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 ...
Tag: CBN
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 ...
IMF Affirms Support for Nigeria’s Economic Reforms
The Managing Director of the International Monetary Fund, Kristalina Georgieva, has commended Nigeria’s economic reforms under the leadership of President ...
FG Secures $500m World Bank Loan to Improve Power Distribution
The Federal Government has secured a $500 million loan from the World Bank to enhance the financial and technical capacities ...
Naira Struggles in the Black Market, Dips to N1,750/$
While the Nigerian currency weakened on the black market, official data from the FMDQ Exchange platform showed a slight improvement ...
