FEATURES

Emefiele, CBN: Akinyemi examines challenges, tasks Tinubu on way forward.

Daily Dispatch July 7, 2023

The Founder and Convener of Apostolic Round Table (ART), a Non-Governmental Organisation in the vanguard of advocacy for good governance, Dr Bolaji Akinyemi, has reminisced on the glorious days of the CBN under the leadership of erudite, credible and result oriented governors. He has also

BUSINESS

CBN limits contactless payment channels to ₦50,000 daily

Daily Dispatch June 28, 2023

The Central Bank of Nigeria (CBN) has limited the daily cumulative transaction limit to ₦50,000 and the single transaction limit to ₦15,000 contactless payments made through bank accounts or digital wallets. The transaction limit for contactless payments took effect on Tuesday, June 27, 2023. CBN’s director of the Payments and Systems Management Department, Musa Jimoh,

BUSINESS

SERAP urges CBN to withdraw regulations on customers’ social media handles or face legal action

Daily Dispatch June 25, 2023

The Socio-Economic Rights and Accountability Project (SERAP) has urged Acting Governor, Central Bank of Nigeria (CBN) Folashodun Shonubi to “immediately delete the patently unlawful provisions in the CBN (Customer Due Diligence) Regulations directing banks to obtain information on customers’ social media handles for the purpose of identification.” SERAP in a press release

BUSINESS

CBN, Bill Gates to collaborate on financial inclusion

Daily Dispatch June 25, 2023

The Central Bank of Nigeria (CBN), and the Bill and Melinda Gates Foundation (BMGF) have finalised arrangements for collaboration on financial inclusion. According to a statement from the apex bank, the two groups recently held strategic discussions on how to deepen collaboration on financial inclusion in Nigeria. During the discussions, CBN’s Acting Governor, Mr

NEWS

Former GMD, NNPC sues EFCC, CBN, GTB for alleged non release of $9.8m

Daily Dispatch April 28, 2023

Mr Andrew Yakubu, former Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, former Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC), has sued the EFCC, the Central Bank of Nigeria (CBN) and the Guaranty Trust Bank (GTB) for alleged refusal to release his 9.8 million dollars after a court judgment.

FEATURES

Godwin Emefiele The Villain?

Daily Dispatch March 16, 2023

By Ademola Oyetunji Now that the CBN has spoken and has directed Deposit Money Banks (DMBs) in the country to forthwith start dispensing and accepting old N200, N500 and N1,000 banknotes side by side the newly redesigned banknotes, the feverish temperature in the economy may have tempered. The Governor, Central Bank of Nigeria, Godwin Emefiele, […]