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’

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, […]

NEWS

New Naira: Falana knocks CBN for disobeying Supreme Court order

Daily Dispatch February 14, 2023

Rights activist and Senior Advocate of Nigeria, Femi Falana, has lambasted the Central Bank of Nigeria for allegedly flouting the interim injunction of the Supreme Court suspending the implementation of the February 10 deadline on the use of the old banknotes. The CBN had moved the deadline earlier set for the expiration of the legal […]

TOP STORIES

Breaking: Court Stops Buhari, CBN, Others From Suspending Currency Swap Policy

Daily Dispatch February 6, 2023

An High Court of the Federal Capital Territory (FCT), on Monday, restrained President Muhammadu Buhari, Central Bank of Nigeria (CBN), the Governor of CBN and 27 commercial banks from suspending, stopping, extending or interfering with the currency swap terminal date of February 10 or issue any directive contrary to the said deadline. In a Motion […]