Nigeria to make $1bn monthly with remote BVN platform
ABUJA (CONVERSEER) - The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Interbank Settlement System (NIBSS), has unveiled ...
Tag: CBN News
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, ...
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 ...
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 ...
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, ...
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 ...
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 ...
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 ...
$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, ...
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 ...