The Central Bank of Nigeria (CBN) has removed cash deposit limits and also increased the weekly cash withdrawal limit from N100,000 to N500,000. The CBN made...
The Central Bank of Nigeria (CBN) has directed Nigerian banks, payment service banks and other financial institutions to immediately withdraw all advertisements that violate consumer-protection rules....
No fewer than 14 Nigerian commercial banks are yet to meet the Central Bank of Nigeria’s recapitalisation requirement as the 31st March 2026 deadline inches closer....
The Monetary Policy Committee of the Central Bank of Nigeria has voted to retain the benchmark interest rate at 27 per cent. CBN Governor, Olayemi Cardoso,...
The Central Bank of Nigeria, CBN, has issued a definitive directive detailing how financial holding companies should calculate their minimum paid-up capital, following weeks of confusion...
The Socio-Economic Rights and Accountability Project has given the governor of the Central Bank of Nigeria, Olayemi Cardoso, a seven-day ultimatum to account for what it...
The Central Bank of Nigeria has directed Deposit Money Banks and other financial institutions to refund customers for failed Automated Teller Machine transactions within 48 hours,...
The Central Bank of Nigeria has rolled out fresh guidelines for agent banking, known as Point of Sales, across the country. The apex also in the...
The Central Bank of Nigeria has announced sweeping regulations to take control of the Nigerian fixed income market. The regulations expected to begin in November are...
The Central Bank of Nigeria has announced the creation of a dedicated Compliance Department aimed at enhancing oversight of non-prudential risks across the country’s financial system....