CBN

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CBN big axe chops off boards of Titan, Union, Keystone, Polaris banks

By Babs Oyetoro The Central Bank of Nigeria (CBN) wielded the big stick by dissolving the boards and management of…

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CBN dissolves boards of Titan Trust, Keystone, Union, Polaris banks

The boards and managements of Titan Trust Bank, Union Bank, Keystone Bank and Polaris Bank have been dissolved.   The…

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Judiciary

REOPENED- Court awards Emefiele N100m in damages

Justice Olukayode Adeniyi of an FCT High Court on Monday awarded N100 million in damages to suspended former governor of…

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Backlog of matured forex: CBN disburses $61.64m to foreign airlines

In fulfilment of its commitment to eliminate the backlog of pending matured foreign exchange in Deposit Money Banks (DMBs), the…

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Intervention loans: CBN recovers N264.04bn from borrowers in H1, 2023

The Central Bank of Nigeria (CBN) recovered N264.04 billion from borrowers under its development financing programmes in the first six…

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CBN investigator insists Lemo, others must appear before panel

By Our Reporter The team of Special Investigators investigating the activities of the Central Bank of Nigeria under the immediate…

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CBN Special Investigator warns Lemo, others against obstructing investigation

The office of the Special Investigator for the Central Bank of Nigeria (CBN) has warned the warned the Chairman of…

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Your funds are safe in banks, CBN assures depositors

The Central Bank of Nigeria (CBN) has assured depositors and customers of Nigerian banks of the safety of their funds…

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CBN: Special Investigator summons Lemo, other Titan Bank shareholders over Union bank’s acquisition

By Our Correspondent Contrary to claims that the acquisition of Union Bank of Nigeria followed due process and met all…

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Desist from hoarding cash or face sanctions, CBN warns DMBs, POS operators

The Central Bank of Nigeria (CBN) has warned Deposit Money Banks (DMBs) and Point of Sale (PoS) operators to stop…

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