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…
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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…
NLC rejects Cybersecurity levy, says, it’s another burden on Nigerians
The Nigeria Labour Congress (NLC), on Tuesday, May 7, 2024 condemned and rejected the recent directive by the Central Bank of…
[FULL LIST] Those exempted from CBN’s 0.5% cybersecurity levy
The Central Bank of Nigeria has ordered banks in the country to begin imposing a cybersecurity fee on transactions.
‘Deductions commences in two weeks,’ CBN directs banks to…
The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to implement a 0.5 percent cybersecurity…
CBN stops Opay, Moniepoint, others from onboarding new customers
The Central Bank of Nigeria (CBN) has halted the onboarding of new customers by mobile money operators, including fintech firms…
CBN: We choose to combat galloping inflation against high unemployment
Dr Adetona Adedeji, Acting Director of the Central Bank of Nigeria's (CBN) Banking Supervision Department, has reaffirmed the…
Naira best performing currency globally- CBN
The Central Bank of Nigeria (CBN) governor, Yemi Cardoso, claims that the apex bank's foreign exchange reforms have made the naira…