The Central Bank of Nigeria (CBN) has directed banks to place a post-no-debit on the bank accounts of 18 companies. A post-no-debit means that all debit transactions, including ATMs and
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The Central Bank of Nigeria (CBN) has threatened to revoke licences of microfinance banks dealing in foreign exchange (FX) transactions. The apex bank issued the warning in a circular signed
The federal government says it has concluded arrangements for commencement of the second phase of its national mass metering programme (NMMP). Sale Mamman, minister of power, announced this in a
A house of representatives committee has tackled the Central Bank of Nigeria (CBN) over N801 billion unremitted revenue into the federation account.
The Association of Bureaux De Change Operators of Nigeria (ABCON) says a recent decision by the Central Bank of Nigeria
The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to set up teller points to meet legitimate
Obadiah Mailafia, a former deputy governor of the Central Bank of Nigeria (CBN), says the decision of the apex bank