CBN scam: Court reserves ruling on bail till June 15
The Federal High Court in Ibadan on Tuesday reserved ruling till June 15 on bail application for 10 bank officials involved in the N8...
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CBN reduces withdrawal limit with naira debit cards abroad
The Central Bank of Nigeria, CBN, yesterday announced the reduction of the usage of naira debit cards for transactions overseas to...
CBN warns Nigerians against use of foreign currencies for domestic transactions
This is contained in a statement signed by Alhaji Ibrahim Mu’azu, Director, Corporate Communications, CBN, in Abuja. “The attention of...
CBN warns schools, landlords to stop charging in dollars
While stressing that the legal currency for doing business in Nigeria remained the naira, he asserted that it is illegal for anyone to...
CBN takes financial literacy awareness to secondary schools
The Deputy Governor of the apex bank’s Corporate Services Department, Mr. Adabayo Adelabu, explained that the campaign was aimed at...
CBN gives banks clean bill of health
The CBN, in a statement at the weekend, said, “the unaudited results of banks and the results released so far, indicated that economic...
CBN approves appointment of four directors for Unity Bank
The bank said in a statement on Wednesday that three non-executive directors and one independent director were approved by the CBN. It...
Controversial article: NGF blasts Soludo, says ex CBN governor looking for attention
In a statement released in Abuja and signed by the Secretary of the forum, Earl Osaro Onaiwu, the governors stated that they were at a...
No bank will die while I am in office – Emefiele
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has pledged not to leave a legacy of superintending over the death of any...
CBN, banks sign MOU on power sector intervention fund
T Mr Godwin Emefiele, the CBN Governor, disclosed this at the signing ceremony on Monday in Abuja. The two agreements are terms and...
CBN to begin circulation of commemorative N100 note today
Disclosing this in a statement signed by the Head, Corporate Communications, Ibrahim Mu’azu, on Friday in Abuja, the apex bank directed...
IMF hails Nigeria’s austerity measures
The IMF chief mission for Nigeria, Gene Leon, who stated this in reaction to Nigeria’s fiscal and monetary response to the fall in global...
Falling oil price: CBN cuts exchange rate of naira to dollar by N13
The apex bank devalued the naira at its monetary policy committee, MPC, meeting on Tuesday in Abuja, where it also reviewed Nigeria’s...
Lawmakers halt amendment compelling CBN to contribute N50bn to distressed banks Lawmakers halt
The proposed bill provides that the N50 billion should be paid into a contributory fund, otherwise known as a ‘sinking fund’ from time...
CBN denies funding Boko Haram
The bank denied that it was being used by anybody to channel funds to the Boko Haram sects. It made this denial in a letter dated 16th...
SERAP sues CBN over failure to expose Boko Haram sponsors
The suit was filed on Tuesday by the Executive Director of the organisation, Adetokunbo Mumuni, at the Federal High Court Ikoyi in Lagos...
CBN refunds N17bn illegally charged by banks back to customers
Speaking at a press briefing to mark the commencement of the Financial Literacy and Consumer Awareness Campaign in Calabar on Monday, the...
CBN gets seven-day ultimatum to explain reintroduced N65 ATM charge
The coalition, which comprises: Enough is Enough Nigeria, the Public and Private Development Centre (PPDC), as well as other interested...
CBN goes ahead with N65 charges on ATM withdrawals despite outcries
DailyPost reports that the apex bank had announced a fresh plan to bring back the charges penultimate week. Explaining why it is...
CBN says 46% of Nigerians have no access to ATM, POS
The CBN Director of Payment Systems, Dipo Fatokun, made this known over the weekend at the launch of a mobile money initiative led by...
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