CBN

CBN Directs IMTOs To Convert Dollar Remittances From Diaspora To Naira Payments

The Central Bank of Nigeria (CBN) has instructed all international money transfer operators (IMTOs) to create naira settlement accounts and…

CBN Orders Geo-Tagging Of PoS Terminals In Nigeria

The Central Bank of Nigeria (CBN) has ordered that every Point of Sale (PoS) terminal in the country be fitted…

CBN Dismisses Claims Of N5,000 And N10,000 Banknotes Introduction

The Central Bank of Nigeria (CBN) has dismissed reports suggesting that it has introduced N5,000 and N10,000 banknotes, calling them…

“Suspend ATM Charges Hike” – House Of Reps Tell CBN

The House of Representatives has urged the Central Bank of Nigeria (CBN) to suspend the recent increase in Automated Teller…

CBN Imposes N100 Minimum Charges On ATM Transactions Effective March 1

The Central Bank of Nigeria (CBN) has announced a revision of Automated Teller Machine (ATM) transaction fees for banks and…

CBN Sets N100,000 Daily Limit On POS Withdrawals

The Central Bank of Nigeria (CBN) has announced a new daily cash withdrawal limit of N100,000 per customer for transactions…

CBN Plans To Retire 1,000 Employees With N50 Billion Payoff Package

The Central Bank of Nigeria (CBN) is reportedly set to retire around 1,000 employees as part of a workforce restructuring…

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