Subsequent infractions, the CBN warned, would attract stricter sanctions under the provisions of the Banks and Other Financial Institutions Act (BOFIA) 2020.
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Speaking at the graduation lecture for participants of the Executive Intelligence Management Course (EIMC) 17 of the National Institute for Security Studies, Bwari, Abuja,...
CBN also announced that going forward domiciliary account holders were permitted to utilise cash deposits not exceeding $10,000 per day or its equivalent via...
An influential member of President Bola Ahmed Tinubu’s advisory board, Mr. Wale Edun, has said the country would unify its exchange rates “imminently”.
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The Central Bank of Nigeria (CBN), on Tuesday, announced the revocation of operating licenses of 179 Microfinance Banks (MFBs) and four Primary Mortgage Banks (PMBs).
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This was just as the CBN governor launched the SabiMONI e-Learning Platform, a fully digital national e-learning portal that provides a knowledge base for...