The Central Bank of Nigeria (CBN) has uncovered widespread preferential treatment for VIP customers during cash disbursement by Deposit Money Banks (DMBs), leaving ordinary customers struggling...
The Central Bank of Nigeria (CBN) has fined two of the country’s leading fintech unicorns, Moniepoint and OPay, a combined total of N2 billion (N1 billion...
Barring any last-minute changes, the Central Bank of Nigeria (CBN) is preparing to retire approximately 1,000 employees before the end of the year, according to findings...
The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) to 27.50%, up from 27.25%. CBN Governor, Mr. Olayemi Cardoso, announced the decision...
The Central Bank of Nigeria (CBN) has revealed that over 28 million Nigerians, predominantly from rural areas, still lack access to banking services. Philip Ikeazor, Deputy...
The Federal High Court in Abuja has issued an order preventing the Central Bank of Nigeria (CBN) from continuing monthly financial allocations to Rivers State. The...
The Central Bank of Nigeria (CBN) has entered into a significant agreement with the International Finance Corporation (IFC), a member of the World Bank Group, to...
The House of Representatives has called on the Central Bank of Nigeria (CBN) to commence the gradual withdrawal of old N200, N500, and N1,000 notes from...
As of October 18, 2024, Nigeria’s external reserves have increased to $40.2 billion, according to the Central Bank of Nigeria (CBN). This development was announced during...
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, announced that Nigerians in the diaspora will be required to obtain Bank Verification Numbers (BVN)...
