AdminNov 30, 20182 min readDiamond Bank receives CBN approval to operate as a national bankDiamond Bank Plc, Nigeria’s fastest growing retail bank, has received the approval of the Central Bank of Nigeria following its...
AdminNov 23, 20181 min readCBN states position on New Minimum Wage, reveals effect of N30,000 increaseThe Central Bank of Nigeria (CBN) on Thursday said the proposed increase in minimum wage for Nigerian workers would stimulate output...
AdminOct 23, 20182 min readBishop Isong reveals why dirty naira notes are in circulationThe General Overseer (GO) of Christian Central Chapel International (CCCI), Bishop Emmah Gospel Isong, has alleged that syndicates in...
AdminOct 8, 20181 min read2019: Ex-CBN Dep Gov, Mailafia emerges ADC presidential candidateFormer Deputy Governor of the Central Bank of Nigeria, Obadiah Mailafia, has been declared as the presidential candidate of the African...
AdminOct 6, 20182 min readSkye Bank: Nigerian govt tells CBN, NDIC to prosecute directorsThe Minister of Finance, Mrs Zainab Ahmed, has urged the Central Bank of Nigeria (CBN) and Nigeria Deposit Insurance Corporation (NDIC)...
AdminOct 5, 20181 min readWhat will happen to Nigerians spraying Naira notes at parties – CBNThe Bankers’ Committee of the Central Bank of Nigeria, CBN, has said those who “spray” naira notes at parties risk going to jail for six...
AdminOct 4, 20183 min readNo cause for alarm over Nigeria’s $44bn foreign reserves – CBNThe Central Bank of Nigeria (CBN) has allayed worries over the fluctuation in Nigeria’s external reserves. It assured that with its...
AdminSep 27, 20181 min read154 microfinance banks to lose licence – CBNThe Central Bank of Nigeria (CBN) yesterday gave a notification to revoke the operating licences of 154 microfinance banks in the...
AdminSep 21, 20181 min readSkye Bank: Polaris Bank takes over as CBN withdraws licenseFollowing the withdrawal of the operating licence of Skye Bank Plc, the Central Bank of Nigeria (CBN), in consultation with the Nigerian...
AdminSep 20, 20181 min readEx-CBN Deputy Governor joins presidential raceA former Deputy Governor of the Central Bank of Nigeria, Dr. Obadiah Mailafia will today (Thursday) submit his intention and nomination...
AdminSep 10, 20182 min read$10.1bn demand: MTN sues AGF, CBNTelecoms gaint, MTN Nigeria has filed a suit against the Central Bank of Nigeria (CBN) and the Attorney-General of the Federation,...
AdminSep 7, 20182 min readMTN: CBN deducts N5.87bn from 4 banksThe Central Bank of Nigeria (CBN) on Thursday effected the fine on four banks that breached its capital importation policy to the tune of...
AdminAug 30, 20182 min readFull details why CBN imposed N5.87bn fine on Stambic IBTC, Diamond bank, othersFresh facts have emerged on why the Central Bank of Nigeria (CBN imposed heavy sanctions totaling N5.87 billion on Standard Chartered...
AdminAug 30, 20181 min readMTN replies CBN over $8.1bn demandTelecommunications giant, MTN Nigeria has claimed that all dividends it paid to its shareholders between 2007 and 2015 were approved by...
AdminAug 30, 20181 min readCBN imposes N5.87 billion fine on Stambic IBTC, Diamond bank, two othersThe Central Bank of Nigeria, CBN, has imposed a total fine of 5.87billion on four banks in the country. They were accused of flagrant...
AdminAug 17, 20181 min readCBN releases 2017 report on foreign exchangeThe Central Bank of Nigeria (CBN), has said that the aggregate foreign exchange inflow into the country stood at $91 billion in 2017. The...
AdminAug 2, 20182 min readCBN issues new order to banks on chequesThe Central Bank of Nigeria (CBN) has set a 5-year timeline for banks to keep physical cheque presented to them by customers after which...
AdminJul 27, 20182 min readNSCDC, CBN arrest, recover N1,010,040 from Naira notes vendors in Ibadan [PHOTOS]The Oyo state Command of the Nigeria Security and Civil Defence Corps (NSCDC), in a joint operation with officials of the Central Bank of...
AdminJul 25, 20182 min readNigerian government not willing to save for rainy day – CBN cries outThe Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Tuesday, warned the Federal Government to learn to save...
AdminJul 20, 20181 min readCBN staff killed by gunmen in ZamfaraThe Police have confirmed the killing of a staff of the Central Bank of Nigeria, Kabiru Zango, by unknown gunmen in Gusau, the Zamfara...
