Lagos state governor, Babajide Sanwo-Olu has issued a warning to banks still rejecting the old naira note despite the directive from the Supreme court. The governor shared the warning in...
The Lagos state governor, Babajide Sanwo-Olu, has cautioned citizens to not reject old Naira notes. Governor Sanwo-Olu issued a post on his social media page this evening warning that anyone who...
The CBN has vowed to prosecute POS operators who have been taking advantage of cash scarcity to exploit the public by charging outrageously. The CBN Governor Godwin Emefiele said this on Tuesday,...
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has stated that the CBN would not be utilized to frustrate the next general elections. Emefiele made the remarks...
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says financial technology (fintech) companies are disrupting the banking sector. Emefiele said this on Tuesday at the International Association of...
The Senate has summoned the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over the continuous depreciation of the naira. The naira is currently trading between N690 and N700...
The Central Bank of Nigeria (CBN) has called on Nigerians to report any case of unauthorized and excessive debit on their accounts. The apex financial institution in Nigeria issued this statement via...
The EFCC has said that the Central Bank of Nigeria, CBN, has acknowledged the receipt of the sum of N19.3bn it recovered from the Kogi State Salary Bail-out account domiciled...
The Central Bank of Nigeria (CBN) has said it is not disbursing eNaira currency to Nigerians as being claimed by fraudsters. The apex bank urged Nigerians to be wary of...
AbokiFX has temporarily suspended rates on all its platforms, amidst an investigation by the Central Bank of Nigeria (CBN). This was disclosed in a social media statement by AbokiFX on...
The Central Bank of Nigeria, CBN, has disclosed that it has so far recovered N89.2 billion excess and ill*gal charges slammed on customers by banks in Nigeria. The CBN Governor,...
Following the ban on the sales of forex to Bureau de Change operators, the Central Bank of Nigeria has directed Deposit Monetary Banks (DMBs) in Nigeria to create mobile applications...
The Central Bank of Nigeria (CBN) has banned the sale of foreign exchange (FX) to Bureau De Change (BDCs) operators in the country. The CBN governor, Godwin Emefiele, announced this at...
The Central Bank of Nigeria (CBN) has announced that it will be announcing its own digital currency on October 1, 2021. Nairametrics reported that the CBN alongside stakeholders picked Independence...
The Buhari administration has been alleged to have provided capital for Adamu Garba’s Crowwe social media platform with the hope of dominating social media like Facebook and Twitter in Nigeria....
The Central Bank of Nigeria CBN has again warned that anyone caught spraying Naira notes will be arrested and sent to jail. This directive is a bid by the apex...
The Central Bank of Nigeria (CBN) is planning to launch its own digital currency by the end of 2021. The bank’s IT specialist Rakiya Mohammed revealed this on Thursday after...
The Central Bank of Nigeria (CBN) has confirmed NAFEX Investor & Exporter forex window rate is now Nigeria’s official benchmark exchange rate. The apex bank reported an official exchange rate...
Mobile Network Operators (MNOs) and Deposit Money Banks (DMBs) have agreed to charge customers using unstructured supplementary service data (USSD) service a flat fee of N6.98 for each transaction. In...
A senator representing Niger East Senatorial District in the National Assembly, Sani Musa has defended the Central Bank of Nigeria’s ban on cryptocurrency transactions in Nigeria. According to Musa, cryptocurrency...
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