Nigerians living outside the country can now register for their Bank Verification Numbers (BVN), as the Central Bank of Nigeria (CBN) has made two options available...
Banks in Nigeria have instituted new withdrawal limits for all ATM cards. Here are the details, as reported by Vanguard: In the new arrangement, all ATMs...
Former lawmaker, Abike Dabiri-Erewa is suing Diamond Bank and Punch for libel after they listed her as a debtor. Both organisations falsely accused her of owing...
The Central Bank of Nigeria (CBN) has extended the deadline for Bank Verification Number registration till October 31st, 2015. Today, June 30th, was the initial deadline....
The Central Bank of Nigeria (CBN) on Thursday instructed all Deposit Money Banks operating in Nigeria to start publishing the names of “chronic” debtors from August...
Justice Ayo Emmanuel of the Federal High Court in Ibadan, Oyo state, on Tuesday ordered the remand at the Agodi Prisons’ custody of six Central Bank...
President-elect Muhammadu Buhari on Sunday stated that he would look into former governor of Central Bank of Nigeria (CBN) Muhammadu Sanusi‘s claim that the Nigerian National...
The Naira on Monday lost N2 to the dollar to sell at N210 at the Bureau De Change (BDCs) segment of the official market. It also...
The Naira, at the Interbank market, on Thursday gained 80 kobo to the dollar, the Central Bank of Nigeria (CBN) says. The apex bank, in a...
The Central Bank of Nigeria (CBN) has stated that its cashless policy has largely contributed to a reduction in the spate of kidnappings in Nigeria. According...
The Central Bank of Nigeria said that the commemorative N100 banknote unveiled recently by the President, Dr. Goodluck Jonathan, is going into circulation from Friday. This...
The exchange rate for the dollar in Abuja “black market’’ on Wednesday stood at between N182 and N186, an investigation by a News Agency of Nigeria...
The Central Bank of Nigeria (CBN) on Tuesday in Abuja announced devaluation of Naira by N13 as part of measures the bank said were aimed at strengthening...
Each time we feature Nigerian banks on BN, the comments section is flooded with complaints from staff and ex-staff lamenting about the unrealistic targets they are...
Australian hostage negotiator, Stephen Davis, is revealing more information he alleges to be true. Yesterday, BN brought you the news that Davis, who spent four months...
On Tuesday, President Goodluck Jonathan was present at the 8th Annual Micro, Small, and Medium Enterprises (MSMEs) Conference, aimed at supporting his administration’s transformation agenda as...
From the 1st of September 2014, bank customers will pay a token for cash withdrawals made on other banks’ Automated Teller Machines (ATM). The Central...
The Central Bank of Nigeria has ordered all deposit money banks to refund illegal fees they charged patrons over a one-year period. CBN stated that some...
It has been a thrilling day of maneuvering worthy of an episode of “House of Cards”. Earlier today, erroneous news reports were distributed to media outlets...
The Senate is accusing suspended Governor of the Central Bank of Nigeria, CBN, Mallam Sanusi Lamido Sanusi of lying about the $49.8 billion proceeds of crude oil sales he...
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