The Central Bank of Nigeria (CBN) has set a daily withdrawal limit on point-of-sale (PoS) terminals…
Category: cbn
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CBN Slams ₦150 Million Fine On Banks Supplying New Naira Notes To Hawkers
The Central Bank of Nigeria (CBN) has introduced a stringent penalty of ₦150 million on Deposit…
CBN Gives Fresh Update On Validity Of Old ₦1000, ₦500, ₦200 Notes
The Central Bank of Nigeria (CBN) has announced that all versions of the naira, including the…
Court Sets New Date To Rule On Ex-CBN Gov, Emefiele’s Alleged $4.5 Billion Fraud Case
The Lagos State Special Offences Court located in Ikeja has scheduled a ruling for January 7,…
EFCC Begs Court To Dismiss Ex-CBN Gov, Emefiele’s Application On Jurisdiction
The Economic and Financial Crimes Commission (EFCC) has requested that Justice Rahman Oshodi of the Lagos…
UK Partners With CBN, NFIU To Track Illicit Financial Flows – British High Commissioner
The United Kingdom has intensified its collaboration with Nigerian agencies, including the Central Bank of Nigeria…
Court Fixes New Date To Hear Emefiele’s Application Challenging Jurisdiction
The Lagos State Special Offences Court located in Ikeja has scheduled December 12 for the hearing…
Naira Scarcity: CBN Issues Warning To Commercial Banks
The Central Bank of Nigeria (CBN) has warned financial institutions of severe penalties if they fail…
‘How I Handed Over $400,000 To Ex-CBN Boss, Emefiele’
A witness for the Economic and Financial Crimes Commission (EFCC), John Adetola, on Thursday, revealed before…
Fraudulent Activities: Reps To Summon CBN, Banks Over Unregistered POS Operators
The House of Representatives has decided to summon the Governor of the Central Bank of Nigeria…