The Central Bank of Nigeria has directed commercial banks to immediately cut off further financial services…
Tag: CBN
Nigeria’s Foreign Reserves Rise To $50.45bn, Highest Since 2013 — CBN
Nigeria’s gross external reserves have reached $50.45 billion, the highest in 13 years, Central Bank of…
FG Hails CBN 26.5% Rate Cut As Boost For Economy
The Federal Government has welcomed the Central Bank of Nigeria’s decision to reduce the Monetary Policy…
CBN Witness Takes Blame For $6.2m Missing Funds
A senior official of the Central Bank of Nigeria (CBN), Malam Bashirudeen Maishanu, who serves as…
CBN Shuts Down Two Mortgage Banks Over Regulatory Breaches
The Central Bank of Nigeria (CBN) has revoked the operational licenses of Aso Savings and Loans…
Reps Clash in Rowdy Session, Summon Cardoso over ₦11trn Unremitted RevenueÂ
The House of Representatives descended into a tense and rowdy session on Wednesday, December 10, while…
CBN Scraps Deposit Cap, Boosts Withdrawal Limits for Individuals, Corporates
The Central Bank of Nigeria (CBN) has removed the limit on cash deposits and raised the…
EFCC Arraigns Warri Archbishop Over Naira Abuse
The Economic and Financial Crimes Commission (EFCC) arraigned Archbishop Angel Oyeghe, founder of Faith Healing Ministry,…
CBN Concludes 2025 MPC Meeting Amid Inflation Easing
The Central Bank of Nigeria (CBN) held its final Monetary Policy Committee (MPC) meeting for 2025…
CBN Flags Zuldal Microfinance Bank Unlicensed, Warns public Against Transactions
The Central Bank of Nigeria (CBN) has warned Nigerians that Zuldal Microfinance Bank (MFB) Limited is…