‘Authorized!’ CBN issue order for banks to apply I&E window rate to PAPSS payment
The Central Bank of Nigeria (CBN) has instructed commercial banks to use the importer and exporter window (I&E) exchange rate ...
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Tag: CBN
‘Promoting financial system stability’ CBN moves to prevent BVN infringers from banking services
The Central Bank of Nigeria (CBN) has announced a revised regulatory framework and watchlist for bank verification number (BVN) activities ...
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‘Comprehensively!’ Fintech, risks require thorough grasp, CBN says
The Central Bank of Nigeria (CBN) has emphasized that it requires a comprehensive understanding of Fintechs and the risks they ...
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‘Incorrect signals’ Senator Uba Sani urges support for CBN
Uba Sani, the Chairman of the Senate Committee on Banking, Insurance, and Other Financial Institutions, has warned against repeated and ...
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‘Not beseeming!’ Court removes, CBN, banks from NGF’s lawsuit
The names of the Central Bank of Nigeria (CBN), Guaranty Trust Bank, and Access Bank Plc were wiped off an ...
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‘Revealed!’ Bank customers pay averagely 36% interest for loans, receives 1.15% on deposits
Bank customers are paying 36 per cent maximum lending rates for loans but getting an average of 1.15 per cent ...
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‘Activated!’ CBN start off e-naira platform ahead of launch
The e-naira webpage has been enabled by the Central Bank of Nigeria (CBN) ahead of the digital currency's formal debut ...
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‘CBN FX defaulters’ UBA unveils forex violators’ names, account, BVN
The United Bank of Africa (UBA) following the Central Bank of Nigeria (CBN) directives to expose customers who engaged in ...
Read moreDetails‘Sanctioned!’ CBN penalises banks for forex violations
In the first half of the year, five of Nigeria's largest banks paid a total of N1.4 billion in fine ...
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‘It is our fiat currency’ CBN compels acceptance of e-naira payment for businesses
The Central Bank of Nigeria says the e-naira which is set to be launched on October 1, 2021, is a ...
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