The Central Bank of Nigeria (CBN) has denied reports that it planned to replace the Naira notes in circulation with digital currency, the eNaira. The Director, Corporate Communications Department of the (CBN), Osita Nwanisobi, said the...
The Economic and Financial Crimes Commission (EFCC) says it has released Osita Okechukwu, director-general, Voice of Nigeria (VON), who was detained over fraud allegations. Okechukwu arrived at the EFCC headquarters in Abuja on January 29 around...
The Central Bank of Nigeria (CBN) has denied rumours it plans to convert monies in the domiciliary accounts of bank customers to naira to check the shortage of US dollars in the country. In a statement...
The Governor of Central Bank of Nigeria (CBN) Godwin Emefiele says at the end of June 2021, commercial banks in Nigeria refunded N89.2 billion to customers over complaints. Represented by Osita Nwanisobi, Acting Director, Corporate Communication...
The Central Bank of Nigeria (CBN) has confirmed the resilience, safety and soundness of Nigerian Deposit Money Banks (DMBs), as well as other financial institutions under its supervision. CBN acting Director, Corporate Communications Department, Osita Nwanisobi,...
United Bank for Africa (UBA) Plc has rewarded 10 of its loyal customers with a total sum of N10 million in the quarterly draws of its ongoing savings promo. This promo, which is held quarterly, is...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said that the bank is ready to invest in the Information and Communication Technology (ICT) sector in order to stimulate economic growth and...
A Punch reporter, Okechukwu Nnodim, who was abducted by gunmen on Wednesday night has regained his freedom. Nnodim reunited with his family on Saturday night. “I am back home. I am back,” Nnodim said on the telephone. His...