The Nigerian Senate is intensifying its investigation into the N30 trillion Ways and Means facilities granted to the Federal Government by the Central Bank of Nigeria...
The Central Bank of Nigeria has announced the termination of the foreign exchange price verification system portal that importers previously used. On Thursday, the acting director...
The Nigeria Deposit Insurance Corporation (NDIC) has listed the head office and branches of the failed Heritage Bank for sale as part of its liquidation process....
CBN Clarifies Position on Revoking Licenses of Fidelity, Wema, Polaris, and Unity The Central Bank of Nigeria (CBN) has confirmed that it has no plans to...
Fidelity Bank has completed the necessary preparations to secure a total of N127.1 billion through a combination of a rights issue for existing shareholders and a...
Olayemi Cardoso, the Governor of the Central Bank of Nigeria, has emphasized the importance of implementing a robust debt management strategy to address the country’s revenue...
Following the report on Monday, June 3 2024 that the Central Bank of Nigeria (CBN) revoked the banking license of Heritage Bank Plc, some bloggers and...
The Central Bank of Nigeria (CBN) has reportedly revoked the banking license of Heritage Bank Plc. NIGERIA NEWS 247 gathered that, in a press release of...
On Friday, the Central Bank of Nigeria terminated the employment of over 200 officials, further expanding the ongoing wave of dismissals within the institution. This recent...
The Association of Bureau De Change Operators (ABCON) has criticized the Central Bank of Nigeria’s (CBN) new recapitalization requirements for its members amid the ongoing foreign...
