CBN

UPDATED: CBN Engages Big Four Audit Firms To Conduct Forensic Review Of Stamp Duty Collections Over Allegations of Fraud

January 06, (THEWILL) - Amid reports of alleged fraud in stamp duty collections, the Central Bank of Nigeria (CBN) has engaged four audit firms to conduct a forensic review of the collections from 2015 to date Stamp duty is the...

Nigeria’s Total Debt Stock To Hit N77trn On CBN Overdraft, New Loans

January 05, (THEWILL) – The Debt Management Office (DMO) has estimated that public debt stock could rise to N77 trillion at the end of President Muhammadu Buhari’s administration. Director-General, Debt Management Office (DMO), Patience Oniha, confirmed the figures on Wednesday,...

Due Process Followed In Sales Of Polaris Bank – CBN

January 04, (THEWILL) - The Central Bank of Nigeria (CBN) has said the sale of Polaris Bank as well as the Federal Government's interest in the bank, followed due process and was executed under relevant laws. Reacting to claims in...

Senate Rejects Buhari’s Request To Restructure N22.7trn CBN Loans

December 29, (THEWILL) - The Senate on Wednesday, stepped down the request of President Muhammadu Buhari to restructure the payment of N22. 7 trillion “Ways and Means”, secured from the Central Bank of Nigeria (CBN) by the Federal Government. “Ways and...

Emefiele And The Gang

Godwin Ifeanyichukwu Emefiele has battled many controversies since his appointment as Governor of the Central Bank of Nigeria (CBN) in 2014 just like his predecessor, Sanusi Lamido Sanusi did during his own tenure. No doubt with the power and...

CBN Defends Naira Redesign, Cash Withdrawal Limit, Says Policy Will Check Kidnapping, Inflation, Money Laundering, Others

December 22, (THEWILL) – The Central Bank of Nigeria (CBN) has said the redesigned naira notes along with the cash withdrawal limit will help tackle kidnapping, money laundering, fight inflation and reduce the cost of minting new notes as...

BREAKING: CBN Reviews Cash Withdrawal Limits

December 21, (THEWILL) – The Central Bank of Nigeria (CBN) has announced an adjustment to its policy limiting cash withdrawal by individuals and organisations. The apex bank in a circular to all Deposit Money Banks (DMBS) and Other Financial Institutions...

Bullion Van Politicians Are After CBN – Atiku/Okowa Campaign

December 20, (THEWILL) - The Atiku/Okowa Presidential Campaign Organisation has alleged that the attempt to get court authorisation to arrest the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, was orchestrated by those it regards as bullion van...

2023: NFIU, Police, EFCC, ICPC Move To Stop Vote Buying, Commend CBN Cashless Policy

December 19, (THEWILL) - Towards ensuring a credible election in 2023, Nigeria's anti-graft and security agencies have unveiled plans to stamp out vote buying and other vices that may threaten the credibility of the polls. This was made known on...

Fresh Worries About Ethics In Nigerian Banking System

A letter from the Director of Banking Supervision (DBS), Central Bank of Nigeria (CBN), to banks and other financial institutions has once again brought the crucial issue of ethics and professionalism in the financial services industry to the front...
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Latest News

Dolly Parton Died After Brief Battle With Cancer – Representatives Confirm

In a statement to PEOPLE, Parton’s representatives said the singer died on August 25 at the Vanderbilt-Ingram Cancer Center in Nashville, Tennessee, surrounded by loved ones. They did not disclose the type of cancer she had been battling.
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