Indications emerged on Saturday that the chief executive officers and other top executives of Deposit Money Banks had begun moves to raise fresh capital to…
President Bola Ahmed Tinubu approved on Friday the nomination of Dr. Olayemi Michael Cardoso to serve as the new Governor of the Central Bank of Nigeria…
Financial institutions have been mandated by the Central Bank of Nigeria (CBN) to obtain the social media handles of customers for the purpose of identification.…
The Central Bank of Nigeria (CBN) has appointed Isa Abdulmumin as Acting Director of the apex bank’s Corporate Communications Department. Abdulmumin, a Deputy Director, succeeds…
The Supreme Court on Wednesday adjourned judgement in the new naira policy suit to March 3, 2023. With the apex court’s decision, Nigerians, especially consumer…
The Central Bank of Nigeria (CBN) has renewed Cellulant’s Payment Service Solution Provider License in Nigeria. This license enables Cellulant to continue providing online and…
President Muhammadu Buhari has extended the validity of the old N200 notes by 60 days. The President announced this in his nationwide address on Thursday,…
Interswitch Group one of Africa’s leading financial technology and integrated payments solution providers has announced receipt of a Payments Service Holding Company (PSHC) License issued…
The Central Bank of Nigeria, CBN is set to launch the much-awaited domesticated credit card for use by the Nigerian banking population today. As reported by The…
The stakeholders made the observation in separate interviews with the News Agency of Nigeria (NAN) on Thursday in Lagos. According to them, it is important…
According to information released by the Central Bank of Nigeria (CBN), there are at least 6,047 Bank Verification Numbers (BVNs) on its watch list due…
he CBN also warned all banks and other financial institutions that aiding and abetting circumvention of the new policy will attract severe sanctions. The Central…