CBN

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…

By Tobias Sylvester

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…

Godwin Emefiele’s Wife, Margaret Declared Wanted By EFCC Over Money Laundering

Margaret Emefiele, the wife of the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been declared…

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