CBN

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 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…

CBN Revokes Heritage Bank License With Immediate Effect, Gives Reasons

The Central Bank of Nigeria (CBN) has revoked the license of Heritage Bank Plc with immediate effect. The CBN spokesperson,…

Cybersecurity Levy: Tinubu Is More Interested In Milking A Dying Economy – Peter Obi

The presidential candidate of the Labour Party (LP), Peter Obi has strongly criticized the decision of President Bola Tinubu's government…

CBN Directs Nigerian Banks To Impose 0.5% Cybersecurity Levy On All Transactions

The Central Bank of Nigeria (CBN) has mandated banks operating within the country to start charging a cybersecurity levy on…

CBN Bans Use Of Foreign Currency As Collateral To Collect Naira Loans From Banks

The Central Bank of Nigeria (CBN) has issued a directive prohibiting the use of foreign currency (FCY) as collateral for…

South-East Nominee, Kalu Eke Rejects President Tinubu’s Appointment Into CBN Board

Urum Kalu Eke, nominated for the Central Bank of Nigeria Board of Directors, has declined the appointment extended by President…

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