The Central Bank of Nigeria (CBN) has introduced new rules limiting cash withdrawals on Point-of-Sale (PoS) machines to ₦100,000 per customer daily. This policy was shared...
The Central Bank of Nigeria (CBN) has announced strict measures to address the illegal supply of mint naira notes to currency hawkers. Any Deposit Money Bank...
The Central Bank of Nigeria (CBN) has reaffirmed the validity of all versions of the naira, including the old and redesigned ₦1000, ₦500, and ₦200 notes,...
By Benjamin Abioye
The Central Bank of Nigeria (CBN) has directed all deposit money banks to guarantee consistent cash availability both over-the-counter and through automated teller machines (ATMs) across...
The Central Bank of Nigeria (CBN) is planning to retire about 1,000 employees before the year ends. This decision is part of a strategic workforce realignment...
The Central Bank of Nigeria (CBN) has called on Nigerians to report any difficulties they encounter while withdrawing cash from bank ATMs or branches starting December...
The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) by 250 basis points, from 27.25% to 27.50%. This decision was made during...
The Federal Government has dismissed allegations that it has ceased disbursing funds to Rivers State following a recent court order. GWG.ng reports that on Friday, the...
The Central Bank of Nigeria (CBN) has warned the public about fake “Swift” messages and false claims regarding foreign currency transfers. This caution comes after several...
