EFCC to Arraign Emefiele Over Unlawful Withdrawal of N124.8 Billion from Consolidated Revenue Fund
The Economic and Financial Crimes Commission (EFCC) will arraign a former Central Bank of Nigeria (CBN) governor Godwin Emefiele tomorrow ...
Tag: Central Bank of Nigeria (CBN)
CBN Plans to Transfer N5.5 Trillion Development Finance Activities to Private Banks, DFIs
The Central Bank of Nigeria (CBN) plans a major restructuring in its operations, aiming to transfer about N5.5 trillion in ...
House of Reps Calls for Withdrawal of CBN Circular on Cybersecurity Levy
The house of representatives has asked the Central Bank of Nigeria (CBN) to withdraw a circular directing financial institutions to ...
Banks’ Loans to Private Sector Declines by 11.93% in March
The loan granted by commercial banks to the private sector declined by 11.93 percent in March 2024, following the liquidity ...
CBN Releases Comprehensive List of Licenced Deposit Money Banks in Nigeria
The Central Bank of Nigeria has released a comprehensive list of licenced Deposit Money Banks operating within the country. The ...
CBN Directs Banks to Suspend Charges on Cash Deposits until September 30
The Central Bank of Nigeria has directed banks to stop charges on cash deposits until September 30, 2024. The apex ...
CAC Registration: FG Issues Two-Month Deadline to PoS Operators to Comply with Legal Requirements
The Federal Government through the Corporate Affairs Commission has issued a two-month registration deadline to Point of Sales companies, to ...
CBN Directs Banks to Charge 0.5% Cybersecurity Levy on Transactions
The Central Bank of Nigeria has ordered banks operating in the country to start charging a cybersecurity levy on transactions. ...
Interest Rate Hikes by CBN Cause 193.3% Increase in Borrowing Costs for Manufacturers
The combined borrowing costs of nine manufacturers in Nigeria rose by 193.3 percent within a year as a result of ...
Customs FX Rate for Import Duties Soars to N1,441.53/$
The exchange rate for customs duty collection has increased to N1,441.53 to the USD in the past two days from ...
