Details have emerged regarding the selection process for the newly appointed Directors at the Central Bank of Nigeria (CBN), with sources indicating that the process was more rigorous and merit-based than in previous exercises. According to a source within the…
THE Socio-Economic Rights and Accountability Project (SERAP) has taken legal action against the Central Bank of Nigeria (CBN) over its decision to increase Automated Teller Machine (ATM) transaction fees, describing the move as unlawful, unfair, unreasonable, and unjust. Trojaninsights reports that the…
African leaders have appointed former deputy governor of Central Bank of Nigeria, CBN, Prof. Kingsley Moghalu inaugural president of African School of Governance, ASG, based in Kigali, Rwanda. His appointment took effect on October 1, 2024. after a global competitive…
FOUR major Nigerian banks are grappling with the implications of the Central Bank of Nigeria’s (CBN) stringent recapitalisation policy, potentially leading to the loss of their brand identities. An investigation showed that these banks are deeply concerned following the…
FORMER governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, through his legal team, has threatened to sue President of the Nigerian Senate, Godswill Akpabio over alleged defamation. Emefiele would demand N25 billion in damages from the Senate President…
OPERATIVES of the Economic and Financial Crimes Commission, EFCC, Ilorin Zonal Command Office, and officials of the Central Bank of Nigeria, CBN, have continued to monitor banks and financial facilities in the ongoing currency swap in Kwara state. A source…
AT least 6,047 Bank Verification Numbers of bank customers have been placed under the Central Bank of Nigeria watch list for fraudulent transactions, Trojan.com.ng has learnt. This was contained in the CBN Financial Stability June 2022 report published in December 2022.…
THE newly redesigned naira notes will go into circulation on Thursday (today) with Deposit Money Banks releasing the bills to their customers via over-the-counter payments. This came about three weeks after the President, Major General Muhammadu Buhari (retd), unveiled the…
CENTRAl Bank of Nigeria, CBN, Governor, Mr. Godwin Emefiele, yesterday, said that the apex bank would consider tweaking the new weekly cash withdrawal limits of N100,000 and N500,000 for individuals and corporate bank customers. Emefiele, who addressed State House correspondents…
THE Central Bank of Nigeria (CBN) has gotten the node of President Muhammadu Buhari to unveil the redesigned high-denomination bank notes, in a frenzied twist to achieve the ambitious of unveiling the new N200, N500, N100 notes. The CBN had…
