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Fake ”CBN governor” bags three years for N4.5m fraud

Justice Agatha Anulika Okeke of a Federal High Court, Uyo, Akwa Ibom State, has convicted and sentenced Nwalozie Onyebuchi Julius, who used the identity...

Fake ”CBN governor” bags three years for N4.5m fraud

Justice Agatha Anulika Okeke of a Federal High Court, Uyo, Akwa Ibom State, has convicted and sentenced Nwalozie Onyebuchi Julius, who used the identity...

CBN hikes Banks’ Cash Reserves Ratio to 27.5 percent

The Cash Reserve Ratio is the share of a bank’s total deposit that is mandated by the CBN to be maintained with the latter...

CBN pledges support for cotton farmers in Ekiti

The Central Bank of Nigeria, (CBN) has assured members of National Cotton Association of Nigeria (NACOTAN) Ekiti chapter of its financial assistance to enable...

President Buhari nominates Dr. Kingsley Obiorah as CBN deputy Governor

President Muhammadu Buhari has sent the name of Dr Kingsley Isitua Obiora to the Senate for confirmation as Deputy Governor of the Central Bank...

WOW!!! Tecno Phone You Bought At N80,000 Will Soon Be N12,000...

Central Bank Of Nigeria have finally signed the currency swap deal with China. Many Nigerians may not know the meaning of Nigeria dollars, yuan swap...

Ecobank adopts CBN’s reduced bank charges

Ecobank Nigeria has complied with the Central Bank of Nigeria’s recent directive on the reduction of bank charges. The bank commended the CBN for taking...

CBN releases guidlines on Nigerian payment system risk, information security management...

The CBN released the guidelines on its website on Monday and said one of the objectives of the framework was to identify and address...

Customers react as banks flout CBN’s guideline on charges

Some bank customers have aired that displeasure at their banks for not complying with the new guidelines for charges on Automated Teller Machine (ATM),...

Nigerian govt reacts as CBN slashes ATM, transfer charges

Minister of Communications and Digital Economy, Dr Isa Ali Pantami, has hailed the decision of the Central Bank of Nigeria (CBN), to reduce the...

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