The Central Bank of Nigeria (CBN) has reiterated that all versions of the naira, including the…
Category: BANKING
CBN Imposes N150m Fine On Banks Releasing New Notes To Hawkers
The Central Bank of Nigeria has announced a fine of ₦150 million on Deposit Money Banks…
CBN Honours OPay For Financial Inclusion Innovation
Nigeria leading financial institution OPay has been recognised with the prestigious International Financial Inclusion Conference (IFIC)…
CBN Denies Claim Alleging Approval Of Sales Of Forex To BDC Operators
The Central Bank of Nigeria (CBN) has debunked reports that claimed it has approved the sale…
Naira Scarcity In Banks Fuels Fear Of Exploitation By PoS Agents In Nigeria
Mobile money agents have become a familiar sight across Nigeria, using handy point-of-sale machines to provide…
CBN’s Bloomberg BMatch System Spurs Naira Recovery to N1,515/$
The Central Bank of Nigeria’s (CBN) directive mandating banks operating in the interbank FX market to…
Senate Distances Self From Suspending Debate On Tax Reform Bills As Southern Senators Meet
The South-South caucus of the Senate has held an emergency meeting to bolster support for the…
World Bank Announces $100bn Loan For Poorest Countries
The World Bank has announced nearly $24 billion in loans and grants for some of the…
Bank staff steals millions as Police arrest card fraudster
The Katsina State Police Command, yesterday, paraded Adewumi Gabriel, Head of ATM Operations of a new…
CBN Governor, Yemi Cardoso Says ‘Exchange Rate Not True Value Of Naira’
The Central Bank of Nigeria (CBN) has said the current exchange rate for the naira does…