Wife of former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has been declared wanted by the Economic and Financial Crimes Commission. Emefiele’s wife...
Central Bank of Nigeria (CBN) has announced that it has stopped granting loans to the federal government. Speaking at an interactive session with the...
Nigerian banks have started the implementation of CBN’s new requirements for international money transfer operation Based on the new rule, commercial banks are now...
Central Bank of Nigeria (CBN) has ordered the regulated entities to engage and give customers notices of outstanding obligations prior to the commencement of...
Nigerians’ spending on foreign education, healthcare and personal travels gulped over $98bn in 10 years, according to the Central Bank of Nigeria data. The...
Central Bank of Nigeria (CBN) uncovered invalid foreign overdue claims totalling $2.4 billion, which have pressured the naira for long and spooked the currency...
Federal Government is considering a policy that will result in the conversion of foreign currencies in domiciliary accounts of citizens to naira to stabilise...
Central Bank of Nigeria (CBN) has prohibited banks and financial technology companies (fintechs) from offering international money transfer services. This development is outlined in...