Diamond Bank receives CBN approval to operate as a national bank
Diamond Bank Plc, Nigeria’s fastest growing retail bank, has received the approval of the Central Bank of Nigeria following its...
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CBN states position on New Minimum Wage, reveals effect of N30,000 increase
The Central Bank of Nigeria (CBN) on Thursday said the proposed increase in minimum wage for Nigerian workers would stimulate output...
Bishop Isong reveals why dirty naira notes are in circulation
The General Overseer (GO) of Christian Central Chapel International (CCCI), Bishop Emmah Gospel Isong, has alleged that syndicates in...
2019: Ex-CBN Dep Gov, Mailafia emerges ADC presidential candidate
Former Deputy Governor of the Central Bank of Nigeria, Obadiah Mailafia, has been declared as the presidential candidate of the African...
Skye Bank: Nigerian govt tells CBN, NDIC to prosecute directors
The Minister of Finance, Mrs Zainab Ahmed, has urged the Central Bank of Nigeria (CBN) and Nigeria Deposit Insurance Corporation (NDIC)...
What will happen to Nigerians spraying Naira notes at parties – CBN
The Bankers’ Committee of the Central Bank of Nigeria, CBN, has said those who “spray” naira notes at parties risk going to jail for six...
No cause for alarm over Nigeria’s $44bn foreign reserves – CBN
The Central Bank of Nigeria (CBN) has allayed worries over the fluctuation in Nigeria’s external reserves. It assured that with its...
154 microfinance banks to lose licence – CBN
The Central Bank of Nigeria (CBN) yesterday gave a notification to revoke the operating licences of 154 microfinance banks in the...
Skye Bank: Polaris Bank takes over as CBN withdraws license
Following the withdrawal of the operating licence of Skye Bank Plc, the Central Bank of Nigeria (CBN), in consultation with the Nigerian...
Ex-CBN Deputy Governor joins presidential race
A former Deputy Governor of the Central Bank of Nigeria, Dr. Obadiah Mailafia will today (Thursday) submit his intention and nomination...
$10.1bn demand: MTN sues AGF, CBN
Telecoms gaint, MTN Nigeria has filed a suit against the Central Bank of Nigeria (CBN) and the Attorney-General of the Federation,...
MTN: CBN deducts N5.87bn from 4 banks
The Central Bank of Nigeria (CBN) on Thursday effected the fine on four banks that breached its capital importation policy to the tune of...
Full details why CBN imposed N5.87bn fine on Stambic IBTC, Diamond bank, others
Fresh facts have emerged on why the Central Bank of Nigeria (CBN imposed heavy sanctions totaling N5.87 billion on Standard Chartered...
MTN replies CBN over $8.1bn demand
Telecommunications giant, MTN Nigeria has claimed that all dividends it paid to its shareholders between 2007 and 2015 were approved by...
CBN imposes N5.87 billion fine on Stambic IBTC, Diamond bank, two others
The Central Bank of Nigeria, CBN, has imposed a total fine of 5.87billion on four banks in the country. They were accused of flagrant...
CBN releases 2017 report on foreign exchange
The Central Bank of Nigeria (CBN), has said that the aggregate foreign exchange inflow into the country stood at $91 billion in 2017. The...
CBN issues new order to banks on cheques
The Central Bank of Nigeria (CBN) has set a 5-year timeline for banks to keep physical cheque presented to them by customers after which...
NSCDC, 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...
Nigerian government not willing to save for rainy day – CBN cries out
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Tuesday, warned the Federal Government to learn to save...
CBN staff killed by gunmen in Zamfara
The Police have confirmed the killing of a staff of the Central Bank of Nigeria, Kabiru Zango, by unknown gunmen in Gusau, the Zamfara...
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