CBN Launches eNaira App, Merchant Wallet
Central Bank of Nigeria has finally launched its Central Bank Digital Currency called eNaira on Monday. The eNaira was scheduled ...
Tag: CBN
Heritage Bank MD Risks Arrest, As Reps Mull Bank’s Take Over By CBN… Banks Debt Higher Than Share Capital
The House of Representatives, on Thursday, threatened that it will ask the Central Bank of Nigeria to take over the ...
FCMB In N48.5b Customer’s Account Manipulation Scandal
First City Monumental Bank (FCMB) has been named among banks that remove N48.5 billion from Customers’ Accounts as Charges for ...
CBN Digital Currency To Begin Before End Of 2021
The Director-Information Technology Department, Central Bank of Nigeria, Mrs Rakiyat Mohammed, has said that the banking regulator will launch a ...
FirstBank Crisis Worsens As CBN Sacks Oba Otudeko, Awosika
The Central Bank of Nigeria (CBN) has removed Ibukun Awosika, Oba Otudeko and other directors of First Bank of Nigeria ...
Dollar Sells For N445 As Forex Scarcity Persists
The dollar exchanged for N445 in the parallel market on Monday due to scarcity and shrinking liquidity in the forex ...
IMF May Approve Nigeria’s $3.4bn Loan Today
There are indications that the Executive Board of the International Monetary Fund may approve the $3.4bn loan sought by Nigeria ...
CBN Moves To Quell FX Speculation, Debits Banks N1.47trn
As part of effort to manage banking system liquidity and prevent speculation in foreign exchange (FX), the Central Bank of ...
TSA Transaction Hits 13.53trn, Says CBN
The Central Bank of Nigeria says the migration of the Federal Government Ministries, Departments and Agencies to the Treasury Single ...
MTN Faces More Questions Over $8.134 Billion Remittances
As the fines imposed on four banks by the Central Bank of Nigeria (CBN) and its directive to MTN Nigeria ...
