Tag: CBN
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…
CBN orders immediate suspension of export proceeds repatriation extensions
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The Central Bank of Nigeria (CBN) has announced the immediate suspension of extensions for export earnings repatriation requests,…
CBN speaks on exit of 1,000 staff, N50 billion severance plan
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The Central Bank of Nigeria (CBN) has clarified that the 1,000 employees who left their positions in December…
CBN, SEC approve FCMB’s N147bn rights offer, attracting over 42,000 investors
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The Securities and Exchange Commission (SEC) and the Central Bank of Nigeria (CBN) have approved FCMB Group’s N147…