Nigerian banks have started charging customers for failed transactions, a move that could further compound economic hardship already assailing the masses. The charges were imposed following a CBN directive earlier this year that directed banks to penalise customers who ...

This is according to a written address in support of a motion ex parte filed by the Central Bank of Nigeria. The CBN had in the second week of October frozen 20 accounts and thereafter approached the court to seek ...

IN THE FEDERAL HIGH COURT OF NIGERIA IN THE ABUJA JUDICIAL DIVISION HOLDEN AT ABUJA SUIT NO: FHC/ABJ/CS/1384/2020 BETWEEN: GOVERNOR, CENTRAL BANK OF NIGERIA PLAINTIFF/APPLICANT AND 1. BOLATITO RACHAEL ODUALA 2. CHIMA DAVID IBEBUNJOH 3. MARY DOOSE KPENGWA 4. GATEFIELD ...

#EndSARS: Anonymous claims responsibility for hacking CBN website Anonymous, an online network known for launching cyber attacks against government institutions, has claimed responsibility for bringing down the website of the Central Bank of Nigeria. The move was taken in solidarity ...

The Central Bank of Nigeria, CBN, has reacted to the circulation of pictures and videos of new N2,000 and N5,000 banknotes in the country. There were rumors over the weekend that some persons were in possession of such banknotes. However, ...