Tag: CBN News
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Banks to Begin Charging Nigerians Up to N500 for ATM Transactions
Abuja, Nigeria – The Central Bank of Nigeria (CBN) has announced a review of Automated Teller Machine (ATM) transaction fees, set to take effect from… Read More
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Forensic Review of FX Backlogs Nears Completion – CBN
The Central Bank of Nigeria (CBN) said on Tuesday the forensic verification of the $7 billion FX backlogs is nearing completion. The CBN Governor, Olayemi… Read More
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CBN Debunks Rumours: Old Naira Notes Remain Legal Tender Indefinitely
In response to circulating rumours suggesting the discontinuation of old naira notes, ₦200, ₦500, ₦1,000, by December 31, 2024, the Central Bank of Nigeria (CBN)… Read More
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Diaspora remittances hit $1.5bn in 6 months amid foreign exchange crisis
In the first half of 2024, Nigerians living abroad sent over $1.5 billion to their relatives and businesses back home, providing a significant boost to… Read More
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JUST IN: CBN revokes Heritage Bank licence
The Central Bank of Nigeria (CBN) has revoked the licence of Heritage Bank Plc, one of the depositing banks, with immediate effect. This was contained… Read More
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Ex-CBN Governor Emefiele to forfeit $4.7m, N830m, properties, others to FG
The Federal High Court sitting in Ikoyi, Lagos has granted the interim forfeiture of $4,719,054, N830,875,611, and other assets linked to the former governor of… Read More
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Cardoso says CBN not in charge of crypto regulation
The governor of Central Bank of Nigeria asserts that the Securities and Exchange Commission is in charge of overseeing cryptocurrency regulations. The governor did, however,… Read More
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$6.2m Fraud: Buhari’s signature on withdrawal from CBN fake – Boss Mustapha
By Mo Isa The Second Prosecution Witness, PW2, in the ongoing trial of former governor of Central Bank of Nigeria, CBN, Godwin Emefiele, Boss Gida… Read More
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Old Naira Notes Remain Legal Tender Forever – CBN
By Frank Ulom The Central Bank of Nigeria (CBN) has said the old 200, 500 and 1000 naira notes remained as legal tender forever. CONVERSEER… Read More
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Emefiele: DSS beats Prisons Commander in court (VIDEO)
The officials of the Department of State Service (DSS) on Tuesday (July 25) beat the Nigerian Correctional Service (formerly Nigerian Prisons Service) commander in court.… Read More
