CBN
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Business
CBN, SEC, NDIC team Set to verify banks’ new capital base
A high-level tripartite committee of the three major regulators of the financial services sector has been formed to scrutinise new…
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Business
CBN Orders Banks To Hand Over Funds In Dormant Accounts, Unclaimed Dividends
The Central Bank of Nigeria has ordered banks and financial institutions to transfer unclaimed dividends and dormant account balances into…
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Business
CBN revokes Heritage Bank’s licence
The Central Bank of Nigeria has revoked the banking licence of Heritage Bank Plc, effective immediately. This decision was made…
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Business
CBN Sack 200 more Staff
No fewer than 200 officials of the Central Bank of Nigeria were on Friday relieved of their duties. This…
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Business
CBN raises interest rate to 26.25%
The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has increased the monetary policy rate (MPR), which serves as the…
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Business
CBN withdraws Cybersecurity Levy circular
The Central Bank of Nigeria (CBN) has withdrawn its earlier circular directing commercial banks, mobile money operators, and other financial…
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National
Tinubu Orders Suspension Of Cybersecurity Levy
President Bola Tinubu has instructed the Central Bank of Nigeria to halt the controversial cybersecurity levy policy and conduct a…
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