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CBN officially confirmed Emefiele’s resignation

Posted by Chuks Ofurum
|Date: September 23, 2023
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CBN officially confirmed Emefiele’s resignation

The Central Bank of Nigeria (CBN) has officially confirmed the resignation of Godwin Emefiele from his po ...

The Central Bank of Nigeria (CBN) has officially confirmed the resignation of Godwin Emefiele from his position as governor. The spokesperson of the apex bank, Isa AbdulMumin, said that Dr. Olayemi Mi ...

September 23, 2023
| by Chuks Ofurum

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CBN launches online platform to hasten microfinance bank licence applications

Posted by 1st news
|Date: September 20, 2023
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CBN launches online platform to hasten microfinance bank licence applications

The Central Bank of Nigeria (CBN) has unveiled a digital platform for the submission of microfinance bank ...

The Central Bank of Nigeria (CBN) has unveiled a digital platform for the submission of microfinance bank (MFB) licence applications. The platform is called the ‘licencing, approval, and other request ...

September 20, 2023
| by 1st news

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CBN to prosecute forex operators for market infractions

Posted by 1st news
|Date: September 14, 2023
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$CBN to prosecute forex operators for market infractions$

CBN to prosecute forex operators for market infractions

The Central Bank of Nigeria (CBN) has vowed to sanction erring International Money Transfer Operators all ...

The Central Bank of Nigeria (CBN) has vowed to sanction erring International Money Transfer Operators allegedly engaging in foreign exchange arbitrage. The apex bank said this in a circular with refer ...

September 14, 2023
| by 1st news

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JUST IN! Ex-CBN Gov. Emefiele’s N6.9billion fraud case adjourned

Posted by Chuks Ofurum
|Date: August 23, 2023
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JUST IN! Ex-CBN Gov. Emefiele’s N6.9billion fraud case adjourned

The expected arraignment of the suspended Central Bank of Nigeria, CBN governor, Godwin Emefiele, over an ...

The expected arraignment of the suspended Central Bank of Nigeria, CBN governor, Godwin Emefiele, over an alleged N6.9bn procurement fraud, has again been stalled. The case was first sta ...

August 23, 2023
| by Chuks Ofurum

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CBN releases list of accredited cheque printers

Posted by Chuks Ofurum
|Date: August 12, 2023
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CBN releases list of accredited cheque printers

The Central Bank of Nigeria, CBN has released to the banks and other stakeholders an updated list of its ...

The Central Bank of Nigeria, CBN has released to the banks and other stakeholders an updated list of its accredited cheque printers and personalizes it in fulfillment of its mandate to ensure efficien ...

August 12, 2023
| by Chuks Ofurum

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SERAP sues CBN over unlawful regulations on Bank customers social media

Posted by Chuks Ofurum
|Date: July 23, 2023
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SERAP sues CBN over unlawful regulations on Bank customers social media

Socio-Economic Rights and Accountability Project, SERAP has taken legal action against the Central Bank o ...

Socio-Economic Rights and Accountability Project, SERAP has taken legal action against the Central Bank of Nigeria for directing banks to obtain information on customers’ social media handles for iden ...

July 23, 2023
| by Chuks Ofurum

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Reps warn CBN against collecting customers’ social media handles

Posted by 1st news
|Date: July 12, 2023
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Reps warn CBN against collecting customers’ social media handles

House of Representatives has urged the Central Bank of Nigeria CBN, to halt the implementation of the “Kn ...

House of Representatives has urged the Central Bank of Nigeria CBN, to halt the implementation of the “Know Your Customer” KYC directive. This was sequel to the adoption of a motion by a member from R ...

July 12, 2023
| by 1st news

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CBN warns banks of risks over transactions from Iran, Cameroon, others

Posted by 1st news
|Date: July 07, 2023
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CBN warns banks of risks over transactions from Iran, Cameroon, others

The Central Bank of Nigeria (CBN), on Thursday, July 6, urged banks and other financial institutions to b ...

The Central Bank of Nigeria (CBN), on Thursday, July 6, urged banks and other financial institutions to be vigilant and alert to possible emerging risks resulting from the circumvention of measures ta ...

July 07, 2023
| by 1st news

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CBN lifts limits on domiciliary accounts

Posted by Chuks Ofurum
|Date: June 19, 2023
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CBN lifts limits on domiciliary accounts

The Central Bank of Nigeria, CBN has lifted the limits placed on domiciliary accounts. In a ...

The Central Bank of Nigeria, CBN has lifted the limits placed on domiciliary accounts. In a statement by the CBN on Sunday, the new regulation allowed account holders to deposit freely, ...

June 19, 2023
| by Chuks Ofurum

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The new acting CBN Governor revealed

Posted by Chuks Ofurum
|Date: June 09, 2023
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The new acting CBN Governor revealed

Following the immediate suspension of the Central Bank of Nigeria Governor, CBN Godwin Emefiele, from off ...

Following the immediate suspension of the Central Bank of Nigeria Governor, CBN Godwin Emefiele, from office, his Deputy (Operations Directorate) Folashodun Adebisi Shonubi, has been announced to act ...

June 09, 2023
| by Chuks Ofurum

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