Tag: Cbn
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CBN reverses prohibition on cryptocurrency transactions
The Central Bank of Nigeria has changed its stance on crypto assets in the country and asked banks to disregard its earlier ban on...
Banks collaborating with Point of Sale (PoS) operators to interfere with the circulation of the naira, according to the CBN
The Central Bank of Nigeria has issued a caution to Point-of-Sale (PoS) operators regarding cash availability, citing a collusion between some Deposit Money Banks...
CBN investigator reveals Emefiele’s involvement in operating 593 unauthorized accounts in the US, UK, and China
The former Central Bank of Nigeria Governor, Godwin Emefiele, illicitly deposited billions of naira in over 593 bank accounts across the United States, United...
The Central Bank of Nigeria (CBN) has declared a temporary halt to accepting new loan applications within its intervention program
In a communication titled "Suspension of Acceptance of New Applications under the Existing Central Bank of Nigeria, CBN Development Finance Intervention Programme," directed to...
Counterfeit Nigerian currency circulating, CBN cautions the public
The Central Bank of Nigeria has issued a cautionary alert urging Nigerians to exercise caution due to the circulation of counterfeit naira notes amid...
