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All posts tagged "CBN"

  • nigerian money nigerian money nigerian money
    Business1 month ago

    CBN Releases Updated List of Banks Paying Customers the Highest Savings Interest Rates

    The Central Bank of Nigeria (CBN) has published the latest savings deposit rates for Deposit Money Banks and Merchant Banks, reflecting the current Monetary Policy Rate...

  • cbn open banking cbn open banking cbn open banking
    Business2 months ago

    Nigeria’s Open Banking to Go Live Soon, Says CBN

    The Central Bank of Nigeria (CBN) has assured that Nigeria’s open banking framework will go live soon.

  • minimum capital base minimum capital base minimum capital base
    Business2 months ago

    Nigeria’s Interbank Market Flooded With Cash as CBN Tightens Liquidity to Curb Inflation, Naira Pressure

    Despite a surge in market liquidity last week, the Central Bank of Nigeria (CBN) maintained an aggressive liquidity mop-up to curb inflation and stabilize the naira...

  • ATM withdrawal ATM withdrawal ATM withdrawal
    Business2 months ago

    CBN Orders Banks to Refund Failed ATM Transactions Within 48 Hours

    The Central Bank of Nigeria (CBN) has issued a draft guideline mandating banks to refund customers for failed ATM transactions within 48 hours.

  • naira cards naira cards naira cards
    Business5 months ago

    Nigerian Banks Resume Dollar Transactions on Naira Cards as Forex Reforms Take Hold

    The long-awaited return of dollar transactions on naira cards marks a major shift in Nigeria’s financial landscape...

  • $2.4 billion forex scam $2.4 billion forex scam $2.4 billion forex scam
    Business5 months ago

    Naira Gaining Preference Over Dollar, Says CBN Governor, Cardoso

    “Nigerians are having greater confidence in their own currency,” CBN Governor Olayemi Cardoso said Tuesday, citing a shift in preference from dollars to naira amid ongoing...

  • NairaDollarVerseNewsNG NairaDollarVerseNewsNG NairaDollarVerseNewsNG
    Business5 months ago

    Naira Surges to 4-Month High, Trades at N1,520/$

    The naira has surged to its strongest level in four months, trading at N1,520 per dollar in the official market

  • ATM Machine ATM Machine ATM Machine
    Business9 months ago

    BREAKING: Reps Order CBN To Suspend New ATM Charges, Free Withdrawals Ban

    The House of Representatives has directed the CBN to suspend increased ATM charges and the removal of free interbank withdrawals.

  • I Have Over N100M With Heritage Bank - BBN Mercy Eke Cries Out As CBN Revokes Bank's License I Have Over N100M With Heritage Bank - BBN Mercy Eke Cries Out As CBN Revokes Bank's License I Have Over N100M With Heritage Bank - BBN Mercy Eke Cries Out As CBN Revokes Bank's License
    Entertainment2 years ago

    I Have Over N100M With Heritage Bank – BBN Mercy Eke Cries Out As CBN Revokes Bank’s License

    BBNaija 2019 winner Mercy Eke expressed concern on social media after the Central Bank of Nigeria revoked Heritage Bank's license, affecting her deposit of over N100...

  • BREAKING: Tinubu Orders CBN To Suspend Implementation Of Cybersecurity Levy BREAKING: Tinubu Orders CBN To Suspend Implementation Of Cybersecurity Levy BREAKING: Tinubu Orders CBN To Suspend Implementation Of Cybersecurity Levy
    News2 years ago

    BREAKING: Tinubu Orders CBN To Suspend Implementation Of Cybersecurity Levy

    President Tinubu orders the suspension of the 0.5 percent cybersecurity levy on electronic transactions following public criticism.