The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso will lead Nigeria’s delegation to the World Bank and International Monetary Fund Annual Meeting in Washington DC. The meeting will open on Monday, […]
The Central Bank of Nigeria (CBN) and the Accountant General of the Federation have been ordered to stop further release of financial allocations to Rivers State government with immediate effect. The Supreme Court of Nigeria […]
The Central Bank of Nigeria (CBN) has increased the transaction charges on Automated Teller Machines (ATM), citing rising operational costs and the need to enhance banking services. Following this revision, customers will now pay more for […]
The Central Bank of Nigeria (CBN) has reiterated its commitment to promoting youth empowerment for the economic transformation of the nation. The apex bank also pledged to advance sustainable development through financial inclusion, stressing that […]
The Nigerian Communications Commission (NCC) has authorized the disconnection of Unstructured Supplementary Service Data (USSD) codes for nine financial institutions. This is due to their failure to pay their USSD backlog debts. The authorization was […]
The Federal Government has appreciated Nigerians for their endurance in the present economic situation occasioned by the various economic reforms. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed this on […]
Following the refusal of Governor Siminalayi Fubara to represent the 2024 budget to the state House of Assembly, a Federal High Court in Abuja has ordered the Central Bank of Nigeria (CBN) to stop the […]
The onboarding restrictions of new customers placed on Opay, Palmpay, Kuda, Paga and Moniepoint has been lifted by the Central Bank of Nigeria (CBN). Opay, which disclosed the information on its official X handle, said […]
Following the revocation of banking license of Heritage Bank by the Central Bank of Nigeria, CBN, its customers have been assured of repayment within one week. The Managing Director of the Nigerian Deposit Insurance Corporation, […]
Following the directive from President Bola Tinubu, the Central Bank of Nigeria (CBN) has withdrawn its earlier circular enforcing the enforcement of the national cybersecurity levy. The CBN on May 6, 2024, issued a circular […]
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