CBN

CBN Governor Cardoso Dismisses NIRSAL Executive Management

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has dismissed the entire executive management team of…

1 month ago

Banks Directed to Transfer Dormant Account Funds to CBN

The Central Bank of Nigeria (CBN) has mandated all banks and financial institutions to transfer funds from dormant accounts to…

3 months ago

BREAKING: CBN Withdraws Heritage Bank License

The Central Bank of Nigeria (CBN) has revoked the license of Heritage Bank Plc effective immediately. This action aims to…

4 months ago

Tinubu Calls for Immediate Suspension of CBN Cybersecurity Levy

Nigerian President Bola Tinubu has directed the Central Bank of Nigeria to suspend the enforcement of the contentious cybersecurity levy…

5 months ago

CBN Urged by Senate to Retrieve ₦1.079 Trillion in Anchor Borrowers’ Loans

The Senate has called upon the Central Bank of Nigeria (CBN) to initiate the recovery process for the ₦1.079 trillion…

7 months ago

DisCos Secure ₦273.34b Loan for Meter Acquisition in Distribution – CBN

According to a recent report from the Central Bank of Nigeria (CBN), a staggering loan totaling N273.34 billion was granted…

7 months ago

CBN Shakeup: 19 Directors Face Dismissal Amid Controversy, Legal Challenges

The Central Bank of Nigeria (CBN) is poised to initiate the dismissal of nineteen directors in the coming days, marking…

7 months ago

New Guidelines: CBN Requires Sellers to Declare Sources of Forex Above $10,000

The Central Bank of Nigeria (CBN) has issued new regulations mandating foreign exchange sellers to Bureau De Change (BDC) who…

7 months ago

CBN: Printing New Currency with New Governor’s Name Unveiled (Photo)

In a startling revelation, it has come to light that the Central Bank of Nigeria (CBN) is actively engaged in…

8 months ago

CBN Urges Banks To Notify Customers Before Debt Recovery Procedures

In a recent directive, the Central Bank of Nigeria (CBN) has instructed financial institutions under its regulation to adhere to…

8 months ago