Tag: CBN

The President needs to review the performance of his team, going forward, and in order to salvage whatever is possible ...

The court made the temporary forfeiture order after taking submission from the EFCC’s counsel.

A student, Adenike Ibrahim, told the BBC that she was close to handing in her dissertation after two years of ...

It also directed that BDCs meet the minimum capital requirements for the license category applied for within six months from ...

The committee voted to retain the Cash Reserve Ratio (CRR) at 45 per cent for commercial banks and adjust the ...

The CBN, at its last meeting, raised the MPR significantly by 200 basis points to 24.75 per cent from 22.75 ...

Many of the customers have called on both the CBN and FCCPC to intervene urgently to save them from a ...

The CBN stated that the previous directive had been withdrawn.

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso. . As the country’s number one financial regulator, the Central ...

The approval aims to strengthen the flow of foreign currency into the country through official channels.

The appointments are divided into nine pre-shipment inspection agents and two monitoring and evaluation agents

There are many things wrong with this levy beyond the fact that Nigerians are discontented with the governmental and non-governmental ...

Amidst the cost of living crisis exacerbated by rising inflation, the cybersecurity levy is mistimed

The bundles of documents were tendered against Mr Emefiele through the third prosecution witness, a Compliance Officer with the Zenith ...

The House directed the CBN to withdraw the ambiguous circular and issue a new one that provides clarity.

“The levy shall be applied at the point of electronic transfer origination, then deducted and remitted by the financial institution. ...

The CBN said the directive was to comply with the amended Cybercrime Act.

The CBN directed all banks to charge a 0.5 per cent cybersecurity levy on all electronic transactions within the country

Nigeria's overall inflation rate rose to 33.2 per cent in the same month, reflecting a 1.5 percentage point increase from ...

The EFCC alleged that Mr Emefiele disobeyed the law with intent to cause injury to the public during his implementation ...

The NCP approved the recommendations from the committee on BOA during its second meeting of 2024 held on Wednesday, 24 ...

The bank brought the rate lower than the N1,036 per US dollar it sold to BDCs earlier

The Central Bank of Nigeria (CBN), on 29 March, directed commercial banks in Nigeria with international authorisation to shore up ...

The 2023 audited annual report of Living Trust Mortgage Bank shows Citi Trust Holdings now holds 40.82 per cent, while ...

The LDR is used to assess a bank's liquidity by comparing a bank's total loans to its total deposits within ...