CBN
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Court/Litigation
Court grants EFCC final forfeiture of $2m, properties linked to Emefiele
A federal high court in Lagos has ordered the final forfeiture of $2.045 million linked to Godwin Emefiele, a former governor…
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Economy
Print food vouchers to tackle hunger, poverty, Ondo senator urges FG
Ibrahim made the recommendation at a news conference in Washington DC, attended by Olayemi Cardoso, the CBN governor; Wale Edun,…
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Business
Invest heavily in cybersecurity, CBN urges banks
The Central Bank of Nigeria (CBN) has urged banks in the country to make significant investments in cybersecurity to safeguard…
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Economy
CBN approves FX sale to BDCs at N1,590/$
“Eligible BDCs interested in this transaction are directed to make the Naira payment to the CBN Deposit Account Numbers with…
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Economy
CBN maintains FG’s Ways and Means loan at 5%
His comment comes amid a renewed push by Nigeria’s national assembly to increase the ways and means limit to 10…
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Business
Nigerian banks lost N42.6bn to fraud in three months – FITC
The implementation of multi-factor authentication and role-based access controls can aid in reducing the risk of unauthorized changes to settlement…
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Economy
External reserves grow by $424.68m in 11 days – Report
Nigeria’s external reserves recorded an increase of $424.68 million between August 30 and September 10, highlighting an improved financial outlook…
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Economy
Payment service providers to begin PoS transaction tracking – CBN
The Central Bank of Nigeria has directed all Payment Service Providers to route all transactions from PoS terminals at merchant…
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Economy
Bank recapitalisation top agenda as CBN, NDIC meet at 2024 FICAN summit
The Nigeria Deposit Insurance Corporation, the Central Bank of Nigeria, the Bank of Industry, the United Bank for Africa, Access…
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Business
Stanbic IBTC declares N116bn after-tax profit in first half of 2024
Stanbic IBTC Holdings Plc’s profit after tax soared by 71 per cent to N116.36bn in the first half of the…
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