CBN Grants Banks Approval to Trade Idle FX Deposits in Some Dormant Accounts
The Central Bank of Nigeria (CBN) has given the green light to the commercial, merchant, and non-interest banks operating in ...
Tag: Central Bank of Nigeria
First Bank Customers to Experience Service Disruptions from October 26 …All You Need to Know and Prepare For
First Bank, one of Nigeria's leading tier-1 banks, has announced its plans to transition to a new cloud-based procurement and ...
CBN, BOI, and DBN Partner to Close N294bn Funding Gap for Women Entrepreneurs in Nigeria
In a major move aimed at closing the N294 billion funding gap affecting women-owned and women-led businesses, the Central Bank ...
Central Bank of Nigeria Updates List of Deposit Money Banks
The Central Bank of Nigeria (CBN) has published an updated list of deposit money banks and other financial institutions on ...
Central Bank of Nigeria Suspends Cash Deposit Charges Until September 30, 2024
The Central Bank of Nigeria (CBN) has suspended charges on cash deposits until September 30, 2024. In a circular dated ...
Commercial Banks Resume Cash Deposit Processing Fees in Nigeria
Commercial banks in Nigeria have begun notifying their customers about the reintroduction of processing fees on cash deposits for both ...
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 ...
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 ...
Central Bank of Nigeria Unveils New Minimum Capital Requirements for Banks
The Central Bank of Nigeria (CBN) has announced new minimum capital requirements for banks, aimed at strengthening the financial system ...
Central Bank of Nigeria Lifts Cryptocurrency Transaction Ban for Banks, But Restrictions Remain
The Central Bank of Nigeria (CBN) has lifted the embargo previously imposed on cryptocurrency transactions within the country's banking sector. ...
