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CBNs Recapitalisation: Sharholders back Fidelity Bank’s Plan

  -Investors delighted with bank’s impressive performance Shareholders have expressed readiness to massively support and mobilise for the ongoing recapitalisation...

Emefiele: Lagos Court orders interim forfeiture of $4.7m, N830m, properties

..Full List of affected properties Caption:Godwin Emefiele,Ex CBN Governor in court The ordeal of former Central Bank Governor continues. An indication to this effect...

CBN kicks out 200 staff members

  About 200 officials of the Central Bank of Nigeria,CBN were on Friday sacked from the apex Bank. This development sources confirned is in furtherance of ongoing...

Binance executive, Gambaryan, collapses in court

  Caption: •Detained Binance executive, Tigran Gambaryan appearing in court There was a mild drama at a Federal High Court in Abuja on Thursday, as detained...

Reapply for new license, CBN orders existing BDCs

Caption: Yemi Cardoso,CBN  Governor The Central Bank of Nigeria (CBN) has issued regulatory guidelines for bureau de change operations after consultation with...

Nigeria’s currency crisis: CBN blames seasonal demands, vows action

  The Central Bank of Nigeria (CBN) has attributed the recent volatility in the foreign exchange market to “seasonal demands,” a statement that may raise...

Forex Market: Naira gains N28 against American dollar

    The Naira on Monday gained N28.34 at the official market, trading at N1,468.99 to the dollar. Data from the official trading platform of the FMDQ Exchange...

Banks fined N678m by CBN ,SEC for flouting regulations

  For flouting regulations, nine financial institutions paid N678m fines in 2023, according to The PUNCH analysis of their annual reports. Last year, the financial...

Cyber Security Levy:CBN withdraws circular

    Caption:CBN Governor Dr. Olayemi Cardoso   The Central Bank of Nigeria (CBN) has withdrawn the circular directing banks and other financial...

CBN grants AIP to 14 new money transfer operators

Photo Caption:CBN Governor,Yemi Cardoso In it’s bid to increase global inflow of funds,the Central Bank of Nigeria (CBN) is making a big move to raise the stake in...