CBN Removes Exchange Rate Cap for International Money Transfer Operators
The Central Bank of Nigeria (CBN) has issued a new circular that removes the previous cap on exchange rates quoted ...
Tag: Central Bank of Nigeria (CBN)
1,500 Redeployed CBN Staff To Resume Work at Lagos Office on Friday
Following their relocation from the Abuja headquarters, at least 1,500 Central Bank of Nigeria (CBN) employees will begin work at ...
CBN Injects $500 Million into Forex Market
The Central Bank of Nigeria (CBN) on Monday said it injected an additional $500 million into the foreign exchange market. ...
OPay to Remove Accounts Without BVN, NIN from March 1
Leading the charge in mobile-based payments, OPay has pledged to implement a thorough removal process for accounts lacking a Bank ...
Petrol Prices to Reduce as Govt, Private-Owned Refineries Begin Operation- Cardoso
The pump prices of Premium Motor Spirit (PMS) petrol will moderate this year as government and private-owned refineries begin operation, ...
Emefiele Pleads Not Guilty to Amended 20-Count Charge
Former Governor of the Central Bank of Nigeria, has pleaded not guilty to the amended 20-count charge brought against him by ...
Customs to Use Official CBN Rates for Clearing of Goods at Ports
The Comptroller General of the Nigeria Customs Service, Mr Bashir Adeniyi has stated that the service will use the exchange ...
CBN Set to Decongest Abuja Head Office, Relocate Some Departments to Lagos
The Central Bank of Nigeria is set to transfer some of its departments to Lagos State. This was stated in ...
Why We Dismissed Boards of Union, Keystone, Polaris Banks – CBN
The Central Bank of Nigeria (CBN) has officially dissolved the Board and Management of three prominent banks — Union Bank, ...
BVN Registration Increases to 59.9 Million ahead of CBN’s April Deadline – NIBSS
Registration for the Bank Verification Number (BVN) increased to 59.9 million as of December 18, 2023. This was revealed in ...
