Search Results for: cbn
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News
SERAP asks court to stop CBN’s “unjust” ATM charges
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Central Bank of Nigeria (CBN) over its…
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News
NULGE blasts Governors for undermining LG autonomy, warns CBN
The National Union of Local Government Employees (NULGE) has cautioned the Central Bank of Nigeria (CBN) against assisting state governors…
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News
CBN’s anti-inflation policy is on the right track – Wale Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has praised the Central Bank of Nigeria’s (CBN)…
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News
Aging pipelines cripple Nigeria’s oil revenue – CBN
The Central Bank of Nigeria (CBN) has attributed the sharp decline in oil revenue during the third quarter of 2024…
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News
Tajudeen Abbas questions CBN on sacking 1,000 Staff amid hard times
The Speaker of the House of Representatives, Tajudeen Abbas, has called on the Central Bank of Nigeria (CBN) to explain…
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News
CBN imposes ₦150 Million fine on banks fueling Naira hawking
The Central Bank of Nigeria (CBN) has imposed a hefty penalty of ₦150 million on Deposit Money Banks (DMBs) caught…
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News
Just In: CBN raises interest rate to 27.50%
The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) from 27.25 percent to 27.50 percent. This…
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Viral Gist
Woman begs CBN to permanently scrap POS businesses
A Nigerian woman recently took to social media platform X (formerly Twitter) to express frustration over POS businesses, calling on…
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News
Court restrains CBN from releasing allocation to Rivers State
A Federal High Court located in Abuja has issued an order preventing the Central Bank of Nigeria (CBN) from continuing…
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Economy & Business News
CBN raises interest rate to 27.25 per cent
The Central Bank of Nigeria’s Monetary Policy Committee has decided to raise the benchmark interest rate, or monetary policy rate…
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News
CBN slashes cybersecurity levy on bank transfers to 0.005%
Central Bank of Nigeria (CBN) slashes the cybersecurity levy on electronic transactions from the protested 0.5% to 0.005% in its…
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News
Reps direct CBN to halt implementation of cybersecurity levy
The House of Representatives on Thursday directed the Central Bank of Nigeria (CBN) to halt the implementation of the cybersecurity levy.…
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News
Former CBN director reveals how he allegedly received $600,000 as contract gratification for Emefiele
Mr. John Ayoh, a former Director of Information Technology at the Central Bank of Nigeria (CBN), has come forward with…
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News
CBN stops Moniepoint, Palmpay, Opay, Kuda from onboarding new customers following alleged illicit foreign exchange transactions
The Central Bank of Nigeria (CBN) has issued a directive to four fintech companies, instructing them to temporarily stop onboarding…
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News
CBN warns bank customers to stop using forex as collateral for Naira loans
The Central Bank of Nigeria (CBN) has issued a warning to bank customers, urging them to avoid using foreign currency…
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News
Former CBN governor, Emefiele remanded for alleged abuse of office, involvement in $4.5bn, N2.8bn fraud
According to recent reports, Mr. Godwin Emefiele, the former Governor of the Central Bank of Nigeria, has been remanded by…
