Emefiele Sacked Me As Head Of Nigeria’s Minting Company, Appointed Unqualified In-law – Emir Of Zazzau
The Emir of Zazzau, Ahmed Nuhu Bamalli, has accused Godwin Emefiele, Governor of the Central Bank of Nigeria of sacking him as the Managing Director of Nigerian Security Minting and…
We Didn’t Approve Recirculation of Old N500, N1000 Naira Notes – CBN
The Central Bank of Nigeria (CBN) has said it did not approve the recirculation of old 500 and 1000 naira notes. Several reports had on Wednesday suggested that the apex…
CBN Revokes Licenses of 132 Microfinance Banks, Others
The Central Bank of Nigeria (CBN) has revoked the operating licenses of 132 microfinance banks across the country. The apex bank also revoked the licenses of 4 primary mortgage banks…
CBN Revokes 2,698 BDC Licenses
The Central Bank of Nigeria (CBN) has revoked the licenses of 2,698 Bureau de Change (BDC) dealers following the continuous fall of naira. Daily Report Nigeria reports that the CBN…
Yemi Cardoso: Meet New CBN Governor With Brazilian Roots, Tinubu’s ex-Commissioner
Ace banker, Dr. Yemi Cardoso was on Friday appointed Governor of the Central Bank of Nigeria. Cardoso's appointment is pending on screening and confirmation by the Nigerian Senate. With parents…
BREAKING: CBN Appoints Directors For Polaris, Union, Keystone, Banks
The Central Bank of Nigeria has appointed new executive directors to oversee the affairs of Polaris, Union, and Keystone banks. Daily Report Nigeria reports that the development swiftly followed the…
CBN Bans Moniepoint, Opay, Kuda, Others from Accepting New Customers
The Central Bank of Nigeria (CBN) has imposed a ban on several microfinance banks, including Moniepoint, Opay, and Kuda, from accepting new customers and opening new accounts. Moniepoint, Opay, and…
CBN Revives Key Economic Reports, Boosts Transparency
The Central Bank of Nigeria has announced the reintroduction of several key economic reports, including the Purchasing Managers' Index, Business Expectation Survey, and Inflation Expectation Report, in a bid to…
CBN Clarifies Status of Old Naira Notes Amidst Controversy
•Old 200, 500, and 1000 Naira Notes to Remain Legal Tender Indefinitely The Central Bank of Nigeria (CBN) has responded to the House of Representatives, stating that there is no…
33 Dismissed CBN Staff Demand N30bn in Damages, Reinstatement
Thirty-three former employees of the Central Bank of Nigeria (CBN) have sued the apex bank over their mass termination last year. The ex-staff members, who were laid off in April…