The Central Bank of Nigeria (CBN) has mandated that all banks and financial institutions transfer dormant accounts, unclaimed balances, and other financial assets to a dedicated account established for this…
The Central Bank of Nigeria (CBN) has projected a slight reduction in Nigeria’s external reserves in 2024. This forecast is detailed in the recently released maiden edition of its ‘Macroeconomic…
On Monday, the Central Bank of Nigeria (CBN) sought to uplift spirits, assuring Nigerians that despite current economic challenges, the nation’s economy is on a path towards strength. CBN Governor…
The Corporate Affairs Commission (CAC) has announced its intention to cancel the certificates of incorporation of Bureaux De Change (BDCs) whose licenses were revoked by the Central Bank of Nigeria…
The Central Bank of Nigeria (CBN) has stopped international oil companies from repatriating 100% foreign exchange proceeds to their mother companies overseas at once. The apex bank said international oil…
Former Central Bank of Nigeria (CBN) Governor Godwin Emefiele has been released from the Kuje Correctional Center after his lawyers met his bail conditions. His lawyer and Senior Advocate of…
The Central Bank of Nigeria (CBN) has suspended charges on cash deposits about N500,000 till April 30, 2024. The CBN made this known in a statement on Monday signed by…
Justice Hamza Muazu of the High Court of the Federal Capital Territory, Abuja, has granted former Central Bank Governor, Mr. Godwin Emefiele bail in the sum of N300 million and…
The Central Bank of Nigeria (CBN) has once again assured Nigerians that there are enough naira notes in the country and warned them not to panic. The apex bank, in…
The Ad hoc Committee of the House of Representatives probing alleged non-remittance and utilisation of National Housing Fund from 2011 till date has summoned the Accountant-General of the Federation, Oluwatoyin…