Tag: CBN

Senator Dino Melaye has said that he has written to the Central Bank of Nigeria (CBN) not to grant an alleged request by Kogi...

The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has dropped the monetary policy rate (MPR) for the first time in more than...

A former governor of the Central Bank of Nigeria (CBN), Paul Ogwuma, and his wife have acquired property worth £33 million (N15.6 billion), a UK investigative...

President of Dangote Group, Aliko Dangote, has said that refined petrol from his refinery will not be sold at the government’s regulated price. Dangote said this during...

A Federal High Court sitting in Abuja has ordered the interim forfeiture of N263 million recovered by the Economic and Financial Crimes Commission (EFCC) from one...

The Central Bank of Nigeria (CBN) has asked MTN Nigeria to pay $52.6million in settlement of the dispute over the certificates of capital importation...

Counsel for MTN Nigeria Communications Ltd Wole Olanipekun (SAN) on Tuesday told the Federal High Court in Lagos that its client was engaged in...

Nigerians have been left in utter shock following the withdrawal of the operating licence of Skye Bank Plc and subsequent replacement with Polaris Bank. The...

Gentlemen of the Press 1. You will recall that on 4th July 2016, we took a regulatory action on Skye bank Nigeria PLC. Specifically, this...

The Central Bank of Nigeria (CBN) has withdrawn the operating licence of Skye Bank. Chairman of the Nigeria Deposit Insurance Corporation (NDIC), Umar Ibrahim, made...