Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has vowed to tackle the commoditisation ( buying and selling) of Naira notes, which has become widespread in the country.

CBN sanctioned nine deposit money banks with fines totalling N1.35bn for failing to ensure cash availability via automated teller machines during the festive season. Each of the banks was fined ...

The Central Bank of Nigeria (CBN) has fined nine banks for failing to dispense cash via ATMs during the Christmas holidays The apex bank fined the banks N150 million each, saying that the fines would ...

The Central Bank of Nigeria (CBN) which slammed the sanction, said each of the banks would pay N150 million as fine for non-compliance with the regulator’s cash distribution guidelines ...

After Korea, Philippines media giant ABS-CBN is positioning itself as the next potential purveyor of hit Asian entertainment, building on the international box office success of “Hello, ...

The Central Bank of Nigeria, CBN, has issued fines to at least nine Deposit Money Banks for failing to ensure cash availability via automated teller machines, ATMs, during the festive season.

The fines will be directly debited from the banks’ accounts with the CBN. In a press statement released on Tuesday, the Acting Director of Corporate Communications at the CBN, Mrs Hakama Sidi ...

The Central Bank of Nigeria (CBN) has imposed fines of N150 million each on nine Deposit Money Banks (DMBs) for failing to dispense cash via Automated Teller Machines (ATMs) during the festive season.

The Central Bank of Nigeria (CBN) has sanctioned Deposit Money Banks (DMBs) for failing to make naira notes available through automated teller machines (ATMs), during the yuletide season. Each bank ...

A bill seeking to grant ABS-CBN Corporation a new 25-year franchise has moved forward in the House of Representatives, marking a significant step in the network’s bid to resume full broadcast ...

The Central Bank of Nigeria (CBN)’s loans to banks surged to a historic high of N1.2 trillion in the first seven days of 2025, indicating a liquidity squeeze in the sector. The N1.2 trillion CBN loan ...

The Central Bank of Nigeria (CBN) has launched two new account types: the Non-Resident Nigerian Ordinary Account (NRNOA) and the Non-Resident Nigerian Investment Account (NRNIA) designed to boost ...