DDM News
The Central Bank of Nigeria (CBN) has announced new withdrawal charges for ATM and PoS transactions. Diaspora digital media (DDM), gathered that these charges will take...
DDM News
The Central Bank of Nigeria (CBN) has announced that it will officially unveil the Nigerian Foreign Exchange (FX) Code on January 28, 2025. Diaspora digital media...
A 43-year-old man, Sunday Ozimede, has been arraigned before the Federal High Court in Lagos State for allegedly hacking into Moniepoint Microfinance Bank’s vault and stealing...
The Central Bank of Nigeria (CBN) has introduced two new account types designed to attract investments from Nigerians living abroad. The Non-Resident Nigerian Investment Account (NRNIA)...
The Central Bank of Nigeria (CBN) has revealed why it has set a daily withdrawal limit on point-of-sale (PoS) terminals to 100,000 Naira per customer. Diaspora...
The public has been informed by the Central Bank of Nigeria (CBN) that the old and redesigned naira notes will remain legal tender indefinitely. CBN’s Acting...
By Amaechi Okoro
The Central Bank of Nigeria (CBN) has issued a fresh update to clarify the continued validity of old Naira notes in the country. This clarification was...
The House of Representatives has resolved to invite the Central Bank of Nigeria’s Governor, Olayemi Cardoso, and the Chief Executive Officer of commercial banks to address...
The Federal High Court in Abuja has issued a significant ruling on Wednesday, enjoining the Central Bank of Nigeria (CBN) from disbursing financial allocations to the...
For nearly a week, Zenith Bank’s virtual platforms and ATM cards have been inexplicably inactive, inflicting untold hardship on millions of customers across Nigeria. This catastrophic...
Despite the economic hardship being experienced by majority of Nigerians, banks’ vaults are bustling with customer deposits. The latest report of the Central Bank of Nigeria,...
Nigerians are holding onto cash at an unprecedented rate with a staggering 94 percent of the currency outside the banking system. This Central Bank of Nigeria...
A high court in Ikeja, Lagos, Nigeria, has granted a 50 million Naira bail to the former Central Bank of Nigeria, Godwin Emefiele, today. Justice Rahmon...
With the upward review of capital requirements for commercial banks by the Central Bank of Nigeria (CBN), 13 banks have been told to raise about 3.31...
The Federal Government of Nigeria through the National Identity Management Commission, is to unveil an enhanced National Identity card layered with payment capabilities and social service...
By ETIM ETIM Another round of bank recapitalization orchestrated by the Central Bank of Nigeria, CBN, is here and for the next two years between April...
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Michael “Yemi” Cardoso, has stated that security agencies are on the trail of a whopping...
A very gory reality is unfolding before Nigerians. At a time when the best hands and brains in the country ought to be harnessed to kick...
In Nigeria today, there are about 190 billion Naira unclaimed dividends, according to the Nigeria Securities and Exchange Commission. There are many reasons why people left...
Amid biting economic realities, the Federal Government of Nigeria has firmed up its intent to audit the 23 trillion Naira Ways and Means debt incurred by...
The embattled former Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has launched a legal battle against the Senate President, Godswill Akpabio, for...
