CBN Stops Monthly Free Withdrawals For Customers Using Other Banks’ ATMs
The apex bank said customers withdrawing from the ATM of other banks would now be charged ₦100 per every ₦20,000. This was contained in a circular dated February 10, 2025,…
CARDOZO: CBN Mum Over Bulletproof SUVs For Governor, Deputies
The Central Bank of Nigeria (CBN) has kept mum days after a report emerged that its Governor, Olayemi Cardoso, and four Deputy Governors, Mr Philip Ikeazor, Emem Nnan Usoro, Bala…
Breaking: Banks Directed To Send Money In Dormant Accounts To CBN
The Central Bank of Nigeria (CBN) has directed all banks and other financial institutions to transfer funds in all dormant accounts to the apex bank. A circular by CBN Ag.…
BREAKING: CBN Injects $500m into Forex Market, vows to clear backlog soon
By Sulaimon Sheriff In a move aimed at addressing the persistent backlog of verified foreign exchange (forex) transactions, the Central Bank of Nigeria (CBN) has injected another $500 million into…
FLASH: FG Speaks On Plan To Move FCT To Lagos
By Sulaimon Sheriff Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, has debunked a rumour that the president plans to move the Federal Capital Territory to…
CBN warns against fake banknotes, Six ways to detect fake naira note
By Sulaimon Sheriff Central Bank of Nigeria, on Friday, warned Nigerians to be wary of counterfeit naira notes in circulation amid reports of currency shortage in the country. In a…