Tag: CBN

CBN Overhauls Leadership: 16 New Directors Appointed in Strategic Reshuffle

The Central Bank of Nigeria (CBN) has appointed 16 new directors to…

Genesis Obong

Nigeria’s Debt Level is Moderate and Not at Risk – IMF

The International Monetary Fund (IMF) has reassured Nigerians that the country is…

Oluwadara Akingbohungbe

Naira Paradox: BDCs Hesitate as Parallel Market Dips Below Bank Rates

A curious twist has emerged in Nigeria's foreign exchange market, leaving Bureau…

Genesis Obong

CBN Tightens Grip: Banks Face Stricter AML Compliance

In a bid to fortify Nigeria’s financial bulwark, the Central Bank of…

Genesis Obong

Local Government Autonomy: Legal Hurdles Stall Direct LGA Allocations as Account Submission Process Lags

The long-awaited implementation of local government autonomy, as mandated by the Supreme…

Genesis Obong

SERAP Calls on President Tinubu to Halt CBN’s ATM Fee Hike Amid Ongoing Court Case

The Socio-Economic Rights and Accountability Project (SERAP), a non-profit organization, has called…

Oluwadara Akingbohungbe

Banks and Fintechs Under Fire: NIBSS Alleges Blatant Disregard for Withdrawal Limits, Fueling Fraud Surge

A stark revelation from the Nigeria Inter-Bank Settlement System (NIBSS) has cast…

Genesis Obong

Loan App Surge: 380 Lenders Approved, Consumer Fears Grow

The landscape of digital lending in Nigeria is undergoing a dramatic transformation,…

Genesis Obong