CBN

The Association of Local Governments of Nigeria (ALGON), Osun State chapter, has accused the Central Bank of Nigeria (CBN) of colluding with the All Progressives Congress (APC) to illegally open and operate local government accounts with…
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The federal government has launched the Central Bank Digital Currency called eNaira. The platform was unveiled on Monday by President Muhammadu Buhari in the presence of the Vice President, Yemi Osinbajo and Governor of the Central Bank,…
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Some financial experts however disagreed with the decision of the Central Bank of Nigeria to prosecute the owner of AbokiFX, describing it as a waste of efforts and a deviation from the major problems of the foreign exchange market.…
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The Central Bank of Nigeria has asked Justice Ahmed Mohammed of a Federal High Court in Abuja not to unfreeze the accounts of #EndSARS campaigners because they are still under probe for terrorism financing. The CBN said this in a…
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The House of Representatives, on Thursday, urged the Central Bank of Nigeria (CBN) to suspend the new charges on deposits, exceeding N500,000 in the case of individual accounts, and 3million naira in the case of corporate account, until…
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The new policy stipulates Stamp Duties Payment on individual transactions that occur on PoS, rather than previous plans where charges occurred on aggregate transactions.
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For corporate accounts, the apex bank in the circular said that DMBs would charge five per cent processing fees for withdrawals and three processing fee for lodgments of amounts above N3,000,000.
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From some of my concluding remarks, you may have observed whether you like it or not, there is global uncertainty that will unfortunately most certainly, lead to another crisis
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Obviously shocked at this point, the prosecutor, Mr Rotimi Jacobs, SAN, told the court that he will be asking for adjournment as the witness seems to be a hostile witness.
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In a letter addressed to the CBN deputy governor, Lawrence Ijebor, Bankers Warehouse head of operations, said the EFCC insisted on detaining their employees despite the means of identification provided.
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