Gwamcee News
The Central Bank of Nigeria has instructed Payment Service Providers to channel all PoS transactions from merchants and agents through a certified...
Gwamcee News
The Central Bank of Nigeria (CBN) has approved the proposed merger of Unity Bank Plc and Providus Bank Limited.
The apex bank, announced...
Gwamcee News
The Central Bank of Nigeria (CBN) has directed all banks to stop the use of foreign currency-denominated collaterals for naira loans.
Adetona Adedeji,...
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which benchmarks interest rates, from 22.75 percent...
Gwamcee News
The Central Bank of Nigeria has vowed to sanction development finance institutions, primary mortgage banks, and microfinance banks regarding the timely submission of...
Gwamcee News
The Central Bank of Nigeria (CBN) on Wednesday said that the naira is currently undervalued, contrary to suggestions that the local currency...
Gwamcee News
The Central Bank of Nigeria has announced a new appointment of executive officers for Union Bank, Keystone Bank, and Polaris banks following the...
Gwamcee News
President Bola Tinubu on Friday approved the nomination of four new Deputy Governors of the Central Bank of Nigeria pending confirmation by...
