Posted inEntertainment Features Old Naira Notes Remain Legal Tender Beyond 2024 – CBN Debunks Rumors Posted by Paul Onogwu October 25, 2024 The Central Bank of Nigeria (CBN) has dismissed rumors that old N200, N500, and N1,000…
Posted inNews Central Bank of Nigeria Raises Benchmark Interest Rate to 27.25% Posted by Paul Onogwu September 24, 2024 The Central Bank of Nigeria's Monetary Policy Committee has increased the monetary policy rate (MPR)…
Posted inNews Next-of-kin can now claim funds in dormant accounts – CBN Posted by Paul Onogwu July 30, 2024 The Central Bank of Nigeria (CBN) has allowed next-of-kin, legal representatives, or beneficial owners to…
Posted inNews JUST IN: CBN increases interest rate to 26.75% Posted by Paul Onogwu July 23, 2024 The Central Bank of Nigeria (CBN) has taken decisive action to combat soaring inflation, raising…
Posted inNews CBN directs banks to transfer unclaimed balances and funds in dormant accounts Posted by Paul Onogwu July 20, 2024 The Central Bank of Nigeria (CBN) has mandated banks and other financial institutions to transfer…
Posted inNews CBN revokes Heritage Bank’s licence Posted by Paul Onogwu June 3, 2024 The Nigeria Deposit Insurance Corporation has been appointed as the liquidator of Heritage Bank, following…
Posted inNews JUST IN: CBN increases interest rate to 26.25 % Posted by Paul Onogwu May 21, 2024 The Central Bank of Nigeria (CBN) has raised the interest rate by 150 basis points,…
Posted inNews Court Upholds CBN Regulation, Directs Banks to Collect Customer Social Media Handles Posted by Paul Onogwu May 16, 2024 The Federal High Court in Lagos has affirmed a new regulation by the Central Bank…
Posted inNews JUST IN: CBN orders banks to suspend charges on deposits till September Posted by Paul Onogwu May 8, 2024 The Central Bank of Nigeria (CBN) has issued a directive to banks, instructing them to…
Posted inSport BREAKING: CBN directs banks to charge 0.5% cybersecurity levy on electronic transfer Posted by Paul Onogwu May 6, 2024 The Central Bank of Nigeria (CBN) has issued a directive to all financial institutions to…