January 11, (THEWILL) - The Central Bank of Nigeria (CBN) has announced new executives for Union Bank Limited, Keystone Bank Limited and Polaris Bank Limited.
The CBN, on Wednesday, January 10, 2024, revealed that the appointments followed...
January 11, (THEWILL) - The Central Bank of Nigeria (CBN) has said it dissolved the boards and managements of Union Bank Limited, Keystone Bank Limited and Polaris Bank Limited for infractions against statutory rules which poses a threat...
January 03, (THEWILL) - The Central Bank of Nigeria (CBN) has announced that cash withdrawals will not be possible from accounts operated for virtual and digital asset transactions.
Withdrawals from these accounts would only be available by transfer or manager’s...
January 02, (THEWILL) - The Concerned Northern Forum (CNF), has cautioned President Bola Tinubu against the report submitted by Jim Osayande Obazee, the special investigator appointed to probe the tenure of Godwin Emefiele as Governor of the Central Bank...
December 27, (THEWILL) - The Central Bank of Nigeria (CBN) has assured depositors that their assets in the nation’s financial institutions are safe.
Apparently reacting to recent media reports traced to “leaked” information on the ongoing probe...
December 23, (THEWILL) - The Central Bank of Nigeria (CBN) has lifted ban on crypto currency transactions in the country.
The apex bank has thus instructed commercial banks to jettison its previous instruction on crypto transactions.
The information...
December 22, (THEWILL) – Despite claims by former President, Muhammadu Buhari, that the redesign of the N1000, N500 and N200 banknotes was his initiative and actually received his endorsement, the Special Investigator appointed by President Bola Tinubu to...
December 14, (THEWILL) - The Central Bank of Nigeria (CBN) has reassured Nigerians of enough Naira notes in circulation to cater for their cash needs.
CBN Acting Director, Corporate Communications, Mrs Hakama Ali, gave the assurance in a statement on...
December 11, (THEWILL) – The Central Bank of Nigeria (CBN)has issued a new directive to all banks, other financial institutions, and non-bank financial institutions, suspending the processing charges previously imposed on large cash deposits.
This change, referenced under the...
December 11, (THEWILL) – The Central Bank of Nigeria (CBN) has assured Nigerians and the banking public that the Nigerian banking industry remains resilient.
The apex bank gave the assurance in a press statement issued on Monday, by its...