CBN Plans Strategic Workforce Reduction, 1,000 Employees Set to Retire with ₦50bn Package
The Central Bank of Nigeria (CBN) is set to retire approximately 1,000 employees by December 31, 2024, as part...
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The Central Bank of Nigeria (CBN) is set to retire approximately 1,000 employees by December 31, 2024, as part...
The Central Bank of Nigeria (CBN) has raised the country’s Monetary Policy Rate (MPR) by 25 basis points, moving...
President Bola Tinubu has formally requested the National Assembly’s approval for a new external borrowing plan amounting to N1.767...
The Nigerian House of Representatives has urged the Central Bank of Nigeria (CBN) to accelerate the withdrawal of old...
The recent wave of core banking system upgrades across Nigeria’s financial sector has left many customers grappling with service...
The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has raised the country’s benchmark interest rate to 27.25%, marking...
The Presidency has dismissed reports claiming that President Bola Tinubu asked Yemi Cardoso, the Governor of the Central Bank...
The Central Bank of Nigeria (CBN) has directed all Payment Service Providers (PSPs) to begin tracking Point of Sale...
The Central Bank of Nigeria (CBN) has firmly denied circulating rumors about revoking the licenses of Unity Bank, Polaris...
The Nigerian Deposit Insurance Commission (NDIC) has initiated the liquidation process for the failed Heritage Bank, beginning with verification...
Members of the Organised Private Sector (OPS) and economists have expressed concerns over the recent hike in Nigeria’s benchmark...
The Economic and Financial Crimes Commission (EFCC) has issued a directive to foreign missions and Nigerian embassies, prohibiting them...
The Central Bank of Nigeria has announced 44 lists of licensed deposit money banks in Nigeria. The apex bank...
Commercial banks in Nigeria closed 2.021 million bank accounts in the first quarter of 2024 to comply with regulatory...
The Economic and Financial Crimes Commission (EFCC) is set to arraign the suspended Governor of the Central Bank of...
The Central Bank of Nigeria (CBN) has announced it will commence the sale of dollars to Bureau de Change...