The Central Bank of Nigeria, CBN, has opposed a suit seeking to remove the Ajami (Arabic) inscriptions on naira notes. It told the Federal High Court...
The Central Bank of Nigeria, CBN has stated that the sum of N3.5 trillion has been disbursed to cushion the effect of COVID-19 pandemic on the...
The Federal High Court sitting in Abuja has granted the Central Bank of Nigeria the request to freeze the accounts of 19 individuals and a public...
The Central Bank of Nigeria (CBN) has approached the Senate to grant it powers to freeze accounts linked to criminals. The CBN made the appeal on...
The Central Bank of Nigeria would impose a fine of N10m on any bank that contravenes the Global Standing Instruction guidelines. The GSI is the guideline...
The Central Bank of Nigeria (CBN) has directed banks to halt any plans to sack staff due to the COVID-19 pandemic. The decision was taken after...
The Central Bank of Nigeria (CBN) on Thursday announced that it has recovered over N60 billion from banks as excessive charges imposed on customers. The CBN...
The Central Bank of Nigeria (CBN) has reviewed downward electronic transfer and ATM fees as well as card maintenance fees. The new charges were contained in...
The Central Bank of Nigeria will increase banks’ Loan to Deposit Ratio (LDR) to 70% by 2020. CBN Director, Banking Supervision, Mr. Hassan Belllo disclosed this...
The Central Bank of Nigeria (CBN) has opposed plans by MTN to charge their subscribers for Unstructured Supplementary Service Data (USSD) access to banking services from...