CBN retains MPR at 13.5 percent, raises CRR to 27.5
The Central Bank of Nigeria (CBN) has retained the monetary policy benchmark rate at 13.5 percent.
The Monetary Policy…
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CBN announces appointment, redeployment of directors
The Central Bank of Nigeria (CBN) has announced the appointment and redeployment of some directors.
A statement from the CBN…
CBN Reschedules First MPC for 2020
The Central Bank of Nigeria (CBN) has moved the first monthly Monetary Policy Committee (MPC) meeting for the year to a different…
CBN allays fears as foreign reserves dip to $38.3b
Though the Central Bank of Nigeria (CBN) has said Nigerians should not panic over the gradual decline in the foreign reserves,…
Ecobank adopts CBN’s reduced bank charges
Ecobank Nigeria has complied with the Central Bank of Nigeria’s recent directive on the reduction of bank charges.
The bank…
CBN slashes bank charges for ATM, transfers, others (Full List)
Central Bank of Nigeria has announced a new regime of charges banks can levy on their customers, including on Automated Teller…
CBN announces appointment of new Director Currency Operations
The Central Bank of Nigeria (CBN) has announced the deployment of Ahmed Bello Umar as the new Director, Currency Operations…
CBN approves OPay international money transfer in Nigeria
OPay, a provider of payment, ride-hailing, food delivery and loan services, has been given approval by the Central Bank of…
CBN Orders Banks to Move Services from Telcos Charging for USSD…
Commercial banks offering financial services to its customers through the use of the Unstructured Supplementary Service Data…
NECA cautions CBN on implementation of cashless policy
The Nigeria Employers’ Consultative Association (NECA) says the country’s economic environment is not ripe for full…