CBN says ATM withdrawals less than N20,000 to also attract N100 fee
Under the revised structure, withdrawals from ATMs belonging to one’s bank will remain free.
Banks reduce cash withdrawal limit to N10,000 in Nasarawa
Commercial banks operating in Nasarawa State have reduced their daily over-the-counter cash withdrawal limit to N10, 000.
CBN clarifies staff early exit exercise
The Central Bank of Nigeria (CBN) has dismissed claims of forced mass retirements, clarifying that its Early Exit Package (EEP) was entirely voluntary and without any negative repercussions for eligible staff.
Retirement of over 1,000 CBN staff: Reps to probe sack, N50bn payoff
The House of Representatives, Tuesday, resolved to investigate the retirement of no fewer than 1,000 staff of the Central Bank of Nigeria, CBN, and the associated N50billion Payoff Scheme.
CBN launches redesigned website today
The Central Bank of Nigeria (CBN) will launch its newly redesigned website (www.cbn.gov.ng) today.
Don’t ‘Japa’, CBN building economy for everyone to thrive – Cardoso begs Nigerians
“You want to be part of the solution. You want to be part of the solution, and this is time that we need all hands on them”
CBN raises interest rate on SDF to 26.5%
The SDF will now be remunerated on a single tier basis which is currently the Monetary Policy Rate (MPR) minus 100 basis points
CBN, First bank push for greater ties with Chinese counterparts
The Central Bank of Nigeria and the First Bank of Nigeria have pushed for a greater collaboration between Nigerian banks and their Chinese counterparts in view of the deepening trade and businesses between China and Nigeria, as well as, other countries in the African region.
CBN raises interest rate to 27.50%
CBN has raised the monetary policy rate, which measures the benchmark interest rate, to 27.40%
PENCOM, CBN, others oppose bill to remove police from contributory pension scheme
The National Pension Commission (PENCOM), the Central Bank of Nigeria (CBN), the Secretary to the Government of the Federation (SGF), the Nigeria Union of Pensioners, and other stakeholders have strongly opposed the amendment bill seeking to establish the Police Pension Board.
Fake SWIFT messages: CBN warns claimants, to send them to law enforcement agents
The Central Bank of Nigeria (CBN) has cautioned members of the public on the use of fake SWIFT messages by fraudulent individuals and organizations, claiming that foreign currencies had been sent to them from abroad but held by either their banks or the CBN itself.
