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CBN, bankers’ committee stop banks from sacking staff

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The Central Bank of Nigeria (CBN) has directed banks not to sack any cadre of staff. The decision was taken after a special meeting of...

CBN suspends cheque clearing as 14-day lockdown begins

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The Central Bank of Nigeria (CBN) has suspended clearing of cheques until further notice following the lockdown in Lagos and FCT to contain the...

CBN disinfects head office, branches for coronavirus

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The Central Bank of Nigeria (CBN) has begun disinfecting its head office and 37 branches as the coronavirus continues to spread across the country....

FG abolishes N50 POS charge

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The Federal Competition and Consumer Protection Commission (FCCPC) has stopped the additional N50 charge imposed on transactions conducted through Point of Sales (POS) terminals. This...

EFCC arrests fake Emefiele

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The Economic and Financial Crimes Commission (EFCC) in Uyo has arrested a man impersonating governor of the Central Bank of Nigeria (CBN), Godwin Emefiele,...

Buhari removes Banire as AMCON chairman, appoints Edward Adamu

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President Muhammadu Buhari has nominated the Deputy Governor of Central Bank of Nigeria (CBN), Edward Adamu, as chairman of the Asset Management Corporation of Nigeria (AMCON). Adamu’s...

Border closure, best thing FG has done to farmers – farmers,...

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Farmers in Kano and Kebbi states have commended border closure, saying it is the best thing ever done by the Federal Government to farmers...

Reps direct CBN to suspend cashless policy

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The House of Representatives on Thursday directed the Central Bank of Nigeria (CBN) to suspend the cashless policy announced on Tuesday. Lawmakers in the lower legislative chamber...

CBN raises alarm over fraudulent loan offers on social media

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The Central Bank of Nigeria (CBN) has warned Nigerians against fraudulent messages on social media requesting loan seekers and owners of small-scale businesses to...

CBN injects $280.04m, CNY 28.3m to boost retail forex market

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The Central Bank of Nigeria (CBN) has injected $280.04 million into the forex market to boost the Retail Secondary Market Intervention Sales (SMIS). The apex bank also...