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Money Laundering: CBN Places Cameroon, Vietnam, Croatia on Nigeria’s Watchlist

The Central Bank of Nigeria, (CBN) has alerted Deposit Money Banks, (DMBs) and Other Financial Institutions in the country to increase the monitoring of...

CBN Orders Banks To Start Disbursing New Naira Notes Over The Counter

The Central Bank of Nigeria (CBN), on Thursday has issued a directive to financial institutions across the country to commence paying customers the new...

Why CBN Pegged Weekly Cash Withdrawal, ATM At ₦200 Notes and Below

Just few days after the redesigned Naira notes were launched by President Mahmoud Buhari in Abuja, the federal government has taken a step further...

PMB, This Is Your Assessment Report At 7

Four times governor of New York, vice president for two years under Gerald Ford and presidential aspirant, Nelson Rockefeller, once observed that “If you...

CBN Warns Banks Against ‘Composed’ Banknotes In Their Deposits

The Central Bank of Nigeria (CBN), has warned Deposit Money Banks (DMBs) to stop bringing “composed banknotes ” as part of their deposits with...

Banks In Trouble As MTN, Airtel Get CBN’s Approval To Start Banking Business

Two leading telecommunications giants, MTN Nigeria and Airtel have finally been given approval-in-principle by the Central Bank of Nigeria (CBN) to commence banking business...

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