Tag:CBN

Zenith Bank Hacked: Customer Emails, Phone Numbers Exposed in Global Cyberattack

Hackers have breached the database of Zenith Bank, exposing limited customer information in what the bank described as part of a broader global cyberattack...

Nigeria Facing ₦50tn Financing Crisis, Economy Cannot Grow on 30% Loans, CPPE Warns

The Centre for the Promotion of Private Enterprise (CPPE) has warned that Nigeria's productive economy is facing a financing gap exceeding ₦50 trillion, calling...

Nigerians Paying Over 300% Interest on Loan Apps, Oye Urges CBN to Cap Digital Lending Rates

...Says Poverty Now Punishes Nigerians with Higher Costs for Food, Healthcare, Housing and Credit The Chairman of the Alliance for Economic Research and Ethics Ltd/GTE,...

PFIPC Scandal Deepens as CBN Admits Opening Dollar, Pound Accounts for ‘Fake’ Agency

The controversy surrounding the alleged Presidential Foreign Investment Promotion Council (PFIPC) deepened on Monday after the Central Bank of Nigeria (CBN) confirmed it opened...

How CBN Hired 16 New Directors

The Central Bank of Nigeria (CBN) has appointed 16 new directors to head various departments, according to internal documents. Although the appointments have yet to...

Customers to pay for using ATM as CBN Removes three free monthly withdrawals

The Central Bank of Nigeria (CBN) has announced that, starting from March 1, it will eliminate the three free monthly withdrawal transactions for customers...

CBN Governor Unveils New FX Code, Warns Banks, BDCs Against Violations

The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, unveiled a new Foreign Exchange (FX) Code on Tuesday, aimed at establishing clear...

Banking Blunder: CBN Cracks Down on Zenith, Fidelity, UBA, 6 others for hoarding cash

Nine Deposit Money Banks (DMBs) have been fined a total of N1.35 billion for failing to adequately load their Automated Teller Machines (ATMs) during...

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President Tinubu does not live extravagantly – Zacch Adedeji

The Executive Chairman of the Nigeria Revenue Service, Zacch Adedeji, has defended President Bola Tinubu against criticism over the...
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Why I appointed 4,000 Special Assistants – Okpebholo

Edo State Governor, Senator Monday Okpebholo, has defended his administration’s plan to appoint 4,000 Special Assistants across the state,...

Pay ₦200 or Risk NYSC Mobilisation, NANS warns Students

The National Association of Nigerian Students, NANS, has proposed a new system under which students may be required to...

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President Tinubu does not live extravagantly – Zacch Adedeji

The Executive Chairman of the Nigeria Revenue Service, Zacch...

Why I appointed 4,000 Special Assistants – Okpebholo

Edo State Governor, Senator Monday Okpebholo, has defended his...