Nigerians don’t read enough, only 2,000 people downloaded a CBN document—Cardoso
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), has asked Nigerians to engage more with key policy documents,…
CBN launches BVN platform for Nigerians in diaspora, targets $1bn monthly remittances
The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), has launched the non-resident bank…
Suspend ATM charges hike, reps tell CBN
Following a motion of urgent public importance, the House of Representatives has passed a resolution calling for the suspension of…
New ATM transaction fees begin March 1, says CBN
The Central Bank of Nigeria (CBN) has reviewed upwards the fees charged on Automated Teller Machine (ATM) withdrawals effective March…
CBN sanctions nine banks for hoarding cash
NINE Deposit Money Banks (DMBs) are to pay a N1.35 billion fine for failing to adequately load their Automated Teller…
1000 CBN staff left voluntarily, says Cardoso
Central Bank Governor Olayemi Cardoso said the 1,000 staff who left the services of the bank in December were not…
Supply of mint naira to hawkers will attract N150m fine, CBN warns banks
The Central Bank of Nigeria (CBN) says banks facilitating illicit flow of mint naira notes will face N150 million fine…
No aggregators, no business—CBN to PoS operators
The Central Bank of Nigeria has directed that all Point of Sale operators must route transactions through licensed payment terminal…
CBN revokes Heritage Bank’s licence
The Central Bank of Nigeria has revoked the banking licence of Heritage Bank Plc, effective immediately. This decision was made…
Reps investigate mass sacking of CBN staff
House of Representatives has resolved to look into the mass retrenchment exercise by the Central Bank of Nigeria. The lawmakers…
CBN orders existing BDCs to reapply for new license
The Central Bank of Nigeria (CBN) yesterday released new operational guidelines for Bureau De Change, BDCs, and directing existing operators…
Just In: Reps direct CBN to suspend cybersecurity levy
The House of Representatives Thursday asked the Central Bank of Nigeria to withdraw the circular directing all banks to commence…
