Breaking: Senate confirms Emefiele for second term
The Senate has just confirmed Dr. Godwin Emefiele as Governor of the Central Bank of Nigeria for a second term. Emefiele had been screened by […]
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CBN to Nigerians: report banks rejecting dirty naira notes
The Central Bank of Nigeria (CBN) yesterday asked bank customers to report any commercial bank that rejects dirty, soiled, worn out, defaced or mutilated naira […]
Gtbank Dominates CBN E-payments Awards, Wins 8 Out Of 12 Banking Honours
Guaranty Trust Bank plc continued its dominance of Nigeria’s most qualitative digital financial service awards for the fourth year in a row, winning eight of […]
Naira Gains Marginally Across Market Segments
The naira appreciated slightly against the United States dollars across various segments of the foreign exchange (forex) market yesterday on sustained supply of the greenback […]
[News] Banks To Pay N10,000 Fine For Failed Transaction Not Reversed Within 24hrs
The Central Bank of Nigeria (CBN) has issued a new directive that banks will pay a fine of N10,000 for every money transfer that exceeds […]
[News] Ahead MPC: CBN reflates forex market with $195m
THE Central Bank of Nigeria (CBN) again supported the foreign trade showcase on Monday by offering $195m in three segments of the market. In the […]
[News] Banks to resume dollar loans as naira appreciates
Signs have developed that Deposit Money Banks will soon begin to raise dollar-denominated loans, particularly Eurobonds, as the naira keeps on increasing in value. It […]
[News] : Cashless Policy: CBN suspends charges on large withdrawals
The Central Bank of Nigeria, has guided Deposit Money Banks to suspend charges on over-the-counter or ATM withdrawals of above N500,000 or store of same […]
CBN extends BVN registration for Nigerians in Diaspora
The Central Bank of Nigeria, CBN , has expanded the Bank Verification Number , BVN, enlistment exercise for […]