Central Bank of Nigeria
The Central Bank of Nigeria (CBN) has announced a new review of Automated Teller Machine (ATM) charges after the last transaction charges were reviewed in 2019 and reduced from N65 to N35. Making the information known in a circular signed by John Onojah, Acting Director of the Financial Policy and Regulation Department, the new […]
Another restriction has been slammed the Rivers State Government by a Federal High Court in Abuja that all financial monthly allocations from the Central Bank of Nigeria to the state should be put on hold. Delivering the judgment on Wednesday, Justice Joyce Abdulmalik said the 2024 budget Governor Siminalayi Fubara presented to Rivers House […]
At least 15 people have been reportedly kidnapped by gunmen in Mani village, Chikun LGA of Kaduna state. Sources said the gunmen invaded the community early Thursday morning, before swooping on “nursing mothers and young persons”. Mansir Hassan, spokesperson of the Kaduna police command, did not immediately respond to requests for comments on the development. […]
Following grievances from individuals, groups and cooperate organizations over the notice by the Central Bank of Nigeria, CBN, to deduct 0.5% from bank transactions, the House of Representatives have asked the apex bank to withdraw the circular. The bill which was sponsored by the house member representing Obio/Akpor Constituency, Kingsley Chinda said that the […]
Access Holding PLC has announced the appointment of Ms. Bolaji Agbede as acting group chief executive officer. The announcement was made on Monday in a corporate filing of the Nigerian Stock Exchange. The Board of Directors in a statement said the appointment s subject to the Central Bank of Nigeria’s approval. “Further to its […]
Following the amended 20 criminal charges brought by the Economic and Financial Crimes Commission on Thursday against suspended Central Bank of Nigeria governor, Godwin Emeifele, a new turn has been made today Friday. During the hearing at the court today Friday, Justice Hamza Mu’azu, read the 20 count charges to Emefiele but he pleaded not […]
The criminal charge brought before the Nigerian court against the former Central Bank of Nigeria Governor, Godwin Emeifele has been amended by the federal government. The federal government had earlier filed a six-count charge against Emeifele but has now been increased to 20 counts. The amended charge borders on criminal breach of trust, forgery, […]
The Central Bank of Nigeria (CBN) has announced the disbursement of $61.64 million to foreign airlines through various Deposit Money Banks (DMBs). Mrs Hakama Sidi-Alihis, the Acting Director of Cooperate Communications made this disclosure in Abuja on Sunday. This move aligns with the CBN’s commitment to clear all backlogs of pending matured foreign exchange […]
The Central Bank of Nigeria (CBN) has dismissed rumours making rounds that there is a government plan to take over Union Bank, Keystone Bank, and Titan Trust Bank – all under the regulatory purview of the CBN. To calm the air pressure, CBN through its Acting Director of Corporate Communications Mrs. Hakama Sidi-Alin, in […]
The Federal High Court in Maitama, Abuja has granted bail to Godwin Emeifele, the suspended Governor of the Central Bank of Nigeria with the sum of N300 million. Justice Hamza Muazu, delivered the judgement with the condition of the embattled Emefiele to provide two sureties, residing in the Federal Capital Territory, Abuja, and […]
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