Nigeria: Central Bank Launches Cashless Policy Pilot in Lagos
May 24 Nigeria: Central Bank Launches Cashless Policy Pilot in Lagos (2011) What happened: On May 24, 2011, the Central Bank…
Tag: Central Bank of Nigeria
Emefiele finally forfeits $4.7m, N830m, properties to Federal Government
Emefiele By Publisher Kindly share: The Federal High Court in Lagos on Friday ordered the final forfeiture of $4.7 million,…
Alleged breach of rights: Ex-presidential aspirant files £990trn suit against CBN, others
By Amah Kindly share: A former presidential aspirant on the platform of All Progressives Congress (APC) in the 2023 elections,…
AGF uncovers N197.72bn fraudulent contracts scandal CBN, REA, others
Wale Edun, Finance Minister Kindly share: The Auditor-General of the Federation, AGF, has uncovered irregular payments for contracts amounting to…
Recapitalisation: Four banks in dilemma over losing brand identity …NDIC pays 82.3% insured depositors of liquidated Heritage Bank
By Amah Kindly share: The next few weeks may be challenging for the managing directors of four banks, their management,…
Next of kin can claim funds in dormant accounts
By Amah Kindly share: The Central Bank of Nigeria, CBN, has said Next of kin, legal representatives, or beneficial owners…
Breaking: Again CBN raises interest rate to 26.75% amid rising inflation
Cardoso By Amah Kindly share The Central Bank of Nigeria, CBN, has again raised the Monetary Policy Rate, MPR, by…
CBN directs banks to send funds in dormant accounts, unclaimed balances to apex bank
Central Bank of Nigeria logo (Credit: CBN website) PRESS RELEASE • JULY 19, 2024 The CBN hereby issues the revised…
Court orders Emefiele to forfeit $1.4 bribery proceeds
The Federal High Court in Lagos, on Tuesday, ordered the final forfeiture of the sum of $1,426,175.14 linked to the…
Court Documents Reveal: How $6.2m Stolen From CBN Was Shared
Court Documents Reveal: How $6.2m Stolen From CBN Was Shared Documents have shown how the $6,230,000 cash allegedly stolen…