CBN clears $831m foreign airlines’ trapped funds – IATA
The International Air Transport Association, IATA has announced that the Central Bank of Nigeria has released international…
Browsing Tag
cbn
Reps to probe CBN sack of 600 staff members
On Wednesday, May 29, the House of Representatives authorised its banking institutions committee to look into the circumstances…
CBN releases approved guidelines for BDCs
The Central Bank of Nigeria (CBN) has authorised guidelines for Bureau De Change (BDC) operations across the country, while…
CBN links FX volatility to seasonal demands
he Central Bank of Nigeria (CBN) has blamed the foreign exchange market's instability on "seasonal demands".
CBN Governor…
JUST IN: OPay, Moniepoint, others to resume onboarding new customers in…
The Central Bank of Nigeria (CBN) has announced that mobile money operators, including fintech firms like OPay, Palmpay, Kuda…
CBN raises interest rate to 26.25 % amid soaring inflation levels
The Central Bank of Nigeria (CBN) has hiked interest rates by 150 basis points, from 24.75% to 26.25%.
Following a two-day…
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The Central Bank of Nigeria (CBN) has withdrawn its circular mandating banks and payment service providers to collect and remit…
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…