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 ...
Tag: Central Bank of Nigeria
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. ...
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 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 ...
CBN lifts Ban on 43 Items, Unveils Plans to Provide Solutions to Foreign Exchange Market Pressure
The Central Bank of Nigeria (CBN) is hard at work to find solutions for the ongoing pressure facing Nigeria's currency, ...
