Tag: CBN
Amid soaring inflation levels, CBN raises interest rate to 26.25 %
The Central Bank of Nigeria (CBN) has raised the interest rate by 150 basis points from 24.75 per cent to 26. 25 ...CBN withdraws circular on cybersecurity levy
The Central Bank of Nigeria has retracted its directive asking banks and payment service providers to collect and remit the cybersecurity levy ...Suspend charges on deposits till September, CBN directs banks
The Central Bank of Nigeria (CBN) has instructed deposit money banks and other financial institutions to halt the processing fees on deposits ...Everything you need to know about CBN’s new Cybersecurity levy
The Central Bank of Nigeria just issued an order to all banks operating within the country to impose a cybersecurity levy on ...CBN stops Opay, Palmpay, Moniepoint, Kuda from registering more customers
The Central Bank of Nigeria has ban four mobile money and fintech firms from registering more customers. The directive spread panic among ...CBN not using foreign reserves to defend naira, says Cardoso
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, says the country is not using its foreign reserves to defend the ...CBN Sells $10,000 To Over 1,500 BDCs At N1,101/$
The Central Bank of Nigeria has announced the sales of dollars to 1, 588 Bureau De Change (BDC) operators to meet retail ...Nigerians owe CBN N261.07bn COVID-19 loan – Report
The Central Bank of Nigeria has released a strong affirmation of the security of cash within Nigerian banks, highlighting the country’s banking ...CBN push up commercial bank’s capital base to N500bn
The Central Bank Nigeria on Thursday unveiled new minimum capital requirements for banks, pegging the minimum capital base for commercial banks with ...CBN increases interest rate to 24.75%
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which benchmarks interest rates, ...
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