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The Central Bank of Nigeria (CBN) has granted Bureau de Change (BDC) operators temporary permission to purchase up to $25,000 weekly in foreign exchange from the...
The Central Bank of Nigeria, CBN, has set a daily withdrawal limit on Point-of-Sale, PoS, terminals to N100,000 per customer. This was contained in a circular...
The Central Bank of Nigeria (CBN) has recently implemented a new policy limiting daily transactions for Point of Sales (PoS) agents to N1.2 million. Eko Hot...
Following cash crunch in Nigeria, a Kogi State born political activist and immediate past House of Representative candidate for Dekina/Bassa federal constituency, Usman Okai Austin, on...
The Chartered Institute of Bankers of Nigeria (CIBN) has expressed concerns about the negative effects of certain government policies, including the removal of the fuel subsidy...
The Central Bank of Nigeria (CBN) has imposed a fine of ₦150 million on Deposit Money Banks (DMBs) found guilty of supplying mint naira notes to...
The Central Bank of Nigeria, CBN, has imposed a fine of N150 million on Deposit Money Banks found culpable of issuing illegal flow of mint naira...
The Central Bank of Nigeria (CBN) has clarified that all naira banknotes, including the old and new designs of the ₦1000, ₦500, and ₦200 denominations, as...
The Central Bank of Nigeria (CBN) says all denominations of Naira banknotes currently in circulation remain indefinitely valid as legal tender and cannot expire or be...
The naira appreciated against the dollar in both the official and parallel foreign exchange markets on Thursday. According to data from the Central Bank of Nigeria...