Tag
CBN
The Court of Appeal sitting in Abuja has dismissed an application seeking to suspend a subsisting judgement which...
The impending disconnection of Unstructured Supplementary Service Data (USSD) of nine commercial banks may not happen as the...
Representatives from the Central Bank of Nigeria (CBN) and First Bank of Nigeria (FBN), along with other witnesses, have been listed to testify against the Chairman of Honeywell Group, Chief Oba Otudeko, and a former Managing Director of First Bank, Olabisi Onasanya, in an alleged N12.3bn fraud case filed by the Economic and Financial Crimes Commission (EFCC).
The Chairman/CEO of the Nigerians in Diaspora Commission (NiDCOM), Hon. Abike Dabiri-Erewa, has called for "strategic engagement" regarding the newly introduced Non-Resident Nigerian Ordinary Account (NRNOA) and the Non-Resident Nigerian Investment Account (NRNIA), recently launched by the Central Bank of Nigeria (CBN) Governor, Mr. Olayemi Cardoso.
The Central Bank of Nigeria (CBN) has introduced two digital initiatives—the Document Flow (DocFlow) System and the Ministries, Departments, and Agencies (MDAs) Naira Payment Solution—at an event held on Wednesday, January 15, 2025, at the Bank's headquarters in Abuja.
Nigeria’s foreign exchange (FX) reserves have recorded a notable decline, shedding $359.81 million within a single week to settle at $40.56 billion as of January 13, 2025.
The Central Bank of Nigeria (CBN) has imposed fines of N150 million each on nine Deposit Money Banks (DMBs) for failing to dispense cash via Automated Teller Machines (ATMs) during the festive season.
The Central Bank of Nigeria (CBN) has reported a marginal decline in the value of the eNaira, Nigeria's official digital currency.
The Central Bank of Nigeria (CBN) has prohibited local deposits into the newly launched Non-Resident Nigerian Ordinary Account...
The naira experienced sustained pressure across foreign exchange markets this week, closing at N1,544.50/$1 on the official market and trading as high as N1,647/$1 in the parallel market.
The United States economy delivered a stronger-than-expected jobs report in December, creating 256,000 jobs compared to economists’ expectations...
The Federal Government spent N8.94 trillion on debt servicing in the first nine months of 2024, accounting for 47% of total expenditure during the period.