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Court orders forfeiture of $1.4m linked to Emefiele in Titan Trust...

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A Federal High Court sitting in Lagos on Wednesday granted an interim forfeiture of $1.4 million linked to the former governor of the Central...

How UBA intends to meet N500bn capital base before deadline –...

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Executive director of finance and risk management at United Bank for Africa (UBA) Ugochukwu Nwaghodoh has explained how the banking group intends to meet...

CBN withdraws directive on collection of cybersecurity levy

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The Central Bank of Nigeria (CBN) has withdrawn its directive to banks and payment service providers on the collection and remittance of the cybersecurity...

CBN’s 0.5% cybersecurity levy is punishment on Nigerians – Seyi Law

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Comedian Seyi Law has condemned the 0.5% cybersecurity levy on transactions which he described as "a punishment on Nigerians." The Central Bank of Nigeria...

Full list of transactions exempted from CBN’s 0.5% cybersecurity levy

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Following the announcement of the implementation of the cybersecurity levy on transactions, the Central Bank of Nigeria on Monday listed transactions granted exemption from...

Banks to begin charging 0.5% cybersecurity levy on transactions

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Banks operating in the country are to start charging a cybersecurity levy on transactions, according to a directive by the Central Bank of Nigeria...

Emefiele remanded in EFCC custody

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A State High Court in Ikeja, Lagos on Monday ordered the remand of a former governor of the Central Bank of Nigeria (CBN) Godwin...

Emefiele arrives court in suit for arraignment

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Former governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has arrived at the State High Court in Ikeja, Lagos for his arraignment. Mr...

Emefiele to face fresh 26-count charges Monday

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Former governor of the Central Bank of Nigeria (CBN) Godwin Emefiele will be arraigned on Monday, April 8 before Justice Rahman Oshodi of the...

CBN raises banks’ capital base to N500bn

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The Central Bank of Nigeria (CBN) on Thursday announced an increase in the capital base for commercial banks. The apex bank's acting spokesperson Hakama Ali...