Tag: CBN
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CBN’s cybersecurity Levy ill-timed, negates financial inclusion – Expert
A financial expert, Prof. Uche Uwaleke says the newly introduced 0.5 percent charges on electronic transactions as cybersecurity levy by the Central Bank of...
Unpaid judgment debt: CBN governor to receive contempt notice
A Federal High Court, Abuja has authorised the issuance of notices of contempt proceeding against the Governor of Central Bank of Nigeria (CBN), Olayemi...
Panic as CBN bans Fintech Firms OPay, Palmpay, Kuda Bank, Moniepoint from Onboarding New Customers
The Central Bank of Nigeria (CBN) has ordered four fintech companies to suspend the onboarding of new customers until further notice.The affected fintech firms,...
Forex: CBN approves sale of additional $10,000 each to 1,583 eligible BDCs
The Central Bank of Nigeria has approved the sale of an additional 10,000 each dollars to 1,583 eligible Bureaux De Change (BDCs) in the...
NDIC commends CBN recapitalisation of banks
The Nigeria Deposit Insurance Corporation (NDIC) has commends the Central Bank of Nigeria (CBN) for its move to recapitalise banks to achieve economic resilience...
