Tag: CBN
CBN Debunks Fake Circular on New ₦5,000 and ₦10,000 Notes
Circular Introducing New ₦5,000, ₦10,000 Notes Is Fake — CBN The Central Bank of Nigeria (CBN) has disowned a circular claiming it has introduced [more…]
Fagbemi: Releasing Blocked Allocations to Rivers Administrator Is Justified
FILES: Naira notes The Attorney General of the Federation (AGF), Lateef Fagbemi, says the Federal Government will be acting in order if it releases [more…]
Court to Rule Wednesday on Emefiele’s Request for Judge’s Recusal
FILE PHOTO: Embattled former CBN Governor, Godwin Emefiele, in court in Abuja on Thursday, March 7, 2024 A Special Offences Court sitting in Ikeja, [more…]
Court Orders Final Forfeiture of $4.7M, ₦830M, and Properties Linked to Emefiele
A photo combination of Godwin Emefiele and a court gavel The Federal High Court in Lagos has ordered the permanent forfeiture of $4.7 million, [more…]
Wema Bank Launches Final Phase of Capital Raise Exercise
Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, Wema Bank, has announced that it will be completing its capital raise [more…]
CBN: FG’s Borrowing Pushes Money Supply Up 51% to ₦108.96tn
FILES: Naira notes Riding on the back of domestic borrowings by the Federal Government from the private sector, Nigeria’s Broad Money Supply (M2) increased [more…]
CBN Reports Growth in Nigeria’s Economy for Q3 2024
Photo illustration of CBN Governor, Yemi Cardoso, and CBN logo The economy grew by 3.46 per cent in Q32024, with output reaching ₦20.115 trillion, [more…]
CBN Approves $25,000 Weekly for BDCs to Address Yuletide Demands
US dollar notes. The Central Bank of Nigeria has granted temporary permission to Bureau de Change operators, to purchase up to $25,000 in foreign [more…]
CBN Issues Warning on Fake ‘Swift’ Messages
The Central Bank of Nigeria (CBN) has warned the general public to be cautious of fraudulent ‘Swift’ messages and unsubstantiated claims regarding foreign currency [more…]
CEO of 9PSB, Branka Mracajac, Highlights Innovations, Investment, and Collaboration as Key to Nigeria’s Fintech Growth
At the 2024 Nigeria Fintech Week held in Lagos, Branka Mracajac, CEO of 9 Payment Service Bank (9PSB), Nigeria’s digital payment service bank, focused on [more…]
