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The Federal High Court in Lagos on Tuesday, dismissed a lawsuit that sought the removal of Arabic inscriptions from naira notes. Justice Yellin Bogoro ruled against...
Customers of Heritage Bank have expressed fear in response to the Central Bank of Nigeria’s decision to revoke the bank’s operational license on Monday. In an...
The Chairman of the Senate Committee on National Security and Intelligence, Senator Shehu Umar Buba, has clarified that the Central Bank of Nigeria (CBN) cybersecurity levy...
The Central Bank of Nigeria (CBN) has reduced the customs import duties at the nation’s ports. Naija News reports that Customs duties are taxes and levies...
The Naira experienced a significant 23% decline against the dollar last week, attributed to heightened demand for dollars in the parallel market driven by both banks and end-users,...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has said that the apex bank is not defending the Naira with the nation’s foreign...
The House of Representatives, on Tuesday, issued a directive to the Central Bank of Nigeria (CBN), instructing it to ensure that commercial banks do not hold...
The Central Bank of Nigeria (CBN) has mandated regulated entities to notify customers of outstanding obligations before initiating debt collection processes. The objective is to ensure...
The Central Bank of Nigeria (CBN) has raised the application fee for the international money transfer operators (IMTO) license application from ₦500,000 to ₦10 million in...
The Federal Government, through the Central Bank of Nigeria, has elevated the exchange rate for cargo clearance from ₦952 per dollar to ₦1.356 per dollar. This...
The Special Investigator on the CBN and Related Entities, Jim Obaze has revealed that former president Muhammadu Buhari did not approve the Naira redesign policy introduced...
Reports have indicated that the former Central Bank of Nigeria Governor, Godwin Emefiele illegally lodged billions of naira in no fewer than 593 bank accounts in...
The Central Bank of Nigeria (CBN) has released a note of warning to Point-of-Sale (PoS) operators and commercial banks regarding the current naira scarcity in the country....
The Central Bank of Nigeria (CBN) has opened up on the reason for the naira scarcity across the nation. The apex bank disclosed that some individuals...
The Central Bank of Nigeria (CBN) has challenged the legal standing of the human rights lawyer, Femi Falana (SAN) to ask the Federal High Court to...
The Deputy Spokesman of the House of Representatives, Philip Agbese, has said that the new leader of the Central Bank of Nigeria (CBN) is not meeting...
The Manufacturers Association of Nigeria (MAN) has warned the Federal government against its decision to lift the ban on foreign exchange restrictions on 43 items placed...
Reports have indicated that the Jim Obazee-led special investigative panel constituted by President Bola Tinubu in July to probe and reset the Central Bank of Nigeria...
Reports have emerged on the policies the Central Bank of Nigeria (CBN) plans on introducing to stem the continuous slide of the naira against the dollar....
The Central Bank of Nigeria (CBN) has stated that it plans on intervening in the new charges adopted by Point of Sale (PoS) operators in Nigeria....
