House of Representatives on Tuesday took significant steps to address cases of fraudulent deductions by commercial banks from customers’ accounts. This followed the passage...
The CBN has reported foreign investors’ transactions reached N696.88 billion in 2024, the highest since 2018. As the Central Bank of Nigeria (CBN) sustains...
International Monetary Fund (IMF) has reported that Nigeria’s local currency, the naira, is beginning to show signs of stability, largely due to recent interest...
Federal government has failed to intervene in the unstructured supplementary service data (USSD) debt crisis between the telecom operators and the financial banks in...
Regulatory agencies responsible for overseeing the activities of Deposit Money Banks in Nigeria have sanctioned 10 banks for violations of foreign exchange guidelines and...
Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), announced a notable increase in the country’s foreign reserves, which rose by 12.74%...
Department of State Service (DSS) has made shocking allegations against several staff members of the Central Bank of Nigeria (CBN), accusing them of aiding...