CBN

CBN in U-turn withdraws cybersecurity levy

CBN in U-turn withdraws cybersecurity levy The Central Bank of Nigeria (CBN) has withdrawn the circular it issued to all commercial…

2 years ago

Panic in financial sector, others over depreciating naira at N1,500/$

Panic in financial sector, others over depreciating naira at N1,500/$ The depreciating value of Nigeria's currency, the naira, is causing…

2 years ago

CBN extends suspension of cash deposit charges by bank customers

CBN extends suspension of cash deposit charges by bank customers The Central Bank of Nigeria (CBN) has directed commercial banks…

2 years ago

CBN cybersecurity levy will worsen Nigerians’ situation – PRP

CBN cybersecurity levy will worsen Nigerians' situation - PRP The Peoples Redemption Party (PRP) has condemned the cybersecurity levy imposed on electronic…

2 years ago

CBN directs banks to start deducting cybersecurity levies from customers

CBN directs banks to start deducting cybersecurity levies from customers The Federal Government has directed commercial banks and other financial institutions…

2 years ago

CBN bans Opay, Palmpay, Moniepoint, Kuda from opening new accounts

CBN bans Opay, Palmpay, Moniepoint, Kuda from opening new accounts Some bank customers have expressed panic as the Central Bank of Nigeria…

2 years ago

FG borrows N3.8trn from CBN in 6 months, says new report

FG borrows N3.8trn from CBN in 6 months, says new report In the last six months of 2023, the Federal Government of…

2 years ago

Naira fall: Senator warns CBN against artificial measures

Naira fall: Senator warns CBN against artificial measures Senator Ned Nwoko, has advised the Federal Government and the Central Bank of…

2 years ago

Naira continues fall against dollar despite CBN $10,000 to BDCs

Naira continues fall against dollar despite CBN $10,000 to BDCs The Naira has failed to appreciate against the US dollar…

2 years ago

CBN releases more dollars as naira weakens to 1,300/$

CBN releases more dollars as naira weakens to 1,300/$ The naira depreciated further against the United States dollar at the…

2 years ago