In a letter dated May 20, 2025, signed by Adeyinka Olumide-Fusika, SAN, of M.A. Banire & Associates/Citipoint (Legal Practitioners), the legal team asserted that Fidelity […]
The attention of the Central Bank of Nigeria (CBN) has been drawn to certain publications and social media reports containing misleading information regarding the operations […]
In anticipation of the International Monetary Fund (IMF) and World Bank Group (WBG) Spring meetings commencing Monday, April 21, 2025, the Central Bank of Nigeria […]
Signaling Economic Resurgence The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024 financial year, […]
President Bola Tinubu and seven others have been summoned by a Federal High Court sitting in Port Harcourt over the declaration of a state of […]
In a significant milestone for Nigeria’s banking sector, women now constitute 35% of the Central Bank of Nigeria’s (CBN) directors and half of its Non-Executive […]
The Central Bank of Nigeria (CBN) has rejected Governor Ademola Adeleke’s nomination of ex-Finance Commissioner, Wale Bolorunduro, as a Director of Osun-owned Living Trust Mortgage Bank. The […]
By Lawal Nasir When in July 2024, the Supreme Court gave a ruling that effectively granted financial autonomy to the 774 local government councils in […]
The Centre for Fiscal Transparency and Public Integrity, a non-governmental organisation has asked the ICPC to investigate corrupt practices and misapplication of funds amounting to […]
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has renewed calls for deeper backward integration in the telecommunications sector, emphasising the […]
Following the court order that the shares of Keystone Bank Limited previously held bythe shareholders be forfeited to the Federal Government of Nigeria, the Central […]
The Central Bank of Nigeria (CBN) has announced the waiver of the 2025 non-refundable annual license renewal fee for Bureau De Change (BDC) operators. In […]
The Central Bank of Nigeria has sanctioned nine Deposit Money Banks with fines totalling N1.35bn for failing to ensure cash availability via Automated Teller Machines […]
The Central Bank of Nigeria and the Securities and Exchange Commission have approved the N147bn rights offer of FCMB Group. This was disclosed in a […]
The economy grew by 3.46 per cent in Q32024, with output reaching ₦20.115 trillion, up from 3.19 per cent (₦18.285 trillion) in Q2 2024, driven […]
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