The Central Bank of Nigeria (CBN) has disclosed that at least 6,047 Bank Verification Numbers (BVNs) of bank customers have been placed under watch for fraudulent...
The Central Bank of Nigeria has increased the withdrawal limit to N500,000 and N5 million for both Individuals and Corporate Bodies respectively.
The Federal Government has suspended cash withdrawal from all public accounts with immediate effect. A statement authorised by the Director of the Nigerian Financial Intelligence Unit...
To protect Nigerians from the activities of currency counterfeiters, the Central Bank of Nigeria (CBN) on Tuesday released the security measures added to the new naira...
Following his failure to appear before the House of Representatives over the controversial withdrawal limit, Godwin Emefiele, the Central Bank Governor, has said he was not...
Data from the Nigeria Inter-Bank Settlement System (NIBSS) shows that total transactions made by Nigerians via mobile banking in November 2022 stood at N2.1 trillion while...
As scheduled, the new naira notes have gone into circulation today as commercial banks in major cities in Nigeria, particularly Lagos and Abuja have started dispensing...
Falana noted that the new policy is in contradiction to the constitution and other relevant economic laws of the country
All the major political parties vying for Nigeria’s presidential position have said the new withdrawal limits introduced by the Central Bank of Nigeria (CBN) would hurt...
The House of Representatives has asked the CBN Governor, Godwin Emefiele to appear before the House Committee on Banking and Finance. This is coming a few...