CBN

CBN appoints 16 new directors amid major leadership shake-up

The Central Bank of Nigeria has appointed 16 new directors across key departments in…

SERAP urges Tinubu to stop ATM fee increase

The Socio-Economic Rights and Accountability Project has called on President Bola Tinubu to direct…

CBN confirms N100 ATM fee for withdrawals below N20,000

The Central Bank of Nigeria has confirmed that Nigerians withdrawing less than N20,000 from…

CBN clears $7bn forex backlog, boosts investor confidence

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has announced that the…

CBN clarifies voluntary exit of 1,000 staff, N50bn severance package

The Central Bank of Nigeria has reaffirmed that the 1,000 staff members who disengaged…

CBN reiterates indefinite validity of old Naira notes

The Central Bank of Nigeria has announced that all versions of the naira, including…

CBN allocates N1.73tn for food imports amid inflation 

The Central Bank of Nigeria allocated N1.73 trillion for food imports in the first…

CBN resumes dollar sales to BDCs

The Central Bank of Nigeria announced the resumption of dollar sales to bureaux de…

Fintech: CBN warns of increasing risk of non-bank money transfers

The Central Bank of Nigeria has warned about the rising transaction volumes of Non-Bank…

CBN ends price verification system for importers accessing forex

The Central Bank of Nigeria has announced it will no longer use the Price…

CBN debunks plans to revoke, Unity, Polaris, Keystone banks licenses

The Central Bank of Nigeria has firmly denied alleged plans to revoke the licenses…

Financial sector will see more Islamic banks – CBN

The Central Bank of Nigeria announced that the financial sector will see more Islamic…

CBN suspends charges on cash deposits until September 30

The Central Bank of Nigeria has announced the suspension of charges on cash deposits…

Nigerians to pay 0.5% cybersecurity levy on bank transactions

Banks in Nigeria will soon introduce a 0.5% cybersecurity levy on electronic transactions, as…

FG borrows N3.8trn from CBN in six months

The Federal Government of Nigeria has reportedly borrowed an additional N3.8 trillion from the…