Central Bank of Nigeria CBN

House Of Reps Directs CBN To Suspend Cybersecurity Levy

The Central Bank of Nigeria (CBN) has been directed by the House of Representatives to withdraw the circular directing all…

6 months ago

New CBN’s 0.5% (0.005) Cybersecurity Levy, What It Entails

On Monday, April 6, 2024, the Central Bank of Nigeria (CBN) announced that the cybersecurity levy would henceforth be deducted…

6 months ago

Register With CAC Before July 7, CBN Orders PoS Operators

All point-of-sale operators in the country have been ordered to register their businesses with the Corporate Affairs Commission (CAC) in…

6 months ago

CBN Imposes Cybersecurity Charge On Bank Transactions, Funds To Be Remitted To NSA

A cybersecurity levy has been ordered by the Central Bank of Nigeria (CBN) to be charged on all electronic transfers.…

6 months ago

Govt Contributing To Worsening Food Inflation, Says Cardoso

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has blamed the government for contributing to the galloping food…

6 months ago

Court Issues Contempt Proceeding Against CBN Governor Over Non- Compliance

The Federal High Court in Abuja has authorised the issuance of notices of contempt proceedings against the Governor of the…

6 months ago

Customers Panic As CBN Bans Moniepoint, Opay, Kuda, Others

Some online microfinance banks have been barred by the Central Bank of Nigeria (CBN) from opening new accounts and accepting…

6 months ago

CBN Slashes Banks’ Loan Deposit Ratio To 50%

The Central Bank of Nigeria (CBN) has reduced the Loan-to-Deposit ratio (LDR) for banks from 65 percent to 50 percent.…

7 months ago

Naira Regains Strength As CBN Sells $10,000 To BDCs At N1,101/$

The Central Bank of Nigeria announced on Monday the sale of dollars to Bureau De Change operators. The CBN informed…

7 months ago

Cardoso Sacks Eight CBN Directors, 32 Others

A fresh batch of 40 staff has been reportedly sacked by the Governor of the Central Bank of Nigeria (CBN),…

7 months ago

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