Central Bank of Nigeria

The Central Bank of Nigeria (CBN) has rejected Governor Ademola Adeleke’s nomination of ex-Finance Commissioner, Wale Bolorunduro, as a Director of Osun State-owned bank, Living…
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President Bola Tinubu has written to the Senate, requesting confirmation of Prof. Melvin Ayogu’s appointment to the Central Bank of Nigeria (CBN) Board of Directors. The request…
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The Supreme Court has ordered the Central Bank of Nigeria (CBN) and the Accountant General of the Federation to shop further releasing financial allocations to Rivers state…
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The Federal High Court in Abuja has fixed November 3 this year for arraignment of a staff of the Central Bank of Nigeria (CBN), Mr. Odoh Eric Ocheme and two others who allegedly…
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Justice R.A. Oshodi of a Special Offences Court sitting in Ikeja, Lagos, has adjourned till February 26, 2025 to deliver ruling on an application by a former governor of the…
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Fitch Ratings has warned that failing to meet the Central Bank of Nigeria's (CBN) new paid-in capital requirements could result in mergers, acquisitions, or a downgrade of the…
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The Central Bank of Nigeria (CBN) has announced that next-of-kin, beneficiaries, or legal agents can now claim unclaimed funds from inactive accounts by submitting applications to…
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The Federal Government has accused the Central Bank of Nigeria, CBN, under the watch of Godwin Emefiele of misappropriating N2.73tn in interest payments from Ways and Means…
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The Central Bank of Nigeria (CBN) has introduced a daily transaction limit of N100,000 per customer for cash-out transactions conducted by Point of Sale (POS) agents. This…
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The Central Bank of Nigeria has told Deposit Money Banks that they risk a fine of N150 million if they sell new Naira notes to currency hawkers. The threat by the CBN was…
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