UgamatvReps Query NERC Over N59bn CBN Loan for Mass Metering Programme
The House of Representatives has raised concerns over the disbursement and utilisation of the ₦59 billion loan granted by the Central Bank of Nigeria (CBN) to electricity distribution companies (Discos)…
We Stand by Our Tariff Order, Didn’t Tamper with Generation Costs, Says EERC
Insists no justification to keep Band A at N209/kWh in Enugu State_ The Enugu State Electricity Regulatory Commission, EERC, has clarified that its recent order that led to reduction…
No Hidden BVN Charges – CBN Debunks Social Media Claims
The Central Bank of Nigeria (CBN) has responded to public concerns regarding the newly launched Non-Resident Bank Verification Number (NRBVN) platform, assuring Nigerians that there are no hidden charges associated…
Journalist Petitions EFCC, CBN Over Alleged Unauthorized Deductions by NIRSAL Microfinance Bank
A journalist, Mr. Musliudeen Atanda Adebayo, has petitioned the Economic and Financial Crimes Commission (EFCC), the Central Bank of Nigeria (CBN), and the Public Complaints Commission (PCC) over what he…
Appeal Court Overturns Forfeiture of Emefiele’s Assets, Orders Retrial
The Court of Appeal in Lagos has overturned a Federal High Court ruling that ordered the final forfeiture of assets belonging to former Central Bank of Nigeria (CBN) Governor, Godwin…
Reps Summon Finance Minister, CBN Governor Over Alleged Fiscal Violations
The Joint House of Representatives Committee on Public Accounts and Public Assets has summoned the Minister of Finance, Wale Edun, and the Governor of the Central Bank of Nigeria (CBN),…
CBN Suspends Dividends, Executive Bonuses, and Foreign Investments for Banks Under Regulatory Forbearance
The Central Bank of Nigeria (CBN) has announced a temporary suspension of dividend payments, executive bonuses, and foreign investments for banks currently operating under regulatory forbearance, in a move aimed…
CBN’s High Interest Rate Policies Hurting Economy – Prof. Uremadu Warns
A renowned Professor of Banking and Finance, Professor Sebastian Uremadu, has called on the Central Bank of Nigeria (CBN) to urgently review its high interest rate policies, warning that they…
AdminHow to report your bank when displeased – CBN
The Central Bank of Nigeria has released a guide for bank customers and others on how and where they can lodge complaints against financial institutions regulated by it. The financial…
Ex-CBN gov Obadiah Mailafia for burial in Abuja November 5
The late former Deputy Governor of the Central Bank of Nigeria, Dr. Obadiah Mailafia, who died on September 19, 2021, at the University of Abuja Teaching Hospital in Gwagwalada will…
