CBN

The Central Bank of Nigeria (CBN) has warned that it will sanction banks that force customers to withdraw less than N20,000 per transaction from Automated Teller Machines (ATMs) despite having …

The Central Bank of Nigeria (CBN) has announced a review on the transaction fees for automated teller machines (ATMs). In a circular signed by John Onojah, acting director of the …

The Central Bank of Nigeria (CBN) yesterday released new guidelines which permits Bureau de Change (BDC) operators to purchase up to $25,000 weekly from Authorised Dealer Banks (ADBs) to meet …

The Central Bank of Nigeria (CBN) has approved CFA Franc for the repatriation of export proceeds. The Executive Director of the Nigeria Export Promotion Council (NEPC), Mrs Nonye Ayeni, disclosed …

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says the apex bank is determined to curb inflation and stabilise the nation’s economy. He stated this in Abuja …

The World Bank and the International Monetary Fund (IMF) have called on the Central Bank of Nigeria (CBN) to remain steadfast in controlling inflation. Nigeria’s inflation rate increased to 34.8 …

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has unveiled a comprehensive strategy to tackle on-going commoditization of the naira, with the objective of reinstating its status as …

The governor of the Central Bank of Nigeria, Olayemi Cardoso has said the bank’s foreign reserves grew significantly by $6bn in 2024 alone, attributing the growth to the policy reforms …

The Central Bank of Nigeria (CBN) has fined First Bank, Union Bank, and seven other lenders for failing to disburse cash via Automated Teller Machines (ATMs) during the Christmas and …

Telecommunications operators are set to suspend Unstructured Supplementary Service Data (USSD) services in two weeks due to the failure of deposit money banks (DMBs) to settle a long-standing N250 billion …