CBN Tackles Recalcitrant IMTOs Over Diaspora Remittances         The Central Bank of Nigeria (CBN) has expressed displeasure that some International Money Transfer Operators (IMTOs) continue to pay remittances in local currency contrary to its recent policy that granted unfettered access to forex from Diaspora and other...

CBN Website is Secure-Spokesman The management of Central Bank of Nigeria(CBN) has said that its website which was reportedly hacked is secure and no cause for alarm. In a statement by the Acting Director of Corporate Communications, Mr Osita Nwanisobi, the apex bank said contrary to...

CBN Warns Against Fraudulent Investment Schemes, Loan Offers       The Central Bank of Nigeria has asked the public to beware of fraudulent loan offers and investment schemes. The acting Director, Corporate Communications, CBN, Osita Nwanisobi, said this in a statement on Thursday entitled ‘Beware of fraudulent loan...