June 04, (THEWILL) - The Central Bank of Nigeria (CBN) has refuted reports that it would revoke the operational licences of three banks.
An online media had claimed that the apex bank would withdraw the licences of Unity Bank,...
May 25, (THEWILL) - The Central Bank of Nigeria (CBN) has again, laid off over 200 staff from its workforce.
The latest retrenchment cuts across several departments, including Human Resources; Development Finance; Trade and Exchange (including a prominent director, Dr...
May 22, (THEWILL) - The Central Bank of Nigeria (CBN) has directed all Bureau de Change operators (BDCs) in the country to reapply for new operational licences by June 3, 2024, in order to continue to operate in...
May 14, (THEWILL) - The Central Bank of Nigeria (CBN), says it will hold its 295th Monetary Policy Committee (MPC), meeting on Monday, May 20 and Tuesday, May 21, 2024
The apex bank disclosed this on Tuesday, in statement,...
May 7, (THEWILL) - The Central Bank of Nigeria (CBN) has directed all Deposit Money Banks (DMBs) in the country to suspend charges on cash deposits until September 30, 2024.
The apex bank, in a circular signed by its Director...
May 6, (THEWILL) - Following the enactment of the Cybercrime (Prohibition, Prevention, etc) (Amendment) Act 2024 and pursuant to the provision of Section 44 (2)(a) of the Act, the Central Bank of Nigeria (CBN) has directed all banks,...
April 25, (THEWILL) - The Central Bank of Nigeria (CBN) says a notice circulating on social media about the risk of cryptocurrency did not originate from it and, therefore, is fake news.
The CBN disclosed this via its official X...
April 23, (THEWILL) - The Central Bank of Nigeria (CBN) has announced the sale of $10,000 to Bureau De Change (BDC) operators at the rate of N1,021/$1.
A letter signed on Monday, April 22, by Dr. Hassan Mahmud,...
March 26, (THEWILL) - The Federal Executive Council (FEC) has granted its consent for the disbursement of N60 billion from the Central Bank of Nigeria via the Agric Small and Medium Enterprises Investment Scheme.
This is aimed to boost...
March 26, (THEWILL) - In keeping with its inflation-targeting framework, the Central Bank of Nigeria (CBN), on Tuesday, raised the interest rate (also called monetary policy rate) by 200 basis points from 22.75 percent it put it last...
