Just In: CBN raises interest rate to 27.25 percent.
The Central Bank of Nigeria (CBN) has again raised the Monetary Policy rate by 50 basis points to 27.25 from ...
Tag: CBN
CBN allows next of kin to claim unclaimed balances in dormant accounts
The CBN has allowed next-of-kin, legal representatives, or beneficial owners to claim unclaimed balances in dormant accounts The CBN clarified ...
CBN directs all Bureau De Change Operators to reapply for licenses.
The Central Bank of Nigeria (CBN) has directed all Bureau de Change operators (BDCs) in the country to reapply for ...
CBN raises interest rate by 150 basis points from 24.75% to 26. 25%.
The Governor of the CBN, Yemi Cardoso stated this at the press briefing following the 295th Monetary Policy Committee (MPC) ...
EFCC arraigns former CBN Governor, Godwin Emefiele for approving the printing of N684.5 million at the rate of N18.96 billion.
The former CBN governor was arraigned on Wednesday, May 15, before Maryann Anenih, judge of a FCT high court & ...
Reps order CBN to suspend 0.5% Cybersecurity levy.
The House of Representatives has directed the CBN to half the proposed implementation of the cybercrimes levy of 0.5% imposed ...
CBN suspends charges on cash deposits until September 30, 2024.
The apex bank disclosed this in a circular dated May 6, 2024, signed by Adetona Adedeji, CBN’s director of banking ...
CBN directs banks to charge 0.5% cybersecurity levy on all transactions.
The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to start charging 0.5% cybersecurity levy ...
EFCC set to arraign former CBN Governor, Godwin Emefiele, for approving the printing of N684.5m notes at the rate of N18.96bn.
In the fresh 4 count charge filed against him, the EFCC alleged that Emefiele disobeyed the direction of law with ...
FG secures fresh $2.25 billion loan from World Bank.
The federal government is expecting a fresh $2.2 billion single-digit interest loan from the World Bank and another budget support ...
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