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Central Bank Of Nigeria (CBN) Approves Unity And Providus Banks Merger

The Central Bank of Nigeria (CBN) has given the green light for Unity Bank Plc and Providus Bank Limited to merge. This merger aims...

CBN Backs Unity-Providus Merger to Bolster Financial Stability

The Central Bank of Nigeria (CBN) has granted approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and...

SERAP Demands Accountability From CBN For Over N100 Billion In Missing Funds And Unfinished Projects

The Socio-Economic Rights and Accountability Project (SERAP) has demanded that the Central Bank of Nigeria (CBN) provide a detailed account of more than N100...

CBN Injects $148 Million Into Nigerian Foreign Exchange Market To Boost Naira

The Central Bank of Nigeria (CBN) has provided a total of $148 million to authorized dealers in the Nigerian Foreign Exchange Market (NFEM) to...

CBN Orders Transfer Of Unclaimed Dormant Funds Above 10 Years To Treasury Bills

Deposit Money Banks have been instructed by the Central Bank of Nigeria (CBN) to move money from dormant accounts and unclaimed amounts older than...

CBN Begins Regular FX Sales to Boost Market Liquidity, Stability

The Central Bank of Nigeria (CBN) has announced the commencement of regular foreign exchange (FX) sales through Authorized Dealer Banks and licensed Bureaux De...

Judge Denies Disgraced Former CBN Governor Emefiele’s Request For Medical Trip Abroad

Justice Hamza Muazu of the High Court of the Federal Capital Territory in Abuja has rejected a request from Godwin Emefiele, the former governor...

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