CBN Revokes Licence of Heritage Bank
The Central Bank of Nigeria (CBN) Monday said it has revoked the banking licence of Heritage Bank. It added that ...
Tag: CBN
House Demands Halt in Implementation of Proposed Cybersecurity Levy
The House of Representatives has called for the immediate halt on the proposed implementation of the cybersecurity levy imposed by ...
CBN Increases Capital Base of Banks to N500bn
The Central Bank of Nigeria (CBN) has increased the minimum capital base of banks to N500 billion. The CBN in ...
House Urges CBN to Direct Banks to Reverse Failed Transactions Immediately
The House of Representatives has urged the Central Bank of Nigeria (CBN) to direct banks to work on their systems ...
How Emefiele Allegedly Awarded Multi-Billion Naira Contracts to Family, Associates — Witness
A Seventh Prosecution Witness in the trial of a former governor of Central Bank of Nigeria (CBN), Godwin Emefiele on ...
Alleged $6.2m Fraud: Forensic Expert Confirms Forgery of Buhari, Mustapha’s Signatures
Bamaiyi Mairiga, Sixth Prosecution Witness in the trial of a former Governor of Central Bank of Nigeria (CBN), Godwin Emefiele ...
House to Investigate Banks, Financial Institutions Over Non-compliance With CBN Directives on NOP Limits
The House of Representatives has resolved to conduct an investigative hearing on the non-compliance by banks and financial institutions with ...
Relocation of CBN, FAAN to Lagos: Ndume Spoke For Himself, Not Senate — Kogi Senator
The Senator representing Kogi-West, Sen. Karimi Sunday has said that the Senate Whip, Senator Ali Ndume spoke for himself and ...
House Urges CBN to Adopt Chinese Yuan As Official FX Reserve
The House of Representatives has called on the Central Bank of Nigeria (CBN) to adopt of Chinese Yuan (CNY) ...
CBN Suspends Charges on Deposits Above 500,000
The Central Bank of Nigeria (CBN) has announced the suspension of processing fees on cash deposits above N500,000. This development ...
CBN: Old Naira Notes Will Remain Legal Tender Indefinitely
The Central Bank of Nigeria (CBN) has said that the old Naira notes which includes, N200, N500 and N1,000 denominations ...
Tinubu: There Will Be Thorough House Cleaning of CBN
President Bola Tinubu has pledged that there will be thorough house cleaning of the Central Bank of Nigeria (CBN) which ...
Cardoso Assumes Duty As Acting CBN Governor
The Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso on Friday assumed office as the governor of ...
Tinubu Directs CBN to Hold Reconciliation Meetings to Resolve FX Issues in Aviation
President Bola Tinubu on Wednesday directed the Central Bank of Nigeria (CBN) to hold quarterly reconciliation meetings with a view ...
House Summons CBN, Accountant General over Delays in Remitting Deductions from Workers’ Salaries
The House of Representatives has summoned the Central Bank of Nigeria and the Accountant General of the Federation, to appear before ...