cbn

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 […]

A total of 50 staff of the Central Bank of Nigeria (CBN) were sacked on Monday, April 8 by the current management of the apex bank. This brings to 117 the total number of disengagements […]

The Central Bank of Nigeria (CBN) has continued with the disengagement of staff in furtherance of its ongoing restructuring as it sacked a fresh batch of 40 staff mostly from the development finance department (DFD). […]

Against claims by the Central Bank of Nigeria (CBN) that it has successfully settled all outstanding foreign exchange (FX) obligations, foreign airlines say the status quo remains the same. Kingsley Nwokeoma, President, Association of Foreign […]