CBN moves to ease banking costs, makes key services free from May 1
The Central Bank of Nigeria (CBN) has announced new banking regulations that…
CBN limits mobile banking apps to one device per customer
The Central Bank of Nigeria (CBN) has announced that mobile banking applications…
NCC, CBN introduce 30-second refund framework for failed airtime, data transactions
The Nigerian Communications Commission (NCC) has announced a joint framework with the…
CBN directive on PoS: Who’s who in Nigeria’s payment chain
The Central Bank of Nigeria (CBN) has issued a directive targeting key…
CBN gives PoS operators 30 days to adopt dual connectivity
The Central Bank of Nigeria (CBN) has directed all Point of Sale…
CBN raises weekly cash withdrawal limits to ₦500,000 and ₦5m
The Central Bank of Nigeria (CBN) has increased cash withdrawal limits across…
CBN caps POS agent transactions at ₦1.2m daily
The Central Bank of Nigeria (CBN) has introduced new regulatory guidelines for…
Nigeria’s FX reserves hit $41bn, highest in nearly four years
Nigeria’s foreign exchange reserves have climbed to $41 billion as of August…
‘It’s fake’ -CBN debunks news of new ₦5,000, ₦10,000 banknotes
The Central Bank of Nigeria (CBN) has dismissed reports claiming the introduction…
We’ll impose ₦150m fine on any bank branch selling naira notes to hawkers – CBN
The Central Bank of Nigeria (CBN) has announced that it will slam…