The Central Bank of Nigeria has asked bank directors connected with non-performing insider loans to step downInsider loans ...
Nigeria's gross foreign currency reserves have depleted by $2bn since this year, BusinessDay check on the reserves movement ...
The Central Bank of Nigeria, CBN, has announced new guidelines for management of dormant accounts, unclaimed balances, and ...
Financial institutions are required to display key details such as the names of individuals authorized to operate the ...
“Directors with non-performing insider-related facilities are required to step down immediately from the board, while the ...
Nigeria’s total currency in circulation rose to N5.24 trillion in January 2025, marking a 43.4% year-on-year (YoY) increase from N3.65 ...
The CBN has recommended banks to ensure that their customers can access cash at their ATMs as the increase in transaction ...
The guidelines aim to enhance transparency and ensure unclaimed funds are properly accounted for. Keywords: CBN, dormant account, publish ...
The Central Bank of Nigeria (CBN) has issued a directive requiring all banks and other financial institutions to publish details ...
As the Central Bank of Nigeria continues to drive the vision of a cashless economy, Nigerians appear to be resorting to POS ...
The National Council on Micro, Small and Medium Enterprises (MSMEs), has constituted a committee to interface with the Central Bank ...
Nigeria is set to witness the launch of its first-ever licensed stablecoin cNGN. According to reports, the stablecoins will ...