BDCs To Lose Licences for Failure to Render Returns
The Central Bank of Nigeria has warned Bureau De Change (BDC) operators to ensure regular and timely rendition of statutory returns to avoid sanctions which...
Category : Banking and Finance
WHICH PRAYER SHOULD GOD HEARKEN TO?
Our matter is very complicated. It will take a very determined government and DIVINE INTERVENTION to rescue the naira from the progressive slide.Why do I...
Nigeria’s Apex Bank Upgrades Continental Payment Systems Guidelines, Sets Quarterly Limits
The Central Bank of Nigeria has provided additional clarifications to the circular on the Pan African Payments and Settlements System (PAPSS) which was first issued...
FG, States, LGCs Share N907.054b for June 2023……… To Share N1 trn Later
The Federation Account Allocation Committee (FAAC), at its Meeting shared a total sum of N907.054 billion to the three tiers of government as Federation Allocation for...
CBN, CBE Set Up ‘Nigeria-Egypt FinTech Bridge’
The Central Bank of Nigeria (CBN) and the Central Bank of Egypt (CBE) have signed a memorandum of understanding (MOU) to establish a Nigeria-Egypt FinTech...
CBN, Gates Foundation to Collaborate On Financial Inclusion
The Central Bank of Nigeria (CBN) and the Bill and Melinda Gates Foundation (BMGF) have held strategic discussions in Abuja on how to deepen collaboration...
Emefiele Suspended From Office as CBN Governor
President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, CFR, from office with immediate effect. This is sequel to the ongoing...
Abdulmumin Confirmed as CBN’s Substantive Director of Communications
The Acting Director of Corporate Communications Department of the Central Bank of Nigeria, Dr. Isa Abdulmumin has been confirmed as the substantive Director in...
Why CBN Revoked Licenses of 132 MFBs, 4 PMIs, 3 Finance Coys
The Central Bank of Nigeria recently announced the revocation of the operating licences of some financial institutions in the country and many Nigerians have wondered...
CBN Unveils List of Accredited Cheque Printers, Personalizers
The Central Bank of Nigeria has announced a list of accredited cheque printers and personalisers which met the Nigeria Cheque Printers Accreditation Scheme (NICPAS) qualification...