PRESS RELEASE The Inspector-General of Police (IGP) Usman Baba has ordered the nationwide arrest and prosecution of Nigerians caught selling the country’s currency. The order to...
The Central Bank of Nigeria (CBN) in partnership with the Economic and Financial Crimes Commission (EFCC), yesterday raided some banks and areas in Abuja in search...
Ahead of the introduction of new naira notes into the economy, the Central Bank of Nigeria has pegged the weekly limit of cash withdrawals over the...
Following the call on Nigerians to deposit all old notes still with them, the Central Bank of Nigeria (CBN) has said it has so far received...
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has withdrawn from running in primaries of the 2023 presidential election. According to a source, Emefiele...
The Kogi Government has denied ownership of the N19.3 billion, allegedly returned to the Central Bank of Nigeria (CBN) by the EFCC. The state has also...
The naira on Thursday dipped further at the parallel market in Lagos against the dollar. It exchanged at N579 to the dollar, while the pound sterling...
The Central Bank of Nigeria (CBN) has introduced new charges for customers using the Unstructured Supplementary Service Data (USSD) services. This is contained in a statement...
In a bid to encourage dollar transaction with commercial banks in Nigeria, the Central Bank of Nigeria has announced it will start paying the senders and...
Unclaimed dividends and bank account balances will now be made available to the federal government, as special credit, through the Unclaimed Funds Trust Funds. This is...
President Muhammadu Buhari has again directed the Central Bank of Nigeria (CBN) not to release from the country’s reserves for the importation of food items, declaring...
The Central Bank of Nigeria and the Bankers’ Committee have suspended proposed mass sacking of staff by banks in view of the Coronavirus pandemic. Isaac Okorafor,...
The Central Bank of Nigeria (CBN) says the bank does not charge any fee on the COVID-19 loan application as claimed in false reports circulated on...
The Central Bank of Nigeria (CBN) has reviewed downward electronic transfer and ATM fees as well as card maintenance fees. The new charges were contained in...
The Central Bank of Nigeria (CBN) spent N113.56 billion to print naira in two years. This is according to a report released by the apex bank....
The House of Representatives has asked the Central Bank of Nigeria to suspend the proposed bank charges under its new cashless policy. The Central Bank had...
The Central Bank of Nigeria has said it would henceforth charge depositors as well as those making withdrawals starting from September 18, 2019. This was made...
The Central Bank of Nigeria (CBN), has appealed to Nigerians to stop defacing the naira, describing it as a national identity and symbol, which must be...
President Muhammadu Buhari has directed the Central Bank of Nigeria to blacklist any firm, its owner and top management caught smuggling or dumping palm oil into...
The Central Bank of Nigeria (CBN) has finally given a nod to the acquisition of Diamond Bank by Access Bank. According to a source who confirmed...