Central Bank of Nigeria has limited bureau de change operators’ single foreign exchange cash sales to $5,000. According to the apex bank, the policy,...
Central Bank of Nigeria (CBN) has expressed concerns over the country’s foreign exchange reserves, citing potential risks stemming from the removal of the petrol...
Central Bank of Nigeria (CBN) has issued a new directive mandating that all Point-of-Sale (PoS) transactions at merchant and agent locations, whether physical or...
Central Bank of Nigeria (CBN) has terminated the appointments of all executive directors at the Nigeria Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL)....
Economic and Financial Crimes Commission has denied reports that some of its officers shared the funds forfeited by associates of the former governor of...
Securities Exchange Commission (SEC) of Nigeria has announced plans to license providers of virtual assets, including cryptocurrencies, as part of efforts to tap into...
In a significant move to uphold local government autonomy, the Federal Government has inaugurated a 10-member committee tasked with enforcing the recent Supreme Court...
Despite the challenging environment following the Central Bank of Nigeria’s intervention in January 2024, which led to heightened customer concerns, Union Bank of Nigeria...