The Central Bank of Nigeria (CBN) has officially sanctioned the merger of Providus Bank and Unity Bank. This landmark decision was announced on Tuesday by Hakama...
The Central Bank of Nigeria (CBN) has announced that next-of-kin, legal representatives, or beneficial owners can now claim unclaimed balances in dormant accounts. This directive was...
The Central Bank of Nigeria (CBN) has intensified its efforts to address rising inflation by announcing a hike in its benchmark interest rate, the Monetary Policy...
The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) by 50 basis points, raising it from 26.25% to 26.75%. This decision comes...
Yesterday, the Central Bank of Nigeria (CBN) announced the resumption of dollar sales to bureaux de change (BDCs). This move reversed the sharp depreciation of the...
The Central Bank of Nigeria (CBN) has announced the firing of top management of Nigerian Security Printing and Minting Plc (NSPM), appointing Abubakar Minjibr as interim...
The Central Bank of Nigeria (CBN) has issued a threat to penalise deposit money banks (DMBs) that refuse to accept mutilated naira notes. On Thursday, the...
The Federal Government through the Nigeria Customs Service has grounded a United States-registered Gulfstream G650ER jet belonging to a leading Nigerian bank, showing the commencement of...
The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, has been urged by the Socio-Economic Rights and Accountability Project to “account for and explain...
The Central Bank of Nigeria has announced that the foreign exchange price verification system portal, which is utilised by importers, will be discontinued effective July 1....
