CBN accuses banks, PoS operators of hoarding cash, threatens sanctions
The Central Bank of Nigeria (CBN) has threatened to sanction banks and Point of Sales (POS) operators found to be complicit in the apparent Naira scarcity in parts of the…
Emefiele, ex-minister, 14 others to face trial for ₦26.6trn CBN fraud
The immediate past Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, a former minister, and 14 others have been indicted in over N26.627 trillion fraud at the apex…
Tinubu inherited dead economy – Soludo…accuses CBN of violating act
Chukwuma Soludo, Anambra State governor has said the administration of President Bola Tinubu inherited a dead economy. Prof Soludo spoke on Thursday during an interview on television. The Anambra governor…
FG delists loan apps from Google | See full list of 37 affected companies
The Federal Competition and Consumer Protection Commission (FCCPC) on behalf of the federal government on Monday delisted 37 illegal loan apps in Nigeria. Recall that on August 1, 2023 the…
Regulators crack down on First Bank, Access, GTB, Fidelity, others for violations
The Securities and Exchange Commission (SEC) has fined not less than eight banks and 18 other listed companies a total of N125 million for failing to file their financial statements…
PoS operators at loggerheads over new service charge
Point-of-sale (PoS) operators in Nigeria are divided over the implementation of new service charges that commenced on Monday. The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) had…
Breaking: DSS confirms Emefiele’s arrest, whisked away to Abuja | Video
The Department of State Services (DSS) has confirmed the arrest of the suspended Central Bank of Nigeria (CBN) governor, Godwin Emefiele. In a video seen by Newspread, the apex bank…
Tinubu suspends CBN governor, Godwin Emefiele
The Governor of the Central Bank of Nigeria (CBN) Mr. Godwin Emefiele, has been axed from office by President Bola Ahmed Tinubu effective, immediately. Willie Bassey, Director, Information Office of…
Breaking: CBN debunks devaluation of Naira
The Central Bank of Nigeria (CBN) has refuted the claim that it had devalued the naira In a Tweet on Thursday morning the CBN said: "CBN did not devalue the…
Youths must focus on specific IT fields | have an entrepreneurial mindset to succeed – award-winning scientist, Dodo
He's had a stint as a banker, a computer scientist extraordinaire, an inventor, a teacher, and a former visiting scholar to at least one international University and another one in…