The Central Bank of Nigeria (CBN) has directed all deposit money banks (DMBs) in the country to ensure they dispense cash to their customers while asking bank customers to report any erring bank.…
The House of Representatives has launched an investigation into the Central Bank of Nigeria’s (CBN) plan to retire over 1,000 staff members, with a payoff scheme of N50 billion. This decisio…
The Central Bank of Nigeria (CBN) has warned the general public to be cautious of fraudulent ‘Swift’ messages and unsubstantiated claims regarding foreign currency transfers allegedly withheld by N…
Tragedy struck at the CBN Quarters along Hadejia Road in Kano when a 60-year-old man, Sabi’u Yusha’u, lost his life after falling into an abandoned well. The Kano State Fire Service confirme…
The Nigeria Deposit Insurance Corporation (NDIC) says the sale of Heritage Bank assets will begin on December 4, 2024. In a statement on Sunday, Bashir Nuhu, NDIC’s director of communication…
A former House of Representative member, Lanre Laoshe, has repaid his N1,200 student loan, received between 1976 and 1979, with the sum of N3,189,217. This is contained in a statement made a…
Renowned elder statesman and philanthropist, Dr. Muhammad Bashir Lamido, has warned the federal government to desist from threatening Nigerians planning to participate in peaceful protests against …
The Central Bank of Nigeria (CBN) has again raised the Monetary Policy Rate (MPR), which measures interest rates by 50 basis points, from 26.25% to 26.75% amid soaring inflation and skyrocketing fo…
The Central Bank of Nigeria has warned against the continued rejection of old series and lower denominations of the United States of American dollars by its regulated entities in Nigeria. Th…
The judgement delivered by Justice Abdullahi Muhammad Liman of the Federal High Court on the Emirship Tussle in Kano, on Thursday, 20th June 2024, has raised more questions than provided a final so…
The Federal High Court sitting in Lagos has ordered celebrity bartender and business man, Pascal Okechukwu popularly known as Cubana Chief Priest to forfeit the sum of ₦10m to the Federal Governmen…
The Central Bank of Nigeria has revoked the banking licence of Heritage Bank Plc, effective immediately. This decision was made due to the bank’s failure to improve its financial performance…
