
The Central Bank of Nigeria (CBN), has directed banks and payment service providers (PSPs) to accept indemnity from customers for highly secured online funds transfer. Indemnity...

The Central Bank of Nigeria (CBN) has reviewed the operations of the Nigeria Inter-Bank Settlement System (NIBSS) and other electronic payment operations. Musa Jimoh, Director, Payments...

The Central Bank of Nigeria (CBN) says it has disbursed a total of N106.39bn to rice farmers under its Paddy Aggregation Scheme (PAS). Godwin Emefiele, CBN...
The Central Bank of Nigeria (CBN) has mandated other financial institutions (OFIs) to enroll in he credit risk management system (CRMS). CBN gave the directive in...

Banks’ credit to the government increased by 17.7 per cent, specifically N2.5 trillion, to N16.6 trillion as at April 2022 from N14.1 trillion as at January,...

Head of corporate communications at the Central Bank of Nigeria (CBN), Osita Nwanisiobi, dismissed rumours Godwin Emefiele, governor of the bank, was sacked by President Muhammadu...

BY EMEKA EJERE Those in the habit of engaging in money laundering through Other Financial Institutions (OFIS) such as Microfinance Banks (MfBs), Finance Companies, and Discount...

Agency report Nigeria’s external reserves dropped by $216.85 million within four days, buckling under the heightening inflationary pressure. This is according to the latest data from...
An official of the Central Bank of Nigeria (CBN), has urged traders to embrace the e-naira, noting that paper naira notes will soon be out of...