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Reactions As CBN Lifts Ban On Cryptocurrency Transactions

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The Central Bank of Nigeria has changed its stance on crypto assets in the country and asked banks to disregard its earlier ban on...

CBN Investigator Reveals How Emefiele Operated 593 Illegal US, UK, China...

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The former Central Bank of Nigeria Governor, Godwin Emefiele, illegally lodged billions of naira in no fewer than 593 bank accounts in the United...

Naira Scarcity: CBN Probes Banks, Point Of Sales Operators

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The Central Bank of Nigeria has announced that it is investigating collusion between the banks and Point-of-Sale operators over the lingering cash scarcity in...

Bank Audit Leaders To CBN: Strengthen Fintech Regulations

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The Association of Chief Audit Executives of Banks in Nigeria has called for stricter regulations of the fintech space as well as the operations...

CBN Expresses Optimism, Says Inflation, Exchange Rate Will Reduce In 2024

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The Central Bank of Nigeria (CBN), has declared in Abuja that rising inflation and exchange rates in the country will drastically reduce in 2024. The...

More Pressure On Nigerian Banks As Cash Flight Persists

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Customers are withdrawing unusually large volumes of cash from Nigerian banks and are depositing less, raising fears in financial circles. A customer survey at the...

CBN To Nigerians: Fake Naira Notes Are Now In Circulation

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The Central Bank of Nigeria has warned Nigerians to be wary of counterfeit naira notes in circulation amid reports of currency shortage in the...

PoS Operators To CBN: Extend BVN/NIN Deadline

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Stakeholders in the economy have urged the Central Bank of Nigeria to extend the deadline to enforce its new directives to banks to ensure...

All Set For CBN To Revise Measures To Cut Food, Energy...

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A new price management and stability framework that will lead to improvement in average living standards is underway. The inflation management plan, soon to be...

Recapitalization Of Banks: CBN Hailed By Experts

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Two financial experts have commended the Central Bank of Nigeria for its plan to further recapitalize Deposit Money Banks. They gave the commendations in separate...
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