The ongoing linkages of banks’ customers’ National Identification Numbers (NINs) to their Bank Verification Numbers (BVNs), may affect 85.51 million customers’ ability to make withdraws from their accounts by March 1, 2024.
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The Central Bank of Nigeria (CBN) has revoked the licenses of 4,173 Bureau De Change (BDC) operators.
A cryptocurrency platform, Binance Nigeria allowed the passage of $26 billion in illicit flows in 2023, the Central Bank of Nigeria (CBN) governor, Yemi Cardoso has disclosed.
A Financial Expert, Prof. Uche Uwaleke, says it is an “overkill’’ to increase the country’s Monetary Policy Rate (MPR) to…
The stock market witnessed a second consecutive day of decline on Tuesday, dropping by 1.38% in response to the outcome…
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Tuesday increased the Monetary Policy Rate (MPR)…
The Central Bank of Nigeria (CBN) has mandated foreign exchange sellers to Bureau De Change (BDC) of the equivalent of 10,000 dollars and above to declare their forex sources.
The Nigerian Upstream Petroleum Regulatory Commission has put plans in motion to relocate some of its units to Lagos, a document sighted by ChannelsTV reveals.
The Nigerian government has placed three citizens on the watchlist of Interpol for allegedly conspiring with the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, who allegedly forged former President Muhammadu Buhari’s signature to steal $6.2 million from the apex bank.
Complying with the directives, Ecobank Nigeria, in a notice, said several IMTOs including Western Union, MoneyGram, Rapidtransfer, Ria, and other IMTOs approved by the Central Bank of Nigeria have been affected.