cbn

Heritage Bank
NDIC Lists Heritage Bank’s Head Office, 47 Other Properties for Sale Following License Revocation

The Nigeria Deposit Insurance Corporation (NDIC) has taken steps to liquidate the assets of the…

CBN Report: Nigeria’s Net Forex Declines by 2.97% in Q3 2024
What Happens To Your Money When Your Bank’s Licence Is Revoked?

The revocation of Heritage Bank’s licence by the Central Bank of Nigeria (CBN) has unnerved…

Godwin Emefiele
CBN allegedly sacks 16 directors as it implements Obazee Report

Only nine departmental directors are left at the CBN after 16 directors heading various units…

Heritage Bank
99% of Heritage Bank Depositors To Receive Full Payment As NDIC Begins Reimbursement This Week

Starting this week, the Nigeria Deposit Insurance Corporation (NDIC) will commence payment to Heritage Bank’s…

CBN Report: Nigeria’s Net Forex Declines by 2.97% in Q3 2024
Why The CBN Revoked Heritage Bank’s Licence

The Central Bank of Nigeria (CBN) on Monday, June 3, 2024, revoked the licence of…

CBN Report: Nigeria’s Net Forex Declines by 2.97% in Q3 2024
Banker, Cybersecurity Expert Faults CBN’s Cybersecurity Levy

Bankers from Nigeria’s leading banks have expressed concern over the new directive by the Central…

Cybersecurity Levy
What You Need To Know About ‘Cybersecurity Levy’ And How It’ll Impact You

The Central Bank of Nigeria, on Monday, May 6, 2024, ordered banks and other financial…

Naira Dollar Inflation
Nigeria’s Inflation Surges Towards 3-Decade High Despite Naira Strengthening Against Dollar

Amidst the recent gains by the Naira against the dollar, Nigeria’s inflation rate remains unabated…

Binance
Why Binance’s ‘Exit’ From Nigeria Will Not Help Naira Or Stop Us From Trading – Binance Users Tell Neusroom

On March 5, 2024, millions of Nigerians received an email with the title “Binance To…

Cybersecurity Levy
Why CBN Raised Interest Rate To 22.75 Percent

Yemi Cardoso, Governor of the Central Bank of Nigeria, has announced that the Monetary Policy…

Cybersecurity Levy
Is It Legal For Business Owners In Nigeria To Price Goods In Dollars?

There has been a concerted effort by Olayemi Cardoso’s led Central Bank of Nigeria (CBN)…

How President Tinubu, US, and UN Reacted to the Deadly Suicide Attacks in Borno That Killed 18
How Nigeria’s 27-Year High Inflation Is Driving Millions Of Nigerians Into Poverty

As Africa’s biggest economy continues to contend with the fallout of subsidy removal, amidst a…

Nigeria, China Can Exceed $13 Billion Trade Volume – Speaker Abbas
Why CBN wants your social media details and all you need to know about the new KYC policy

Nigeria, like many other countries, faces significant challenges in combating illicit activities such as money…

Bola Tinubu president
What’s floating of Naira and how does it affect Nigerians?

On Wednesday, June 14, 2023, after weeks of speculation, the Central Bank of Nigeria (CBN)…

Naira Redesign: Tinubu suspends Godwin Emefiele, Nigeria’s longest-serving CBN Governor
Godwin Emefiele: CBN’s longest serving governor arrested after suspension. Here’s all we know about his travails

On Friday, June 9, 2023, President Bola Tinubu suspended the Central Bank Governor, Godwin Emefiele,…

Fake News: We've not devalued the naira - By CBN
Fake News: We’ve not devalued the naira – By CBN

The attention of the Central Bank of Nigeria (CBN) has been drawn to a news…

Court Orders Final Forfeiture of N830m, $4.7m, Properties Linked to Emefiele
Why some Nigerians experienced difficulties using USSD code

Many Nigerians woke up on Saturday morning only to discover that they cannot access their…

Court Orders Final Forfeiture of N830m, $4.7m, Properties Linked to Emefiele
10 days after Supreme Court ruling, CBN restores old ₦200, ₦500, ₦1000 as legal tender

10 days after the supreme court of Nigeria nullified the Federal Government’s naira redesign policy,…