised cheque books of all Deposit Money Banks (DMBs) will become operational from April 1, 2020. CBN directed… Read More »New Bank Cheque Books Usable From April 1 – CBN
The Nigerian Stock Exchange market capitalisation on Friday dropped further by N51 billion on sustained profit taking due to fear of rate adjustment by the… Read More »MPC: NSE Drops N51bn On Fear Of Rate Adjustment
Kano Investment and Diaspora, in partnership with the Foreign Commonwealth Development ((LINKS) and Manufacturers Association of Nigeria (MAN), have secured a N10 billion intervention fund… Read More »CBN Provides N10bn Intervention Funds To Kano To Revive Industries–Consortium
The Central Bank of Nigeria (CBN) in a recently released document titled Credit Conditions Survey, Q4 2020, has stated that unsecured credit card lending will… Read More »Unsecured Credit Lending Expected To Increase In 2021 First Quarter
The Association of Bureaux De Change Operators of Nigeria (ABCON), on Tuesday, urged the Central Bank of Nigeria (CBN) to continue to stabilise the foreign… Read More »ABCON Tasks CBN On Forex Stability In 2021
The Central Bank of Nigeria (CBN) has revoked the licenses of seven Payment Service Providers (PSPs) and one switch service provider, who were unable to… Read More »CBN Revokes Licenses Of 7 PSPs, 1 Switch Service Provider
The Central Bank of Nigeria (CBN) has alerted the public on the activities of two unauthorised International Money Transfer Operators (IMTOs). A statement by Mr… Read More »CBN Disclaims Unregistered IMTOs