Tag: CBN

The proposed directive follows years of public frustration over delayed reversals and failed transfers, often breeding discontent among accounts holders.

The witness said EFCC investigators analysed secret WhatsApp messages that discussed how $400,000 should be delivered to “Oga”.

Both the prosecution and Mr Emefiele’s defence team traded accusations at the Lagos State Special Offences Court in Ikeja on ...

The group said the payment adds an additional financial burden on Nigerian pilgrims.

In his Independence Day broadcast, President Bola Tinubu reeled out 12 “remarkable” economic milestones under his watch.

The renovation of the National Theatre was undertaken by the CBN and the Bankers’ Committee in partnership with the Lagos ...

"Our goal is to build a fair, efficient, and sustainable tax system that supports growth and boosts investor confidence."

On Tuesday, the Monetary Policy Committee (MPC) reduced the Monetary Policy Rate (MPR) by 50 basis points from 27.5 per ...

The MPC also adjusted the standing facilities corridor to improve the efficiency of the interbank market and strengthen monetary policy ...

CPPE said Nigeria’s apex bank had taken bold steps to improve transparency, credibility and governance.

The Osun State Government opted to discontinue the case against the AGF.

The naira also opened the trading week bullish on Monday, gaining N4.03 against the dollar at the official market.

Following this robust performance, the Board has approved an interim dividend of N1.25 per share, a 25% increase over the ...

“This licence is granted subject to strict adherence to the provisions of the CBN Act 2007, BOFIA 2020, and rules ...

Nigeria’s headline inflation eased for the fifth straight month in August, dropping to 20.12 per cent

Banking topped the list with 3,173 complaints, followed by fast-moving consumer goods (1,543), fintech (1,442) and electricity (458)

Undoubtedly, Nigerian lawmakers are living large, far beyond what they are legally entitled to.

The award has mostly been conferred on Nigerians with significant contributions to global economy.

The transaction reached the decisive phase after the Federal High Court in Lagos asked the small-tier lender in July to ...

”N137 billion has been released to NEXIM bank. We have disbursed over N420 billion, which is close to NEXIM Bank’s ...

At an event organised by the group in Abuja, participants recognised that women’s economic empowerment was central to inclusive growth, ...

It projected a 19.2 per cent drop in profit before tax in 2025

It said Mr Ogbonna stepped down as a non-executive director after three and a half years of service.

The CBN also directed payment companies to adopt a new global standard for transaction messages, known as ISO 20022, by ...

A resolution from last December's meeting gives FCMB Group the freedom to increase the target of its initial capital raise ...