The Central Bank of Nigeria has reassured the public, depositors, and stakeholders that the Nigerian banking sector remains resilient, safe, and sound. The CBN said […]
The Central Bank of Nigeria, CBN, says it has eliminated the three free monthly withdrawals transaction fees for customers using other banks’ Automated Teller Machine, […]
The naira depreciated on Monday’s official market, trading N1,495.60 to a dollar. Data from the FMDQ Security Exchange official forex trading platform revealed that the […]
The Central Bank of Nigeria, CBN, says it has sanctioned some Deposit Money Banks, DMBs, for failing to make Naira notes available through automated teller […]
The Central Bank of Nigeria (CBN) says banks facilitating illicit flow of mint naira notes will face N150 million fine per branch. In a circular […]
The governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says the bank’s reforms align with efforts to establish a stronger and more resilient […]
The Central Bank of Nigeria (CBN) has threatened to penalise deposit money banks (DMBs) that reject mutilated naira notes. In a statement on Thursday signed […]
The Central Bank of Nigeria has raised the capital basis of commercial banks with international authorisation to N500 billion and national banks to N200 billion. […]
…$10k for school fees, $5k for medical bills The Central Bank of Nigeria (CBN) has placed limits on the foreign exchange (FX) sales by Bureau […]
The Centre for the Promotion of Private Enterprise (CPPE) has urged the Central Bank of Nigeria (CBN) to peg the customs duty exchange rate at […]
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