Breaking: Nigerians to Pay 0.5% Cybersecurity Fee on Banking Transactions
In a bid to enhance cybersecurity measures, the Central Bank of Nigeria (CBN) has issued a directive to deposit money ...
Tag: CBN
Nigeria Unveils Innovative National ID Card with Payment Functionality
The Nigerian government, in collaboration with the National Identity Management Commission (NIMC), Central Bank of Nigeria (CBN), and Nigeria Inter-bank ...
N500, 000 BOI and CBN Grant is NOT Real! Bank of Industry Issues Warning Against Grant Scams on Social Media
The Bank of Industry (BoI) has issued a cautionary statement advising the public to be wary of grant application messages ...
CBN Approves Second Tranche of Forex Sale to BDCs, Tightens Regulations
The Central Bank of Nigeria (CBN) has greenlit a second tranche of foreign exchange (FX) sales to eligible Bureau De ...
CBN Supplies N100bn Worth of Fertilizers to Boost Food Production in Nigeria
The Central Bank of Nigeria (CBN) has handed over N100 billion worth of fertilizers to the Federal Ministry of Agriculture ...
CBN Bans Banks, Fintechs From International Money Transfers with a 1,900% Increase in License Application Fee
In a significant move, the Central Bank of Nigeria (CBN) has barred banks and fintechs from participating in international money ...
Central Bank of Nigeria to Tackle Inflation, Exchange Rate Challenges in 2024
In a presentation to the National Assembly joint committee on Banking, Insurance, and Financial Institutions, Olayemi Cardoso, the Governor of ...
CBN Assures That Nigerian Banks Remain Resilient
The attention of the Central Bank of Nigeria (CBN) has been drawn to reports in some media outlets suggesting that ...
CBN Suspends Charges on Cash Deposits with Instant Effect
The Central Bank of Nigeria (CBN) has announced the suspension of processing charges on cash deposits by commercial banks nationwide. ...
CBN to Freeze Bank Accounts Without BVN or NIN from April 2024
In a significant move to reinforce financial system stability and enhance Know Your Customer (KYC) protocols, the Central Bank of ...
