Justice A.O. Owoeye of the Federal High Court in Ikoyi, Lagos, has ordered the remand of Precious Chimaobi Uzondu in the Ikoyi Correctional Centre over his alleged refusal to accept the naira as a ...

The Lagos State Special Offences Court in Ikeja has ordered the forfeiture of 6.3 billion units of ordinary shares in Keystone Bank Limited, valued at N1.00 each, to the Federal Government of Nigeria.

Wema Bank’s story began in 1945 when it was established as Agbonmagbe Bank Limited by Chief Mathew Adekoya Okupe, a prominent ...

Since assuming office in September 2023, Governor Olayemi Cardoso has implemented several bold monetary policy reforms aimed ...

"The bank maintains a strong financial position, consistently fulfilling all its obligations and adhering to all regulatory requirements." ...

The Federal High Court in Ilorin, Kwara State, has convicted three illegal Bureau De Change (BDC) operators, the Economic and ...

The CBN has announced a review of automated teller machine (ATM) transaction fees to address rising operational costs and ...

The Central Bank of Nigeria (CBN) has confirmed that the 299th meeting of its Monetary Policy Committee (MPC), initially scheduled ...

Nigerians will pay higher charges on cash withdrawals as the Central Bank of Nigeria (CBN) has introduced new ATM charges for ...

Nigerians will soon pay higher charges for withdrawals at commercial banks' Automated Teller Machine (ATM) as the Central ...

Free ATM withdrawals have come to an end in Nigeria as the CBN has introduced a new policy ending the three free withdrawals ...

However, customers withdrawing from ATMs located at bank branches will now be charged ₦100 per ₦20,000 withdrawn.