CBN

BEVERLY HILLS, March 22, (THEWILL) – The Chief of Army Staff (CoAS), Lieutenant General Ibrahim Attahiru, and the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, have been summoned to appear before an ad-hoc committee of the House...

BEVERLY HILLS, March 16, (THEWILL) – The Central Bank of Nigeria (CBN) has fixed new charges for customers using the Unstructured Supplementary Service Data services (USSD). The apex bank said, taking effect from Tuesday, customers would pay a flat fee...

BEVERLY HILLS, March 15, (THEWILL) - The deadline for Expression Of Interests (EOIs) for receipt of final proposals in response to the detailed Request for Proposal (RfP) from qualified asset managers active in the infrastructure sector to manage the Infrastructure...

BEVERLY HILLS, March 11, (THEWILL) - Fidelity Bank has restated support for the Central Bank of Nigeria's (CBN) efforts to engender sustainable economic development by improving Diaspora remittances and foreign exchange (FX) inflows into the country. The Bank's CEO, Nneka...

BEVERLY HILLS, March 06, (THEWILL) - The Central Bank of Nigeria (CBN) has disclosed that it has disbursed about ₦300 billion to 76 manufacturing companies from the ₦1 trillion facilities set up in April last year, in a bid to...

BEVERLY HILLS, February 18, (THEWILL) - The Central Bank of Nigeria (CBN) has directed commercial banks to open new dollar accounts with offshore lenders for receiving international money transfers. The directive, according to a statement by WorldRemit (an International Money Transfer...

BEVERLY HILLS, February 18, (THEWILL) - The International Monetary Fund (IMF) has confirmed that some cryptocurrencies were being used for money laundering and drug trafficking. Taking a similar stance on cryptocurrency as the Central Bank of Nigeria (CBN), the IMF cautioned...

BEVERLY HILLS, February 14, (THEWILL) - The Nigerian government says it will convert the N10 trillion loans it owes the Central Bank of Nigeria (CBN) into a 30-year bond. The ‘indebtedness’ to the CBN was largely by Ways and Means advances...

BEVERLY HILLS, February 08, (THEWILL) - A joint operation of the Lagos and Edo commands of the Nigerian police has apprehended the mastermind behind a syndicate group impersonating the Central Bank of Nigeria (CBN) to defraud unwary members of...

BEVERLY HILLS, February 07, (THEWILL) - The Central Bank of Nigeria, CBN has reacted to the comments, doubts and criticisms that trailed its recent regulatory directive to Deposit Money Banks, DMBS, to desists from transacting in and with entities...