The Central Bank of Nigeria, CBN, has dismissed a report claiming it had introduced N5,000 and N10,000 banknotes to facilitate cash transactions as false. In a statement posted on its…
The Central Bank of Nigeria (CBN) has appointed 16 new directors across key departments in a significant leadership shakeups. These appointments affect crucial areas such as Monetary Policy department, Trade…
Former Governor of the Central Bank of Nigeria, Godwin Emefiele, has demanded the withdrawal of Justice Rahman Oshodi of the Lagos State Special Offences Court in Ikeja from his ongoing…
Socio-Economic Rights and Accountability Project, (SERAP) has sued the Central Bank of Nigeria (CBN) "over the failure to reverse the patently unlawful, unfair, unreasonable and unjust increase in Automated Teller…
The Federal High Court in Lagos has ordered the final forfeiture of $4.7 million, N830 million, and multiple properties linked to former Central Bank of Nigeria, (CBN) Governor, Godwin Emefiele.…
Nigeria’s latest treasury bills auction, conducted on February 19, 2025, saw total subscriptions hit N2.41tn, reflecting sustained investor interest across the three tenors on offer. However, this marked a decline…
The Central Bank of Nigeria, CBN, has ordered bank directors with non-performing insider-related loans to step down immediately. Insider loans refer to loans granted by a bank to its own…
The Socio-Economic Rights and Accountability Project, SERAP, has given the Central Bank of Nigeria a 48-hour ultimatum to reverse the newly announced hike in Automated Teller Machine transaction fees, calling…
The Central Bank of Nigeria, (CBN), has reviewed the transaction fees for Automated Teller Machine (ATM) services, with new charges set to take effect from March 1, 2025. In a…
The Central Bank of Nigeria, CBN, has extended the temporary access granted to Bureau de Change operators for purchasing foreign exchange from the Nigerian Foreign Exchange Market till May 30,…