Search Result for: cbn
CBN denies plans to revoke licences of Unity Bank, Polaris Bank, Keystone Bank
The Central Bank of Nigeria (CBN) has described as false the news that it is planning to revoke the licenses of Unity,...
Update: CBN revokes Heritage Bank’s operating license, appoints NDIC as liquidator
The Central Bank of Nigeria (CBN) has revoked the license of Heritage Bank Plc with immediate effect. The Acting Director of Corporate...
Just In: CBN Revokes Operating License Of Heritage Bank Plc
The Central Bank of Nigeria (CBN), has revoked the license of Heritage Bank Plc with immediate effect. The move is in accordance...
Court Seizes $4.7m, N830m, other properties recovered from Ex-CBN Gov. Emefiele
The Federal High Court sitting in Lagos has ordered an interim forfeiture of the sums of $4.7 million, N830 million, and several...
Breaking: OPay, Moniepoint, Others To Resume Onboarding New Customers ‘In Months’ – CBN
The Central Bank of Nigeria (CBN) has announced that mobile money operators, including fintech firms like OPay, Palmpay, Kuda Bank, and Moniepoint,...
Updated: CBN raises interest rate to 26.25% amid rising inflation
The CBN’s Monetary Policy Committee (MPC) has increased the benchmark interest rate by 150 basis points, from 24.75 percent to 26.25 percent,...
Again, CBN raises Monetary Policy Rate to 26.5%
The Central Bank of Nigeria (CBN) has again increased the Monetary Policy Rate (MPR) from 24.75 percent to 26.5 percent.The MPR is...
Presidential intervention: CBN withdraws circular on cybersecurity levy
The Central Bank of Nigeria (CBN) has withdrawn its directive to banks and payment service providers to collect and remit the cybersecurity...
Reps ask CBN to suspend implementation of 0.5% cybercrime levy
The House of Representatives, during Thursday’s plenary session, has directed the Central Bank of Nigeria (CBN) to halt the implementation of the...
Reps. stand down motion for suspension of CBN’s cybersecurity levy
The House of Representatives has stepped down the motion to suspend the cybersecurity levy introduced by the Central Bank of Nigeria, which...
CBN’s Cybersecurity Levy: 16 banking transactions exempted
The Apex Bank has released a list of the 16 banking transactions that are exempt in its directive to banks to start...
CBN directs banks to charge 0.5% cybersecurity levy on transactions
The Central Bank of Nigeria (CBN) has directed banks to implement a 0.5 percent cybersecurity levy on transactions by customers. In a...
CBN sells fresh dollars to BDCs at N1,021/$ 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...
