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An Abuja High court has ordered the Department of State Services (DSS) and its Director General to grant immediate access to lawyers and family members of Godwin Emefiele, the suspended...
Read moreDetailsThe Department of State Services (DSS) has denied having the recently suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele in their custody. The nation’s secret police made...
Read moreDetailsThe Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has approved the revocation of licences issued to 132 microfinance banks operating in Nigeria. Emefele approved the revocation on...
Read moreDetailsThe Central Bank of Nigeria (CBN) has given new guidelines to commercial banks on how to operate dormant accounts that have received no deposit or withdrawal for over one year....
Read moreDetailsThe Central Bank of Nigeria (CBN) has fixed a two-day Monetary Policy Committee (MPC) meeting for March 20 and 21, to review the Supreme Court ruling on the use of...
Read moreDetailsFormer governor of Central Bank of Nigeria (CBN), Lamido Sanusi, has claimed that governors are not happy with the new naira policy because they will not be able to buy...
Read moreDetailsThe Central Bank of Nigeria (CBN) has released guidelines to deposit old versions of the redesigned naira notes at its branches nationwide. The CBN announced recently that the exercise would be...
Read moreDetailsThe International Monetary Fund (IMF) has urged the Federal Government of Nigeria to extend the February 10 deadline earlier fixed for the validity of the redesigned N200, N500 and N1000...
Read moreDetailsThe Central Bank of Nigeria (CBN) is set to impose a fine of N1 million daily on any commercial bank that do not pick up the new Naira notes for...
Read moreDetailsThe Central Bank of Nigeria (CBN) has commenced the deployment of the National Domestic Card Scheme. The card is designed in partnership with the Nigeria Inter-Bank Settlement System (NIBBS) and...
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