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CBN
Nigeria Lifts Ban On Cryptocurrency Transactions
The Central Bank of Nigeria (CBN) at the weekend said it has lifted ban on cryptocurrency transactions in the Nigerian banking system. The...
CBN Cautions Banks, PoS Operators Over Availability Of The Naira
The attention of the Central Bank of Nigeria (CBN) has been drawn to alleged cases of collusion between some Deposit Money Banks (DMBs)...
CBN Assures Public Of Adequate Cash Supply
The Central Bank of Nigeria (CBN) has again assured members of the public that it is addressing the reported cases of cash scarcity in some major cities...
CBN Suspends Processing Fees On Large Cash Deposits
The Central Bank of Nigeria (CBN), on Monday, announced the suspension of the processing fees on cash deposits charged banks and other financial...
CBN Assures That Nigerian Banks Remain Resilient
The attention of the Central Bank of Nigeria (CBN) has been drawn to reports in some media outlets suggesting that some licensed commercial...
Deposit Money Banks Total Credit Extension to the Economy Increased to N38.3bn In July 2023
The Central Bank of Nigeria’s (CBN) most recent monthly economic report shows that deposit money banks (DMB) total credit extension to the economy...
CBN Directs Banks To lssue, Accept Old, Redesigned Naira Banknotes
The Central Bank of Nigeria (CBN), on Wednesday directed all its branches to continue to issue and accept all denominations of Nigerian banknotes,...
CBN To Allow Old Design Naira Banknotes As Legal Tender, Ad Infinitum
The Central Bank of Nigeria on Tuesday said it has extended the validity of the old N200, N500 and N1,000 notes indefinitely ....
