CBN sets one-month deadline for dual PoS connectivity
The Central Bank of Nigeria (CBN) has directed all financial institutions, acquirers, and payment service providers to adopt…
Browsing Tag
cbn
CBN delists non-compliant BDCs after fresh license issuance
All legacy Bureau De Change operators that did not meet the Central Bank of Nigeria’s new licensing standards have automatically…
CBN grants operating licences to 82 BDCs
The Central Bank of Nigeria (CBN) has granted licences to 82 bureau de change (BDCs) to operate under its revised guidelines from…
CBN revises cash withdrawal policy ahead of 2026 implementation
The Central Bank of Nigeria (CBN) has introduced new cash withdrawal regulations set to take effect in January 2026.
According…
CBN directs banks, other financial institutions to withdraw non-compliant…
The Central Bank of Nigeria (CBN) has directed banks, payment service banks (PSB), and other financial institutions (OFI) to…
Nigeria’s FX market now more transparent with $500m daily turnover —…
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says the country’s foreign exchange (FX) market is now…
Why we can’t introduce new economic intervention schemes for now…
The Central Bank of Nigeria (CBN) says it cannot introduce new intervention programmes because N4.69 trillion of past…
16 banks have met CBN’s capital requirements — Cardoso
The Central Bank of Nigeria (CBN) has announced that 16 banks have now fully satisfied the regulatory capital requirements.…
CBN retains interest rate at 27%
The Monetary Policy Committee of the Central Bank of Nigeria has kept the benchmark interest rate unchanged at 27 per cent,…
CBN warns public against unlicensed Zuldal Microfinance Bank
The Central Bank of Nigeria (CBN) has clarified that it has no affiliation with "Zuldal Microfinance Bank Limited", stating…