The Federal High Court in Lagos State has ruled for the final forfeiture of significant assets belonging to former Central Bank of Nigeria (CBN) Governor Godwin Emefiele, directing that a cash sum of $2.045 million […]
Stephen Gana, a prosecution witness, who testified in the alleged vehicle procurement fraud trial of the embattled former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has told an Abuja High Court that […]
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, sacked 25 of the 29 directors he inherited, Daily Trust has learnt. The other four of them recently retired on attaining the statutory retirement age […]
Clement Oluranti Buari, Director, Strategy Management Dr Blaise Ijebor, Director, Risk Management Lydia Ifeanyichukwu Alfa, Director, Internal Audit Jimoh Musa Itopa, Director, Capacity Development Muhammad Abba, Director, Human Resources Rabiu Musa, Director, Finance Dr Mahmud […]
No fewer than 200 officials of the Central Bank of Nigeria were on Friday relieved of their duties. This is an addition to the long list of ongoing disengagements in the apex bank. This adds […]
The Federal High Court, Lagos has upheld a new Central Bank of Nigeria (CBN) regulation which requires financial institutions to demand and collect the social media handles of their customers, as part of the standard […]
The Central Bank of Nigeria (CBN) has issued a directive to banks to cease charging processing fees on cash deposits until September 30, 2024. The decision, communicated through a circular dated May 6, 2024, and signed by […]
The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to implement a 0.5 percent cybersecurity levy on electronic transfers. This is contained in a circular signed by Chibuzor Efobi, director of payments system […]
The Central Bank of Nigeria has barred some microfinance banks, including Moniepoint, Opay and Kuda, from opening new accounts and accepting new customers. The ban is over allegations that they were being used to funnel […]
The Economic and Financial Crimes Commission (EFCC) has presented its first prosecution witness (PW1), Monday Osazuwa, a Senior Supervisor with the Central Bank of Nigeria (CBN) in the trial of the embattled former Governor of […]
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