For Clarification Sake – CBN
The Central Bank of Nigeria took to their X(formerly called Twitter) handle to clarify the public about the misleading information suggesting that the Bank is […]
cbn
PRESS RELEASE: CBN re-introduces Publication of Key Economic Reports.
The Central Bank of Nigeria (CBN) has reintroduced the publication of several key economic reports, reaffirming its commitment to fostering transparency and accountability in the […]
BREAKING: CBN issues fresh guidelines for foreign currency deposit
The Central Bank of Nigeria (CBN) has issued fresh guidelines to Deposit Money Banks (DMBs) on the deposit of foreign currency notes with the apex […]
CBN Raises Interest Rate To 26.25 % Amid Soaring Inflation Levels
The Central Bank of Nigeria (CBN) has raised the interest rate by 150 basis points from 24.75 per cent to 26.25 per cent. Following a […]
COST OF ELECTRONIC TRANSACTIONS
CYBERSECURITY LEVY: SENDERS now bear….₦5 on ₦1,000₦50 on ₦10,000₦500 on ₦100,000₦5,000 on ₦1,000,000₦50,000 on ₦10,000,000 STAMP DUTY: RECEIVERS bear….₦50 on ₦10,000₦50 on ₦100,000₦50 on ₦1,000,000₦50 […]
BREAKING: CBN orders banks to charge 0.5% cybersecurity levy on transactions
A circular from the apex bank on Monday disclosed that the implementation of the levy would start two weeks from today. The circular was directed […]
PalmPay, Kuda, Opay, Others Warn Customers Against Crypto Trading
Nigerian fintech companies have warned their customers against trading in cryptocurrency or any virtual currency on their apps, threatening to block any accounts found engaging […]
CBN to Permit Bureau de Change Operators to Resume Foreign Exchange Activities
CBN to Possibly Permit Bureau de Change Operators to Resume Foreign Exchange Activities In a potentially significant development for Nigeria’s foreign exchange market, Aminu Gwadabe, […]
CBN Introduces Stricter Regulations for Foreign Exchange Sellers to BDCs
In a bid to enhance transparency and stability in the foreign exchange market, the Central Bank of Nigeria (CBN) has announced new regulations requiring foreign […]
Interpol Manhunt: CBN Staff and Accomplices Wanted in $6.23 Million Scam
In a move to combat financial fraud within the Central Bank of Nigeria (CBN), President Bola Tinubu’s appointed Special Investigator has taken decisive action. Following […]
Press Release: Operational Changes to the Foreign Exchange Market -CBN
Press Release: Operational Changes to the Foreign Exchange Market
We Will Continue To Focus on Moderating Inflation : CBN GOVERNOR
Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele assures of continued supervision of Nigerian banks to make them resilient. He welcomes the endorsement of […]
Lady Share Her Experience Spending New Naira Note
“…………I almost regretted accepting it from the POS agent” She said I received the new 1000 Naira note today from a POS operator. But when […]
Emefiele gets court nod to contest 2023 presidency while retaining CBN job
The Delta State High Court sitting in Kwale division has issued a restraining injunction that bars the Board of Central Bank of Nigeria and Independent […]