THE Central Bank of Nigeria, CBN, has cut its interest rate to 23 per cent from 26.5 per cent. The…
THE Central Bank of Nigeria (CBN) has revoked the operating licenses of 46 Microfinance Banks (MfBs) with effect from July…
THE Central Bank of Nigeria has extended the enforcement deadline for the geo-fencing of Point-of-Sale (PoS) terminals to August 1,…
News Update The Monetary Policy Committee (MPC) of the Central Bank of Nigeria on Wednesday retained all major monetary policy…
News Update The Central Bank of Nigeria, CBN, has raised the cost of issuing and replacing Automated Teller Machine, ATM,…
The Central Bank of Nigeria (CBN) has issued new directives to banks and financial institutions aimed at strengthening electronic payment…
THE monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has reduced the monetary policy rate (MPR) from…
The Central Bank of Nigeria (CBN) has classified “money bouquets” as a form of naira abuse, adding it to offences…
The Central Bank of Nigeria, CBN, has disclosed that payment system downtime and service interruptions increased significantly during the December festive…
The Central Bank of Nigeria (CBN) has upgraded the licenses of major FinTech companies and Microfinance Banks, including Opay and…