The Central Bank of Nigeria (CBN) has granted final approval to Ascensia Finance Company Limited to operate as a finance…
CBN injects $197.71 million to boost FX liquidity
The Central Bank of Nigeria (CBN) has supplied $197.71 million to the foreign exchange market through sales to authorised dealers.…
Just In: Senate confirms Ayogu as CBN Board Member
By Sola Isola The Nigeria Senate on Tuesday confirmed Professor Melvin Ayogu as a member of the Board of Directors…
Court stops CBN, others from withholding Kano LG allocations
A State High Court sitting in Kano on Monday issued a perpetual injunction restraining the Central Bank of Nigeria from…
CBN scraps free ATM withdrawals for other banks’ customers
The Central Bank of Nigeria has eliminated the three free monthly withdrawals previously allowed for customers using other banks’ ATMs.…
CBN sanctions nine banks for failing to dispense cash via ATMs
The Central Bank of Nigeria (CBN) says it has sanctioned some Deposit Money Banks (DMBs) for failing to make Naira…
1000 CBN staff left voluntarily, says Cardoso
Central Bank Governor Olayemi Cardoso said the 1,000 staff who left the services of the bank in December were not…
CBN sets N100,000 daily maximum cash-out limit for PoS operators
The Central Bank of Nigeria (CBN) has introduced a new policy to strengthen its drive towards a cashless economy, setting…
Reps ask CBN to clamp down on illegal digital loan platforms
The House of Representatives has urged the Central Bank of Nigeria (CBN) to shut down illegal loan platforms used by…
Just In: CBN Issues Fresh Directive Against Naira Hawkers, Orders Banks to Focus on ATM Cash Payments
The Central Bank of Nigeria (CBN) has directed banks to make sure cash is mostly given out through Automated Teller…