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The Central Bank of Nigeria (CBN) has introduced a daily withdrawal limit of N100,000 per customer for point-of-sale (PoS) terminals. In a circular sent to all...
The Central Bank of Nigeria (CBN) says banks facilitating illicit flow of mint naira notes will face N150 million fine per branch. In a circular signed...
In a continuation of the Central Bank of Nigeria’s (CBN) increased scrutiny of fintech startups, two of the country’s most prominent unicorns, Moniepoint and OPay, were...
The Central Bank of Nigeria (CBN), on Friday, advised bank customers to report any difficulties withdrawing cash from bank branches or ATMs to the apex bank...
The Central Bank of Nigeria (CBN) has directed banks to prioritise cash disbursement through automated teller machines (ATMs). CBN gave the directive in a circular to...
The Federal High Court in Abuja, on Wednesday, restrained the Central Bank of Nigeria, CBN, from further releasing monthly financial allocations to Rivers State government. The...
The House of Representatives has called on the Central Bank of Nigeria (CBN) to begin the gradual withdrawal of old N200, N500, and N1,000 notes from...
The Federal High Court in Lagos, on Thursday, ordered the interim forfeiture of $2.04m and seven properties connected to former Governor of the Central Bank of...
The Central Bank of Nigeria (CBN) has approved the merger of Providus Bank and Unity Bank. The apex bank, in a statement signed by the acting...
On May 29, 2023, the three toughest jobs in Nigeria were the job of the President of Nigeria, the Governor of the Central Bank and the...
