Tag: CBN
CBN withdraws Monetary, Credit Policy Guidelines publication
Says the guidelines were misunderstood by some outlets The Central Bank of Nigeria (CBN) has temporarily withdrawn its 2024-2025 Monetary, ...
CBN reduces cybersecurity levy to 0.005% on electronic transactions
Earlier in May, President Bola Tinubu ordered a suspension and review of the levy due to widespread protests, and the ...
Despite outrage, CBN enforces 0.005 Cybersecurity levy on transactions
The development comes after the levy was purportedly shelved after pushback from Nigerians. The Central Bank of Nigeria, CBN, has ...
CBN appoints new board of directors for Keystone Bank
Keystone expressed confident that their extensive experience will be invaluable The Central Bank of Nigeria has announced the reconstituted board ...
Presidency reacts to reports of Tinubu asking Cardoso to resign
Onanuga described the reports as a bundle of lies, saying that Tinubu never ordered Cardoso’s resignation. The presidency has reacted ...
CBN maintains FG’s Ways and Means loan at 5%
CBN’s Act stipulates that Ways and Means is required not to surpass 5 percent of the previous year’s revenue of ...
BREAKING: Nigeria’s Inflation eases for second consecutive months in August
According to the data, the country’s headline inflation eased by 1.25 percent in August compared to the 33.40 percent recorded ...
FG Imposes Levy on Transactions Above N10,000 on Opay, Moniepoint, Others
Fintech companies like Opay and Moniepoint to deduct N50 EMTL on transfers of N10,000+ from September 9, 2024 The levy, ...
CBN approves $20,000 for eligible BDCs at N1,580 exchange rate
The move is to meet the demand for invisible transactions The Central Bank of Nigeria (CBN) says it has approved ...
CBN Sacks NIRSAL MD, Directors
CBN dissolves NIRSAL Plc's Board and Executive Management, citing corruption scandals and loan diversions involving former officials The CBN Governor ...
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