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The Central Bank of Nigeria (CBN) has assured Nigerians that the country’s banking sector remains resilient, safe, and sound, amid recent publications and social media reports...
The Central Bank of Nigeria (CBN) has dismissed claims that it has introduced new N5,000 and N10,000 notes. In a statement posted on its official X...
CBN, Central Bank of Nigeria, has increased Automated Teller Machines (ATMs) charges, set to take effect on March 1, 2025. This was gathered in a circular,...
CBN, Central Bank of Nigeria has fined nine deposit money banks in Nigeria a sum of N150 million each, amounting to N1.350 billion for failing to...
CBN has released phone numbers and emails to report banks hoarding cash via ATMs and over-the-counter from customers. For instance in Abakaliki, customers can report such...
CBN, Central Bank of Nigeria has dismissed reports suggesting that the old naira notes of N200, N500, and N1,000 will cease to be legal tender by...
Despite the challenging environment following the Central Bank of Nigeria’s intervention in January 2024, which led to heightened customer concerns, Union Bank of Nigeria has reported...
The Central Bank of Nigeria (CBN) has announced the approval proposed merger between Unity Bank Plc and Providus Bank Limited for a pivotal financial accommodation for...
Central Bank of Nigeria (CBN) has threatened to sanction banks and other foreign exchange dealers that refuse to accept old series/lower denominations of U.S. dollar bills...
The Central Bank of Nigeria has issued new guidelines for Deposit Money Banks regarding the deposit of foreign currency notes. This directive was detailed in a...