CBN

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,...

October 25, (THEWILL) - The Senate, on Wednesday, considered two bills seeking to bar the Governor of the Central Bank of Nigeria (CBN) and Deputy Governors of the apex bank from participating in politics while in service. The two bills,...

October 24, (THEWILL) - The House of Representatives has summoned Central Bank of Nigeria (CBN) Governor, Yemi Cardoso, to explain the decision to lift the forex ban on 43 items. Cardoso will appear before the House Committees on Regulatory Banking,...

October 19, (THEWILL) – In a move to abolish segmentation within the foreign exchange (FX) market and bring about greater consistency in terminology, the FMDQ Exchange has announced the change of Investors’ and Exporters’ (I&E) Window” to Nigerian...

October 15, (THEWILL) - Four months after the foreign exchange (FX) reform of June 14, 2023 that abolished the much-criticised multiple exchange segments and set the naira tumbling, the local currency depreciated to N764.86/$ on Friday, October 13 –...

October 12, (THEWILL) - The readmission of 43 items to the official foreign exchange (FX) market by the Central Bank of Nigeria (CBN) has generated mixed reactions among industry stakeholders and experts. The CBN on Thursday, October 12, 2023 ...

October 12, (THEWILL) - The Governor, Central Bank of Nigeria (CBN), Dr Olayemi Cardoso has said that the apex bank needs to return to its core functions of monetary policies and advisory roles to support economic growth. In a...