CBN

The Central Bank of Nigeria (CBN),says it will sanction banks that compel customers to withdraw less than N20,000 per transaction from Automated Teller Machines (ATMs) despite having sufficient funds and requesting a higher

The Central Bank of Nigeria (CBN) has fixed February 19 and 20, 2025,as new dates for the 299th meeting of its Monetary Policy Committee (MPC). The meeting was initially scheduled for February

The Central Bank of Nigeria (CBN),has cleared the $7 billion foreign exchange (FX) backlog. Its Governor,Olayemi Cardoso,disclosed this on Wednesday,during the launch of Nigeria’s Regulatory Policy Framework at the State House Conference

The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso,has announced plans to launch a Foreign Exchange Code aimed at ensuring transparency and fairness in the foreign exchange market. He disclosed

The Central Bank of Nigeria (CBN) has imposed fines totaling N1.35 billion on nine Deposit Money Banks (DMBs) for failing to ensure adequate availability of Naira notes through Automated Teller Machines (ATMs)

Mohammed Shosanya The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, says the bank’s decision to implement the Electronic Foreign Exchange Matching System (EFEMS)