Forex: CBN orders banks to publish names, BVN of defaulters
The Central Bank of Nigeria has directed all banks in the country to publish the names and Bank Verification Number ...
Tag: Central Bank of Nigeria
Digital currency: IMF calls for caution
Plans by the Nigerian government to launch a digital currency on October 1 are gaining traction as the Central Bank ...
This ban is not enough
Central Bank of Nigeria Governor Godwin Emefiele descended heavily of Bureaux de Change (BDCs) last week with a ban on ...
Payments service holding companies to pay N1m for licence – CBN
Companies intending to offer switching and processing as well as mobile money services in Nigeria will now have to set ...
Don’t hoard forex, manufacturers warn banks
The Manufacturers Association of Nigeria (MAN) has asked commercial banks to comply strictly with the Central Bank of Nigeria (CBN) ...
Bureau De Change operators dare CBN, vow to remain in business
The Association of Bureaux De Change Operators of Nigeria (ABCON) will continue providing foreign exchange services to the public in ...
Forex: CBN to sanction banks that dishonour legit requests
The Central Bank of Nigeria ( CBN) has said it will sanction deposit money banks who fail to honour legitimate ...
Hours after CBN’s forex ban to BDCs, naira slides to N522/$1 at parallel market
Hours after the Central Bank of Nigeria (CBN) stopped the sale of foreign exchange to Bureaux De Change (BDCs) operators ...
Solvency: CBN gives banks clean bill of health
The Central Bank of Nigeria (CBN) has assured that all deposit money banks (DMBs) and other financial institutions under its ...
CBN to launch digital currency October 1
The Central Bank of Nigeria (CBN) will launch the pilot scheme of its digital currency by October 1, 2021. This ...