CBN Cracks Down on Banks Over Mint Naira Sales with N150M Fines
The Central Bank of Nigeria (CBN) has introduced stringent measures to combat the illegal flow of mint naira notes, imposing ...
Tag: CBN
CBN to Integrate Mortgage Banks and Microfinance Banks into GSI Platform For Loan Recovery Efficiency
The Central Bank of Nigeria (CBN) has unveiled plans to incorporate Primary Mortgage Banks (PMBs) and Microfinance Banks (MFBs) into ...
Industry Minister to Engage CBN Over $2.4bn FX Forward Contracts
The Minister of State for Industry, Senator Owan Enoh, has pledged to engage the Governor of the Central Bank of ...
How to Report Cash Scarcity at ATMs and Bank Branches to CBN – See Directory and Procedure
In a bid to enhance access to cash through Over-The-Counter (OTC) withdrawals and Automated Teller Machines (ATMs), the Central Bank ...
CBN Launches Redesigned Website with Enhanced Features
The Central Bank of Nigeria (CBN) has announced the launch of its newly redesigned website, which will go live on ...
Nigerian Government commences N50 Electronic Money Transfer Levy Deduction on Opay, Moniepoint, Kuda, and others
The Federal Government has commenced the implementation of the Electronic Money Transfer Levy (EMTL), charging N50 on electronic transactions of ...
CBN Launches Redesigned Website to Enhance Communication and Accessibility
The Central Bank of Nigeria (CBN) has unveiled its newly redesigned website, set to go live on Monday, December 2, ...
CBN Unveils Electronic FX Matching System to Stabilize Naira Exchange Rate
The Central Bank of Nigeria (CBN) is set to introduce an electronic foreign exchange (FX) matching system to address the ...
CBN Sets New Guidelines for FX Trading via EFEMS, Mandates $100,000 Minimum Trade
The Central Bank of Nigeria (CBN) has introduced new guidelines for interbank foreign exchange (FX) trading through its Electronic Foreign ...
CBN Extends Recapitalization Deadline for Bureaux De Change to June 2025
The Central Bank of Nigeria (CBN) has granted a six-month extension for Bureaux De Change (BDC) operators to meet new ...
