CBN

December 07, (THEWILL) – The governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has approved the reviewed service charter of the apex bank to enhance customer experience. The service charter is a requirement of the Business Facilitation...

December 07, (THEWILL) - The Nigeria Inter-Bank Settlement System (NIBSS), has directed banks to disconnect all non-deposit financial institutions from its transfer list. The NIBSS disclosed this in a circular dated December 5, 2023, with Ref: NIBSS/BD/NI/PO/005/051223 to banks. According to...

December 06, (THEWILL) - The House of Representatives Committee on Public Petition has issued a warrant of arrest on the Central Bank Governor (CBN), Olayemi Cardoso; the Accountant General of the Federation, Mrs Oluwatoyin Madein and 17 others, for...

December 01, (THEWILL) - The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) and other financial institutions operating in the country, to place a "Post no Debit” on all bank accounts without Bank Verification Number (BVN)...

November 26, (THEWILL) - The total assets of 10 Nigerian deposit money banks were collectively eroded by $24.73 billion (N18.7 trillion) as of September 30, 2023, following the devaluation of the Naira, computations by THEWILL have shown. The financial services...

November 25, (THEWILL) - The Central Bank of Nigeria (CBN) has advised the deposit money banks to be prepared to boost their capital base in order to meet the need of the envisioned $1 trillion economy of the...

Begins Amendment of Cybercrime Act, 2015 Says National Cybersecurity not effectively funded November 22, (THEWILL) - The Senate Wednesday expressed concerns about annual loss of $500 million to various forms of cybercrime across the federation, warning that if the...

November 08, (THEWILL) - The High Court of the Federal Capital Territory (FCT) sitting in Maitama has granted bail to Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN). Justice O. A. Adeniyi had on Thursday, November 2,...

November 03, (THEWILL) - The Central Bank of Nigeria (CBN) has assured the public of the availability of sufficient stock of currency notes for economic activities in the country. CBN Director, Corporate Communications, Isa AbdulMumin, made this known in...

October 30, (THEWILL) - Consolidating on its recently released second-quarter performance, Africa’s Global Bank, United Bank for Africa (UBA) Plc, has again announced a splendid performance in its unaudited financial results for the third quarter ended September 30, 2023,...