Search Result for: cbn

Reps ask CBN to suspend implementation of 0.5% cybercrime levy

The House of Representatives, during Thursday’s plenary session, has directed the Central Bank of Nigeria (CBN) to halt the implementation of the...

Reps. stand down motion for suspension of CBN’s cybersecurity levy

The House of Representatives has stepped down the motion to suspend the cybersecurity levy introduced by the Central Bank of Nigeria, which...

CBN’s Cybersecurity Levy: 16 banking transactions exempted

The Apex Bank has released a list of the 16 banking transactions that are exempt in its directive to banks to start...

CBN directs banks to charge 0.5% cybersecurity levy on transactions

The Central Bank of Nigeria (CBN) has directed banks to implement a 0.5 percent cybersecurity levy on transactions by customers. In a...

CBN sells fresh dollars to BDCs at N1,021/$ as naira loses steam

The Central Bank of Nigeria (CBN) has issued another circular to Bureau De Change (BDC) operators, informing them that direct sales of...

Naira bullish gains restore confidence among investors, businesses – CBN Gov. Cardoso

The Governor of the Central Bank of Nigeria (CBN), Dr. Yemi Cardoso, said Naira bullish gains will attract foreign investment and restore...

How I collected $3m cash for Emefiele, CBN employee testifies in court

A Central Bank of Nigeria (CBN) employee, Monday Osazuwa, on Friday told an Ikeja Special Offences Court how the former apex bank...

Ex-CBN Gov. Emefiele remanded in EFCC custody

A Lagos High Court sitting in Ikeja has remanded a former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, in...

Breaking: CBN sells $10,000 to BDCs at N1,101/$

The Central Bank of Nigeria (CBN) on Monday announced the sale of dollars to Bureau de Change operators. In a statement signed...

Ex-CBN Gov. Emefiele arrives Lagos court, faces fresh 26-count charge

Godwin Emefiele, the immediate past Central Bank of Nigeria Governor, has arrived at the Ikeja State High Court in Lagos for his...

FG, CBN, NISS plan new national ID card with payment, social services features

The National Identity Management Commission (NIMC) has announced that it will soon introduce an enhanced National Identity card that includes payment capabilities...

Tinubu lauds Obazee, CBN Special Investigator, as he concludes assignment

Mr. Jim Obazee, the Special Investigator of the Central Bank of Nigeria (CBN), and other related entities has received presidential commendation for...

Ex-CBN Gov. Emefiele faces fresh 26-count charge

The Economic and Financial Crimes Commission (EFCC) has filed a fresh 26-count charge bordering on abuse of office and corruption against the...

Breaking: Nigerian economy bounces stronger with over $1.5bn inflow, says CBN

The Nigerian economy has witnessed an impressive turn-around in the past few days as it records an inflow of over $1.5 billion,...

Updated: We raised interest rate to 24.75 percent to fight inflation – CBN

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) said it hiked the benchmark interest rate by 200 basis...

Just In: Again, CBN increases interest rate to 24.75 percent

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has hiked the benchmark interest rate by 200 basis points...