The Central Bank of Nigeria (CBN) has stopped mobile money operators including fintech firms like OPay, Palmpay, Kuda Bank, and Moniepoint from onboarding new customers. A source at the bank,…
Read More CBN stops Opay, Moniepoint, others from onboarding new customers
A Central Bank of Nigeria (CBN) employee, Monday Osazuwa, told the Ikeja Special Offences Court on Friday how the apex bank’s former governor, Godwin Emefiele, on different occasions, directed him…
Read More How I collected $3 million cash for Emefiele, CBN employee tells court
Our reporter/ The Central Bank of Nigeria on Friday said the Nigerian economy had an inflow of over $1.5bn in the past few days, a development it says indicates its…
Read More Nigeria’s economy records over $1.5bn inflow – CBN
Our reporter/ The Central Bank of Nigeria (CBN) on Thursday unveiled new minimum capital requirements for banks, pegging the minimum capital base for commercial banks with international authorisation at ₦500…
Read More CBN pegs minimum capital base for Banks at ₦500bn
Our reporter/ The Central Bank of Nigeria (CBN) has confirmed that security agencies including the Economic and Financial Crimes Commission are investigating the $2.4bn questionable foreign exchange allocations and forward…
Read More Security agencies after firms involved in $2.4bn forex fraud Say – CBN
