CBN withdraws circular on cybersecurity levy
The Central Bank of Nigeria (CBN) has withdrawn its circular mandating banks and payment service providers to collect and remit…
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Court upholds CBN’s regulation on collection of customers’…
The Federal High Court in Lagos has ruled that a Central Bank of Nigeria (CBN) regulation requiring financial institutions to…
CBN kick starts strategy to double remittances, grants AIP to 14 New IMTOs
The Central Bank of Nigeria (CBN) has initiated plans to double the flow of foreign-currency remittances through formal channels…
JUST IN: FG suspends collection of Cybersecurity levy after nationwide…
The Federal Government has suspended the controversial cybersecurity levy on electronic banking transactions after the attendant…
CBN appoints 11 Pre-shipment Agents for Oil, Gas exports
The Central Bank of Nigeria (CBN), has selected 11 pre-shipment monitoring, and evaluation agents for oil and gas exports in…
Why interest rates will remain high for now – CBN Governor, Cardoso
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has said interest rates would remain high until inflation…
SERAP, BudgIT, 136 Nigerians drag CBN to court over cybersecurity levy
The Socio-Economic Rights and Accountability Project (SERAP), BudgIT, and 136 concerned Nigerians have initiated legal action…
Reps halt execution of CBN’s cybercrime levy
On Thursday, May 9, the House of Representatives urged the Central Bank of Nigeria (CBN) to immediately cease the implementation…
[FULL LIST] CBN releases list of licensed deposit money banks
The Central Bank of Nigeria (CBN) has published a detailed list of licensed Deposit Money Banks operating in the country.
This…
CBN relaxes restriction on repatriation of FX proceeds by oil firms
The Central Bank of Nigeria (CBN) has reduced its initial restriction on international oil companies operating in the country from…