The Managing Director of the Nigeria Deposit Insurance Corporation (NDIC) Bello Hassan, has stated the reason for delays in payment of Heritage Bank customers. He said…
Browsing: CBN
The World Bank reports that Nigeria received $19.5 billion in diaspora remittances in 2023. The report highlights the substantial economic contributions from Nigerians abroad while acknowledging…
The Central Bank of Nigeria will halt the foreign exchange price verification system portal used by importers from July 1. The apex bank says the Price…
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, announced that the country recorded a total foreign exchange inflow of about $24 billion in…
Documents have shown how the $6,230,000 cash allegedly stolen from the Central Bank of Nigeria (CBN) on February 8, 2023 was shared. A special presidential investigative team, led…
The Central Bank of Nigeria (CBN) has set up a special account with a deposit of $2.9 billion to help calm the foreign currency (forex) market.…
The House of Representatives has assured the public, especially depositors and stakeholders of Heritage Bank, that the recent license revocation by the Central Bank of Nigeria…
The National Assembly Committee on Banking, Insurance, and Other Financial Institutions has agreed to suspend the amendment process for the bill titled “An Act to Amend…
The operating licence of Heritage Bank Plc has been revoked by the Central Bank of Nigeria, with immediate effect. The decision followed after the bank failed…
On Wednesday, May 29, the House of Representatives authorised its banking institutions committee to look into the circumstances behind the Central Bank of Nigeria’s recent dismissal…