Central Bank of Nigeria (CBN) has denied a circular claiming that the financial regulator has introduced N5,000 and N10,000 notes. The circular, purportedly from the CBN,...
A Federal High Court in Lagos has ordered the final forfeiture of $4.7 million, N830million, and multiple properties linked to Godwin Emefiele, former governor of the...
The Central Bank of Nigeria (CBN) has sanctioned nine Deposit Money Banks with fines totalling N1.35bn for failing to ensure cash availability via Automated Teller Machines...
Central Bank of Nigeria (CBN) has set a daily withdrawal limit on point-of-sale (PoS) terminals to N100,000 per customer. This was revealed in a circular to...
Association of Senior Staff of Banks, Insurance, and Financial Institutions, (ASSBIFI), has blamed the Central Bank of Nigeria’s (CBN) inability to meet the cash demands of...
The House of Representatives, has asked the Central Bank of Nigeria (CBN) to urgently address the lingering scarcity of naira notes, calling for an investigation into...
Paradigm Initiative (PIN) has sued the National Identity Management Commission (NIMC) along with the Central Bank of Nigeria (CBN), the Federal Inland Revenue Service (FIRS), and...
The return of cash scarcity in Nigeria has left many residents struggling to meet their financial needs as banks across the country ration withdrawals and Automated...
The Central Bank of Nigeria (CBN) has released phone numbers and email addresses for Nigerians to report issues with accessing cash at bank branches or ATMs....
House of Representatives has resolved to raise a special Ad-hoc Committee with a view to investigate the alleged planned mass retirement of over 1,000 staff of...