Tag: Central Bank of Nigeria

Cash withdrawals will not be possible from accounts opened for virtual and digital assets transactions, the Central Bank of Nigeria has disclosed. Withdrawals from these...

The Central Bank of Nigeria has affirmed the safety of funds in Nigerian banks, emphasising the stability of the country’s banking sector. The apex bank...

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

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

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...

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

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...

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...

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

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