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Wema Bank has filed a case with the Federal High Court in Lagos, seeking a preservative order that would obligate around 26 financial institutions to return...
The appointments, which cover key departments such as banking supervision, payment systems, and consumer protection, reflect the CBN’s commitment to strengthening its operations across various regulatory,...
The EFCC exposed an alleged scheme in which former CBN Governor, Emefiele allegedly conspired with Donatone Limited directors Uzeobo Anthony and Adebanjo Olurotimi to disguise illicit...
The training held in collaboration with the CBN brought together compliance officers, trade operations specialists, and correspondent banking teams from various financial institutions to discuss critical...
SERAP asserts that the CBN’s decision violates not only the Nigerian Constitution and the CBN Act but also the Federal Competition and Consumer Protection Act and...
The CBN has mandated immediate compliance with its directives to uphold regulatory standards and improve corporate governance practices in the banking sector. Experts acknowledge that insider...
SERAP argued that the increased ATM fees would disproportionately affect low-income earners and exacerbate the financial hardship faced by many Nigerians. Details of this...
Industry sector growth increased from a stationary position in December 2024 to an expansionary level of 51.3 in January 2025, as reported by the CBN. New...
The bank explained that the Court Order merely reaffirmed the Central Bank of Nigeria’s prior decision to take over the management of Keystone Bank Limited in...
In 2017, Keystone Bank was acquired by Sigma Golf Nigeria Limited from the Asset Management Corporation of Nigeria (AMCON). The transaction faced scrutiny due to allegations...