Tag: CBN

CBN orders banks to close accounts dealing with cryptocurrency

The Central Bank of Nigeria (CBN) has directed banks to close accounts…

Muhammad A. Aliyu

NDIC: CBN revokes licenses of 42 microfinance banks

The Nigeria Deposit Insurance Corporation (NDIC) has announced that the Central Bank…

Farouk Mohammed

IMTOS: Azimo, Transfer Wise not licensed, CBN warns

The Central Bank of Nigeria (CBN) has issued a warning that Azimo…

Muhammad A. Aliyu

‘it’s mere fallacy’, Gowon denies looting ‘half of CBN’

A former military head of state, Yakubu Gowon, has rubbished a claim…

Farouk Mohammed

CBN secures court order to freeze accounts of 20 #EndSARS promoters for 90 days

The Central Bank of Nigeria (CBN) has obtained a court order freezing…

Muhammad A. Aliyu

CBN reacts to alleged website hack by Anonymous

The Central Bank of Nigeria has denied media reports alleging that its…

Farouk Mohammed

CBN cautions Nigerians against fraudulent loan offers, investment schemes

The Central Bank of Nigeria (CBN) has warned Nigerians to be alert…

Saddam Yusuf Saleh

CBN slashes monetary policy rate to 11.5%

The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has slashed its…

Muhammad A. Aliyu