Tag: Central Bank of Nigeria

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…

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CBN Strengthens Regulatory Oversight to Safeguard Nigeria’s Financial System

The training held in collaboration with the CBN brought together compliance officers,…

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SERAP Challenges CBN’s ATM Fee Hike in Court

SERAP asserts that the CBN's decision violates not only the Nigerian Constitution…

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CBN Issues Stringent Measures to Curb Insider Loan Defaults

The CBN has mandated immediate compliance with its directives to uphold regulatory…

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SERAP Issues Ultimatum to CBN, Demand Immediate Reversal of ATM Transaction Fees Hike

    SERAP argued that the increased ATM fees would disproportionately affect…

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Nigeria’s Economy Expands for Second Consecutive Month, Reports CBN PMI

Industry sector growth increased from a stationary position in December 2024 to…

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CBN Reassures Depositors of Keystone Bank’s Stability

The bank explained that the Court Order merely reaffirmed the Central Bank…

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FG Takes Ownership of Keystone Bank

In 2017, Keystone Bank was acquired by Sigma Golf Nigeria Limited from…

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EFCC Arraigns Precious Uzondu for Alleged Refusal to Accept Naira as Legal Tender

According to the charges, Uzondu is accused of violating Section 20 of…

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JUST IN: CBN Implements Revised ATM Transaction Fees Starting March 2025

The last revision of ATM fees occurred in 2019 when the CBN…

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