CBN

CBN Directs Banks to Lift Restrictions on 440 Accounts

The Central Bank of Nigeria (CBN), on Tuesday ordered banks to vacate a Post-No-Debit (PND) restriction earlier imposed on bank accounts…

3 years ago

CBN Revokes 2,991 BDC Licences

The Central Bank of Nigeria, CBN has reduced the number of Bureau de Change, BDC dealers to 2,991 from the…

3 years ago

CBN, BILL GATES PARTNER ON FINANCIAL INCLUSION

The Central Bank of Nigeria and the Bill and Melinda Gates Foundation have finalized plans to drive financial inclusion in…

3 years ago

CBN Orders Banks to Regularly Monitor Political Appointees’ Accounts

The Central Bank of Nigeria (CBN) has ordered banks and other financial institutions to ensure regular monitoring and screening of…

3 years ago

CBN ORDERS BANKS TO REQUEST CUSTOMERS’ SOCIAL MEDIA HANDLES, OTHER DETAILS

The Central Bank of Nigeria (CBN) has issued new regulations mandating financial institutions to gather additional customer information, including social…

3 years ago

CBN REMOVES SAVING, WITHDRAWAL LIMITS ON DOMICILIARY ACCOUNTS

The Central Bank of Nigeria, CBN lifting the limits placed on domiciliary accounts. In a statement by the CBN on…

3 years ago

CBN SPENDS N800BN ON CURRENCY PRODUCTION, DESTRUCTION

The Deputy Governor, Financial System Stability, Central Bank of Nigeria, Aisha Ahmad, has disclosed that the amount spent on maintaining…

3 years ago

HOUSE OF REPS ORDERS CBN TO SUSPEND NEW CASH WITHDRAWAL LIMIT

House of Representatives asked the Central Bank of Nigeria (CBN) to halt the implementation of the new cash withdrawal policy…

3 years ago