Central Bank of Nigeria

May 10, (THEWILL) - The Central Bank of Nigeria (CBN) has dismissed reports that the Bank Verification Number (BVN) issued by the Bank in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS) expires after a ten-year period. According...

For an appreciable period during the currency swap from February to April, there was a drastic reduction in crime across the country. Pickpockets went on recess. Burglars didn’t dare break into houses because there was nothing to steal. Bandits...

Access Holdings, yesterday, said its subsidiary, Access Bank Plc, has received regulatory approval from the Central Bank of Angola for the acquisition of a majority equity stake in Finibanco, an Angolan Bank. This was disclosed by the Company Secretary, Sunday...

May 05, (THEWILL) - Like the upper legislative chamber, the Senate, the House of Representatives on Thursday approved the request by President Muhammadu Buhari to restructure the N22.71 trillion Ways and Means advances the Central Bank of Nigeria (CBN)...

May 02, (THEWILL) - Enrolment in the Bank Verification Number (BVN) system rose to 57.43 million as of March 31, 2023. The scheme has also contributed in fighting fraud and crime in the financial services industry. This disclosure was made...

April 30, (THEWILL) - The Central Bank of Nigeria (CBN) has debunked reports that it is planning the withdrawal of the recently redesigned N1000, N500 and N200 banknotes from circulation CBN’s Acting Director, Corporate Communications Department, Isa AbdulMumin, made this...

April 27, (THEWILL) - The Attorney General of the Federation and Minister of Justice, Abubakar Malami (SAN), has told the House of Representatives Ad-hoc Committee investigating the alleged loss of over $2.4 billion in unremitted oil revenue that disclosing...

It is a given that the incoming Federal Government of Nigeria will have to decisively tackle the macroeconomic challenges of a fraudulent and wasteful petrol subsidy regime; our debt, revenue and resource allocation crisis; and a broken foreign exchange...

The Chief Executive Officer, Nigerian Exchange Limited (NGX), Mr Temi Popoola has said that the market would see a renewal in Exchange Traded Fund listings as four new ETFs were in the pipeline. This was echoed by Popoola at the...

Stanbic IBTC Holdings Plc paid a total of N159 million as punishment against its subsidiaries for breaching various regulatory guidelines in the 2022 financial year. The penalties were imposed by the Central Bank of Nigeria (CBN), National Pension Commission...