CBN Intervenes with $197.71m Forex Sales to Counteract US Tariff Impacts
The US tariffs which took effect on Wednesday, affect numerous countries, including…
CBN Report Reveals Rise in Consumer Credit Outstanding
Consumer credit refers to short- and intermediate-term loans, without collateral, offered by…
Wema Bank Seeks Legal Action to Recover Customers’ Funds Lost Due to System Glitch
Wema Bank has filed a case with the Federal High Court in…
CBN Appoints 16 New Directors Following Rigorous Screening by PwC
The appointments, which cover key departments such as banking supervision, payment systems,…
Court Orders Final Forfeiture of $1.4 Million Linked to Former CBN Governor Emefiele
The EFCC exposed an alleged scheme in which former CBN Governor, Emefiele…
CBN Strengthens Regulatory Oversight to Safeguard Nigeria’s Financial System
The training held in collaboration with the CBN brought together compliance officers,…
SERAP Challenges CBN’s ATM Fee Hike in Court
SERAP asserts that the CBN's decision violates not only the Nigerian Constitution…
CBN Issues Stringent Measures to Curb Insider Loan Defaults
The CBN has mandated immediate compliance with its directives to uphold regulatory…
SERAP Issues Ultimatum to CBN, Demand Immediate Reversal of ATM Transaction Fees Hike
SERAP argued that the increased ATM fees would disproportionately affect…
Nigeria’s Economy Expands for Second Consecutive Month, Reports CBN PMI
Industry sector growth increased from a stationary position in December 2024 to…