The Central Bank of Nigeria (CBN) has fined nine deposit money banks with over N1.35bn for failing to ensure cash availability via Automated Teller Machines (ATM)...
The Central Bank of Nigeria (CBN) reportedly imposed a fine of N1bn each on Moniepoint and OPay in the second quarter of 2024, in continuation of...
The Central Bank of Nigeria (CBN) has reportedly fined Access Bank Plc for ‘wrong warehousing of funds from a government agency’. According to Trixxng.com, the fine...
The Central Bank of Nigeria (CBN) has directed banks to prioritise cash disbursement through automated teller machines (ATMs). In a statement on Friday, Solaja Olayemi, acting...
It has been made clear by the Central Bank of Nigeria (CBN) that the old series of N200, N500, and N1,000 bills will not be phased...
The Central Bank of Nigeria (CBN) says it has not fixed any deadline for the circulation of the old N200, N500 and N1,000 banknotes. The Acting...
Growing investor confidence and strong market participation have continue to boost optimism about Fidelity Bank’s stock as the bank experienced a remarkable 20% surge on the...
The Central Bank of Nigeria (CBN) has recently issued a new directive that changes how Point of Sale (PoS) transactions are processed across the country. This...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Aboki Fx) today? As of August 31, 2024, the...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Aboki Fx) today? As of August 28, 2024, the...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Aboki Fx) today? As of August 24, 2024, the...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Aboki Fx) today? As of August 23rd, 2024, the...
The Central Bank of Nigeria (CBN) is grappling with a slew of lawsuits from former workers who were dismissed as part of the bank’s restructuring drive,...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Aboki Fx) today? As of August 1st, 2024, the...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Aboki Fx) today? As of August 1st, 2024, the...
The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) has increased the baseline interest rate by 50 basis points to 26.75%, announced Governor Yemi Cardoso...
A former Central Bank of Nigeria (CBN) Director of Currency Operations, Ahmed Umar, has disclosed that the immediate past governor, Godwin Emefiele, printed his own design...
The Central Bank of Nigeria (CBN) has reiterated the safety of deposits and the resilience of the banking system in response to recent concerns. Acting Director...
In a significant move, the Central Bank of Nigeria (CBN) has exercised its authority under Section 12 of the Banks and Other Financial Institutions Act (BOFIA)...
The Central Bank of Nigeria Monetary Policy Committee (MPC) announced a substantial increase in interest rates by 150 basis points, raising it from 24.75% in March...
The Central Bank of Nigeria (CBN) has withdrawn its earlier directive for banks to implement a contentious 0.5% cybersecurity levy on electronic transactions. The reversal comes...
The Economic and Financial Crimes Commission (EFCC) is preparing to arraign former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Wednesday. This is...
According to a new report from Bloomberg, the naira, the country’s currency, has lost value and become the worst-performing currency in the world over the past...
In response to the recent directive issued by the Central Bank of Nigeria (CBN), the Socio-Economic Rights and Accountability Project (SERAP) has demanded the immediate retraction...
The Central Bank of Nigeria (CBN) has issued a directive requiring banks and financial institutions to implement a 0.5 per cent levy on certain transactions as...
OPay, a prominent fintech company in Nigeria, has responded to the Central Bank‘s directive prohibiting it from accepting new clients. In a statement released on Tuesday...
In a significant move aimed at revitalizing Nigeria’s agricultural sector, the National Council on Privatisation (NCP) has announced plans to merge the Central Bank of Nigeria’s...
The Economic and Financial Crimes Commission (EFCC) has filed a new charge against the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, at...
Finance Minister Wale Edun clarified that the Tinubu-led Federal Government has not obtained funds from the Central Bank of Nigeria, CBN. Speaking after a meeting with...
Former Central Bank Governor, Godwin Emefiele, who is embattled with a 26-count charge alleging abuse of office and irregular allocation of $4.5 billion and N2.8 billion...
In a significant legal development, a Lagos State Special Offences Court in Ikeja has ordered the remand of the former Governor of the Central Bank of...
The Senate Ad-hoc Committee investigating the disbursement of N30 trillion in Ways and Means loans obtained from the Central Bank of Nigeria (CBN) during former President...
The Nigerian naira saw a slight improvement in its naira exchange rate against the US dollar on Thursday, February 29th, 2024. According to a report by...
CBN disclosed through their investigators to place three Nigerians in Interpol Red notice over alleged fraudery. A letter to the IGP , signed by DCP Eloho...
The Federal government reportedly indicated that it would no longer allow Central Bank of Nigeria, CBN, to print money by Ways and Means to fund the...
The Central Bank of Nigeria (CBN) is planning to implement a new round of banking recapitalisation for the Deposit Money Banks (DMBs). Mr Olayemi...
The Federal Government is set to initiate trial proceedings against the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on charges related to...
Banks’ borrowings from the Standing Lending Facility (SLF) of the Central Bank of Nigeria (CBN) increased year-on-year (YoY) by 466 percent to N268.3 billion as at end...
In a resolute statement, the recently confirmed Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has pledged that he and his team will...
Topnaija reports the update on the official CBN Dollar To Naira exchange rate today, which also includes exchange rates of Pounds to Naira, Euro to Naira,...
