CBN grants IMTOs access to trade on official market
The Central Bank of Nigeria (CBN) has announced that procedures have been implemented to allow eligible international money transfer operators ...
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Tag: CBN
CBN ban: Opay, Kuda issue strict guidelines for account opening
Financial technology firms Kuda Microfinance and OPay have resumed onboarding new customers following a directive from the Central Bank of ...
CBN nullifies Heritage Bank’s licence
Effective immediately, the Central Bank of Nigeria (CBN) has terminated Heritage Bank Plc's licence. The regulator stated that the decision ...
BDC agents reject new CBN licensing guidelines
The Central Bank of Nigeria has mandated all existing Bureau De Change (BDC) Operators to re-apply for new licenses in ...
CBN raises interest rate to 26.25%
The Central Bank of Nigeria (CBN) has again raised the Monetary Policy Rate by 150 basis points to 26.25 Per ...
Emefiele pleads not guilty to ‘illegal printing of naira notes
The Economic and Financial Crimes Commission (EFCC) has charged Godwin Emefiele, the former governor of the Central Bank of Nigeria ...
Tinubu orders CBN to suspend implementation of cybersecurity levy
President Bola Tinubu has requested that the Central Bank of Nigeria suspend the controversial cybersecurity levy policy and conduct a ...
IMF cautions FG against CBN Act amendment
The International Monetary Fund (IMF) has cautioned the Federal Government against the proposed amendment of the Act establishing the Central ...
CBN releases list of licenced deposit money banks
The Central Bank of Nigeria has released list of of licensed Deposit Money Banks (DMBs) currently operational in the nation, ...
CBN orders banks to charge 0.5% cybersecurity levy on electronic transactions
The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to apply a 0.5% cybersecurity fee on ...
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