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Fidelity Bank Plc. dismisses rumors of its license revocation by the CBN, assuring strong financial stability and announcing a N127.1 billion capital raise through a public...
Eko Hot Blog reports that some recently disengaged employees of the Central Bank of Nigeria (CBN) are reeling from the shock of their sudden dismissal, alleging...
CBN denies reports of license revocation for Unity Bank, Keystone Bank, and Polaris Bank. The apex bank dismisses the claims as fake news. Public urged to...
Eko Hot Blog reports that the International Air Transport Association has confirmed that the Central Bank of Nigeria has released $831 million in trapped funds for...
CBN Withdraws Cybersecurity Levy Circular. The withdrawal was announced in a statement by CBN officials Haruna Mustafa and Chibuzo Efobi. The original circular issued on May...
It is self-evident that whatever the Governor of the Central Bank is doing (or not doing), the backing (and banking!!) of the President is critical. On...
CBN Governor Olayemi Cardoso suggests maintaining high interest rates to tackle inflation. Nigeria’s inflation rate stands at 33.2%, with food inflation even higher at 40%. Cardoso...
EFCC Pursues Naira Redesigning Charges Against Emefiele. Charges by the EFCC allege illegal activities, including unauthorized currency printing and misappropriation of funds. This marks the third...
Sen. Ndume Urges Careful Review Of Cybersecurity Laws After Levy Suspensions President Tinubu suspends levy after public outcry. Ndume calls for careful review of cybercrime laws....
Individuals and bank customers exempted from proposed levy Financial institutions, telcos identified as primary targets Aims to enhance cybersecurity measures, national security Eko Hot Blog reports...