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A sum of N800m fine has been imposed on three Nigerian Banks by Central bank of Nigeria (CBN) for violating the regulations barring customers from transacting...
The Central Bank of Nigeria (CBN) has warned Nigerians to beware of illegal financial operators promising unrealistic and outrageous returns on investment. The public is to...
The Nigerian external reserves has witnessed the lowest point in three months according to a document released by Central Bank of Nigeria (CBN). According to data,...
The Central Bank of Nigeria (CBN) is contemplating a series of options to push the adoption of the eNaira, including the possibility of making it a...
The Central Bank of Nigeria’s attention has been drawn to criminal and unlawful acts by some persons, parading as official CBN representatives on Twitter. This was...
The Nigeria Deposit Insurance Corporation says it has liquidated at least 500 deposit money, microfinance, and primary mortgage banks whose licences were revoked by the Central...
The prevalence of economy crisis and struggle in doing business which has significantly impacted the standard of living is now a cross-border reality. As an intervention,...
The naira has been facing consistent downslope for quite some time. On Thursday, it slides again to N575 despite assurances by the Central Bank of Nigeria...
The naira (N) prolonged its losses against the dollar at the parallel market on Thursday, closing at N530/$1 compared with N528 per dollar on Wednesday. This...
The Senate of Nigeria has accused Government Owned Enterprises of remitting below the appropriate funds into the federation account. On Wednesday, the Chairman of the Senate...
