The naira weakened in the parallel market on Monday, depreciating to N1,420 per US dollar from N1,406 per dollar recorded over the weekend. However, the local...
The Nigeria Police Force (NPF) and the Central Bank of Nigeria (CBN) are facing scrutiny following allegations that a journalist with Secrets Reporters, Stanley Ugagbe, was...
The Central Bank of Nigeria (CBN) has withdrawn the operating licences of 46 microfinance banks across the country over their failure to comply with regulatory requirements....
The naira weakened against the United States dollar on Monday, dropping to ₦1,395 per dollar in the parallel market from ₦1,386 recorded last Friday. The local...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the country’s benchmark interest rate at 26.5 per cent. CBN Governor, Olayemi...
The naira showed a mixed performance on Tuesday, recording a slight gain in the parallel market while weakening at the official window. In the parallel market,...
The Chartered Risk Management Institute of Nigeria has commended the Central Bank of Nigeria for introducing enhanced regulatory measures aimed at strengthening the security of Nigeria’s...
The Central Bank of Nigeria (CBN) has approved an increase in the cost of issuing and replacing Automated Teller Machine (ATM) debit and credit cards to...
The Central Bank of Nigeria (CBN) has dismissed as false a viral image circulating on social media, which purportedly shows a newly introduced N5,000 banknote featuring...
Flutterwave has announced that it has obtained a banking licence from the Central Bank of Nigeria (CBN), clearing the way for the company to operate as...