Hakama Sidi-Ali
20 Nov
Central Bank of Nigeria (CBN) has confirmed the existence of fake SWIFT messages in the country.In a statement, yesterday, in Abuja, the acting Director, Corporate Communications of the apex bank, Mrs Hakama Sidi Ali
9 Oct
To strengthen regulatory oversight of Nigerian banks’ subsidiaries abroad, the Central Bank of Nigeria (CBN) has signed memoranda of understanding (MoUs) with countries hosting Nigerian banks’ subsidiaries.
14 Aug
The Central Bank of Nigeria (CBN) said it is back with the publication of several key economic reports to make relevant information available to the stakeholders in the financial sector.
11 Jun 2024
The Central Bank of Nigeria (CBN) has again reassured members of the public of the safety of their deposits, saying the banking system
4 Jun 2024
Heritage Bank, which rose from the ashes of Societe Generale Bank of Nigeria, may have lost its licence to poor corporate governance.In announcing the withdrawal of its bank operations, the Central Bank of Nigeria (CBN) accused the board management of failure to improve the financial health of the bank.
24 May 2024
Existing Bureau de Change (BDC) operators that are willing to renew their licenses have up to December 3, 2024, to do so.
29 Mar 2024
The Central Bank of Nigeria (CBN) has increased the minimum capital requirement for Deposit Money Banks (DMBs) with national licences from N25 billion to N200 billion.
21 Mar 2024
The Central Bank of Nigeria (CBN) yesterday, says it has successfully settled all outstanding foreign exchange (FX) obligations. Acting director of corporate communications at CBN, Hakama Sidi Ali, disclosed this in a statement on Wednesday.
8 Mar 2024
The Central Bank of Nigeria (CBN) has revealed that the country's foreign portfolio inflows exceeded $1 billion in February 2024.
8 Feb 2024
The Nigerian National Petroleum Company Limited (NNPC Ltd) and the Central Bank of Nigeria (CBN) have agreed to enhance their banking relationship for smoother commercial operations, ensuring improved cash management and digital transaction platforms. This agreement was announced on Thursday in a statement jointly signed by the spokesperson of NNPCL, Olufemi Soneye and his counterpart…
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38 mins ago
The Governor of Katsina State, Dikko Radda, has expressed the state's commitment to the conduct of credible local government elections. This was as he urged the All Progressives Congress (APC) stakeholders to canvas for support in their respective local government areas. Radda spoke during a caucus meeting at the Presidential Banquet Hall, Katsina, attended by…
40 mins ago
Fresh facts have emerged that commercial and merchant banks borrowed N8.2 trillion from the Central Bank of Nigeria (CBN) in the first 17 days of the year 2025 to address the liquidity crisis. The move, according to data provided by the apex bank, was part of efforts to tackle liquidity challenges in the financial sector…
42 mins ago
The Federal Republic of Nigeria and Bangladesh have reaffirmed their commitment to empowering Nigerian youth, recognising their critical role in shaping the future. This commitment was stressed during a courtesy visit by the Bangladesh High Commissioner to Nigeria, Masudur Rahman, to the Minister of Youth Development, Ayodele Olawande, in Abuja. The minister was represented at…
48 mins ago
The impeached Speaker of the Lagos State House of Assembly, Mudashiru Obasa, has said it is not a sin to have a governorship ambition. Obasa made this remark amid rumours that he is among those nursing the ambition to take over from Governor Babajide Sanwo-Olu in 2027. Addressing the rumours during a press conference on…
1 hour ago
In a bid to combat bullying in schools and promote a culture of inclusivity and mutual respect, the Equality Development and Research Centre
1 hour ago
Renowned Cameroonian football legend and President of the Cameroonian Football Federation (FECAFOOT), Samuel Eto'o, recently reunited with a former teammate who now works as a security guard during a visit to Douala. The heartwarming encounter occurred while Eto'o was attending an Ecobank Group seminar in the city. The reunion, captured in a viral video circulating…
2 hours ago
The rescue teams of the Federal Road Safety Corps (FRSC) have endured another long duration of tactical operations as they successfully
2 hours ago
The much-anticipated National Executive Council (NEC) meeting of the Peoples Democratic Party (PDP), slated for February 29, looks doubtful after moves to settle party bigwigs' irreconcilable differences deadlocked. The meeting, which is set aside to broker peace given the long list of contentious issues within the party, looks shaky as party top shots continue their…