Tag: Central Bank of Nigeria
CBN Removes Deposit Cap, Introduces New Withdrawal Limit
The Central Bank of Nigeria has announced a comprehensive revision of cash-related policies, introducing new nationwide withdrawal limits and scrapping the cumulative deposit cap...
CBN Fined By Industrial Court For Delaying Case Of 62 Sacked...
The National Industrial Court of Nigeria in Abuja on Thursday ordered the Central Bank of Nigeria to pay a ₦620,000 fine for stalling proceedings...
CBN’s ₦75 Trillion Credit Milestone To Private Sector Falls Flat As...
Nigeria’s financial system is flashing red, and not because of a scarcity of money. Ironically, the Central Bank of Nigeria (CBN) and the nation’s...
SERAP To CBN: Account For ₦3tn Or Face Legal Action
The Socio-Economic Rights and Accountability Project has given the governor of the Central Bank of Nigeria, Olayemi Cardoso, a seven-day ultimatum to account for...
Fidelity Bank’s GAIM 6 Promo Extension: A Timely Boost For Financial...
As Nigeria looks to opening up the economy and empowering its citizens, Fidelity Bank Plc has taken a bold step to deepen financial inclusion...
Refund Failed ATM Transactions Within 48 Hours, CBN Orders Banks
In a decisive move to strengthen consumer protection and rebuild public confidence in Nigeria’s financial system, the Central Bank of Nigeria (CBN) has ordered...
We Are Still Committed To Nigeria’s Monetary Stability – CBN
The Central Bank of Nigeria has assured Nigerians that its ongoing policies and reforms are targeted at restoring price and monetary stability amid rising...
How Policy Missteps Weigh Down Nigeria’s Fragile Banking Giants By Blaise...
Nigeria’s banking sector has always stood at the center of the nation’s economic hopes. Yet, instead of fueling growth and wealth creation, the sector...
We Are Now More Committed To Provision Of Clean Naira Notes...
The Central Bank of Nigeria has reaffirmed its commitment to ensuring the availability of clean currency notes with the right mix.
The CBN also encouraged...
Nigeria At 65: A Nation Still Waiting For A Banking Revolution...
Sixty-five years after independence, Nigeria’s banking sector boasts towering profits and continental reach. Yet behind the glossy numbers lies a sobering truth: banks remain...
