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CBN adjusts ATM transaction fees amid rising operational costs

The Central Bank of Nigeria (CBN) has revealed a significant adjustment to its Automated Teller Mach...

February 12, 2025
CBN issues new directives for bureau de change operators

The Central Bank of Nigeria has released new directives that limit bureau de change operators to acq...

February 6, 2025
Inflation will start moderating from January — Analysts

Nigeria’s inflation rate will begin to taper from January 2025, analysts at Financial Derivative Com...

January 17, 2025
CBN: 33 layoff staff demands 30bn over contract termination
January 7, 2025

Disengaged employees of the Central Bank of Nigeria, who were terminated in a mass layoff last year,...

FX transactions ban raises alarm among Real Estate Investors in Nigeria
January 6, 2025

With a new policy aimed at prohibiting the use of foreign currency for local transactions, there are...

CBN disqualifies 41.65m Access Holdings shares
December 26, 2024

The Central Bank of Nigeria has disqualified 41.65 million shares worth N822.60m in Access Holdings...

Cash Scarcity: CBN imposes daily withdrawal limit on Nigerians
December 18, 2024

The Central Bank of Nigeria has imposed a daily withdrawal limit of N100,000 on Nigerians using the...

Fraud charges: Court fixes date to  rule on Emefiele’s $4.5bn case
December 13, 2024

The Lagos State Special Offences Court in Ikeja has fixed January 7, 2025, to decide the case of for...

Reps urge CBN to end persistent cash crunch
December 11, 2024

The House of Representatives, on Tuesday urged the Central Bank of Nigeria (CBN) to urgently address...

Naira appreciates by N137/$ against dollar as OPS backs sustenance
December 9, 2024

According to the data obtained, the closing exchange rate was pegged at N1672.69 per dollar on Frida...

Naira appreciates, hit N1,735/$ in parallel market
November 19, 2024

On trading pattern, activity level at the Nigerian autonomous forex market surged as average turnove...

CBN plans to raise fines on erring banks
October 29, 2024

The Central Bank of Nigeria is preparing to impose stricter fines on banks that fail to comply with...

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