CBN

If You Reject N100 Notes, You Will Face Sanction, CBN Warns

The Central Bank of Nigeria (CBN) has reaffirmed that all N100 banknotes issued by the apex bank remain legal tender,…

2 weeks ago

Tinubu’s Special Investigator, Jim Obazee, Demands Buhari, Boss Mustapha’s Trial In Alleged $6..2m Loot In CBN

The Special Investigator appointed by President Bola Tinubu that probed the Central Bank of Nigeria CBN under Godwin Emefiele, Mr…

2 weeks ago

CBN Revokes Licenses Of 46 Microfinance Banks [Full Names]

The Central Bank of Nigeria, CBN, has revoked the operating licences of 46 microfinance banks across the country for failing…

3 weeks ago

Law Firm Drags GTBank To CBN Over Alleged ₦9.98m Fraudulent Withdrawal From Client Account

A Lagos-based law firm, Sholanke and Sholanke, has petitioned the Central Bank of Nigeria (CBN), urging it to direct Guaranty…

4 months ago

CBN Affirms Alpha Morgan Bank’s Capitalisation

The Central Bank of Nigeria (CBN) has affirmed the capitalization of Alpha Morgan Bank, marking an important milestone in the…

4 months ago

CBN Governor Sacks Adesoji Ogungbesa, Mustapha Oladeji Jimoh From MINT’s Board Over Criminal Infractions; May Hand Them Over To Anti-Corruption Agencies

The Governor of Central Bank of Nigeria, Mr Olayemi Cardoso has sacked Mr Adesoji Ogungbesa and Mr Mustapha Oladeji Mohammed-Jimoh…

5 months ago

CBN Removes Limit On Cash Deposit, Raises Weekly Withdrawal Limit

The Central Bank of Nigeria, CBN, yesterday removed the limit on cash deposit and raised the weekly cash withdrawal limits…

8 months ago

CBN, OAGF, Deny Release Of Withheld Osun LG Funds To APC Chairmen, Councillors

The Central Bank of Nigeria (CBN) ànd the office of the Accountant General of the Federation OAGF on Monday at…

10 months ago

Recapitalisation: Fresh Mergers Loom For Tier-2 Banks As Deadline Nears – Report

Pressure on Nigeria’s Tier-2 banks is intensifying as the Central Bank of Nigeria’s (CBN) March 2026 recapitalisation deadline approaches. New…

11 months ago

Wema Bank, FCMB, Stanbic IBTC, Sterling Under Pressure As CBN’s 2026 Recapitalisation Deadline Nears

A new report by SB Morgen (SBM) Intelligence has revealed that two of Nigeria’s tier-2 banks are under mounting pressure…

11 months ago

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