The Central Bank of Nigeria (CBN) has taken the decisive step of revoking the licenses of 4,173 Bureau De Change (BDC) Operators due to their failure...
In its latest efforts to stabilize the nation’s volatile exchange rate, the Central Bank of Nigeria (CBN) has directed Deposit Money Banks to divest their surplus...
The Central Bank of Nigeria has said it is set to prosecute forex defaulters in the country. The CBN Acting Director of Communication, Mrs. Sidi Ali,...
The Economic and Financial Crimes Commission (EFCC) has reportedly conducted a raid on the head office of the Dangote Group, where they are currently investigating forex...
The Central Bank of Nigeria (CBN) has refuted claims suggesting that certain Nigerian banks fell short of the capital adequacy ratio, as reported by some media...
The Central Bank of Nigeria (CBN) has announced the temporary suspension of processing fees on large cash deposits. Dr. Adetona Adedeji, the acting Director of Supervision...
The Central Bank of Nigeria (CBN) has affirmed that the old naira banknotes will retain their legal tender status. As reported by IDOMA VOICE, the CBN...
A Federal High Court in Abuja has granted former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, an extension until January 25 to personally appear in...
Isa AbdulMumin, the Director of Corporate Communications at the Central Bank of Nigeria (CBN), the apex bank categorically refuted claims of an impending redenomination of the...