CBN

CBN reveals three dangers to Nigeria’s External Reserves

Keep up with latest news and be part of our weekly giveaways and airtime sharing, follow our WhatsApp channel for…

2 months ago

Do you have dormant accounts with unclaimed balances? CBN announces fresh guidelines for Nigerian banks

All banks and other financial institutions in the nation have been instructed by the Central Bank of Nigeria, or CBN,…

4 months ago

CBN reveals stance on banks’ license withdrawals

The Central Bank of Nigeria denied reports that, following the licence revocation of Heritage Bank, it intends to revoke the…

5 months ago

CBN lifts ban on Opay, Moniepoint, two other fintech banks

With immediate effect, the Central Bank of Nigeria, or CBN, has reversed its prohibition on accepting new clients that was…

5 months ago

Why CBN sacked 200 workers amid hardship

Two hundred employees of the Central Bank of Nigeria are said to have been let go due to financial difficulties.…

6 months ago

CBN sends warning to all banks on Cybersecurity levy

The Central Bank of Nigeria (CBN) has directed all banks to halt the application of a 0.5% cybersecurity fee following…

6 months ago

CBN: Cardoso reveals what MPC will do to bring down Nigeria’s inflation

Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), has stated that the MPC members will take whatever…

6 months ago

CBN: Things to know about Cybersecurity levy on electronic transactions in Nigeria

Nigerians are angry at the Central Bank of Nigeria's recently implemented 0.5% cybersecurity levy.  The Cybercrimes (Prohibition, Prevention, etc.) (Amendment)…

6 months ago

CBN governor, Cardoso reveals why there’s hyper food inflation

According to Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), one factor driving the nation's skyrocketing food…

6 months ago

Illicit FX transaction: Opay breaks silence over CBN restriction

Following the latest limitation by the Central Bank of Nigeria, Opay, a financial technology bank in Nigeria, announced that it…

6 months ago