Tag: CBN
Nigeria’s NIN enrollment hits 117.3 million
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According to the National Identity Management Commission (NIMC), the National Identification Number (NIN) enrollment in Nigeria has reached…
EFCC releases full list of Ponzi scheme operators in Nigeria
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The Economic and Financial Crimes Commission (EFCC) on Tuesday published a list of at least 58 companies that…
House of Reps directs CBN to suspend hike in ATM charges
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The House of Representatives on Tuesday directed the Central Bank of Nigeria(CBN) to suspend the increase in ATM…
Tech solutions key to financial inclusion, says CBN Governor at IMF conference
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At the Inaugural Economic Policy Conference for Emerging Market Economies which took place from February 16 to 17,…
No cause for alarm: CBN assures Keystone Bank customers after court’s forfeiture ruling
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The Central Bank of Nigeria (CBN) on Friday assured Keystone customers that banking operations were unaffected by the…
GTbank scraps POS fees as CBN increases ATM withdrawal charges
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Guarantee Trust Bank (GTBank) on Thursday scrapped processing fees on all of its point-of-sale (POS) terminals to support…
Nigerian government takes over crisis-marred Keystone Bank
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Keystone Bank has issued a statement announcing that the Federal Government of Nigeria now owns all of its…
CBN imposes N600 ATM charge for every N20,000 withdrawal
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The Central Bank of Nigeria (CBN) on Monday directed all banks to charge customers N600 for every N20,000…
CBN launches Nigeria Foreign Exchange Code to drive economic growth, stability
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Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), introduced the Nigeria Foreign Exchange Code (FX…
CBN unveils new naira payment system to improve MDAs payment turnaround times by 70%
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The Central Bank of Nigeria (CBN) has introduced a new naira payment system to improve payment turnaround times…
