Next-of-kin Can Now Claim Funds in Dormant Accounts — CBN
The Central Bank of Nigeria (CBN) has allowed next-of-kin, legal representatives, or beneficial owners to claim unclaimed balances in dormant accounts. The CBN clarified this…
Tag: Central Bank of Nigeria
Read The Full Profile of The New Acting CBN Governor, Folashodun Adebisi Shonubi
President Bola Ahmed Tinubu has appointed the Deputy Governor of the Central Bank of Nigeria (CBN), Folashodun Adebisi Shonubi as the acting CBN Governor after…
BREAKING: CBN Extends Old Naira Deadline Till February 10
The Central Bank of Nigeria has extended the deadline for the swapping of old naira notes with the redesigned ones till February 10, 2023. The…
Activist Exposes Fraud, Prostitution, Other Dubious Practises in the Nigerian Banking System
Frontline activist and president of One Love Foundation, Chief Patrick Osagie Eholor has taken the Nigerian banking system to the cleaners. Eholor, who enumerated several…
Gov Wike Challenge CBN To Declare If Money Was Printed or Not
Rivers State Governor, Nyesom Wike, has said claims by his Edo State counterpart, Godwin Obaseki that Federal the Government printed about N60 Billion to share…
Gunmen Attack Former CBN Gov, Prof Charles Soludo, Kill Three
Gunmen, a while ago, attacked the former governor of the Central Bank of Nigeria (CBN), Prof. Charles Soludo, killing three policemen guarding him. The incident…
CBN Speaks on Why They Banned Cryptocurrency In Nigeria
The Central Bank of Nigeria (CBN) has reacted to condemnations trailing the directive to Deposit Money Banks (DMBs) to desist from transacting in cryptocurrencies. In…
How to Effectively Trade in Crytocurrency in Nigeria
In a widely circulated circular from Central Bank of Nigeria (CBN) to other financial institutions on the 5th of February, 2021 asks regulated financial institutions…
Gen Yakubu Gowon Reacts to Accusation of Looting Half of Central Bank After Office
Yakubu Gowon, a former military head of state, has described allegations that he looted half of the Central Bank of Nigeria as “rubbish”. Tom Tugendhat,…
Gen Yakubu Gowon Carted Away With Half of CBN During His Time – UK Parliament
The United Kingdom (UK) Parliament sat to discuss about Nigerian corrupt leaders and the anti endSARS leaders and what the kind of sanctions that should…