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A Federal High Court in Lagos on Monday remanded a suspected money launderer, Ismaila Mustapha, also known as Mompha, following his arraignment for alleged N33billion fraud....
The House of Representatives has asked the Central Bank of Nigeria to suspend the planned Cashless policy. The House resolved to mandate the committee on banking...
President Muhammadu Buhari on Tuesday in Daura, Katsina State, disclosed that he has directed the Central Bank of Nigeria to stop providing foreign exchange for importation...
Watch the video excerpt from Channels TV below:
Following the withdrawal of the operating licence of Skye Bank Plc, the Central Bank of Nigeria (CBN), in consultation with the Nigerian Deposit Insurance Corporation (NDIC),...
The Central Bank of Nigeria says it has imposed heavy sanctions totaling N5.87 billion on four banks under its regulatory purview and asked same to refund...
The Naira has fallen by one point exchanging at N361.5 to the dollar at the parallel market in Lagos. The Nigerian currency had exchanged at N360.50...
Justice John Tsoho of the Federal High Court, Abuja, on Tuesday, struck out a suit seeking the Central Bank of Nigeria (CBN) to disclose the cost...
The Central Bank of Nigeria (CBN) on Friday injected $331m into the Interbank Foreign Exchange Market to alleviate dollar shortages. The funds were allocated to companies...
The National Economic Council (NEC) has revealed that 18 federal government’s agencies did not remit N526bn and $21bn into the Federation Account between 2010 and June...
