Central Bank of Nigeria

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6h
AllAfrica.com
Brexit - How Will It Affect Nigerians?years. Relationship has been more historical because of the colonial bond. CBN
Brexit - How Will It Affect Nigerians?
AllAfrica.com / Posted 6 hours ago
years. Relationship has been more historical because of the colonial bond. CBN: Will boost Nigeria's foreign exchange Central Bank of Nigeria (CBN) said that the decision of the British people to leave the European Union (EU) will boost... Read more
6h
AllAfrica.com
New Forex Regime - Too Early for Somersaultsforeign exchange regime, the policy has slid into revisionism, rejigs and refor
New Forex Regime - Too Early for Somersaults
AllAfrica.com / Posted 6 hours ago
foreign exchange regime, the policy has slid into revisionism, rejigs and reforms. First, at the point of take off, the Central Bank of Nigeria, CBN, was forced to abandon its plans to admit only 8 to 10 banks into its Forex Principal Dealership... Read more
11h
AllAfrica.com
MTN Increases Fine Repayment to N80 BillionMTN earlier in the month in Abuja, MTN was expected to pay N30 billion into NCC
MTN Increases Fine Repayment to N80 Billion
AllAfrica.com / Posted 11 hours ago
MTN earlier in the month in Abuja, MTN was expected to pay N30 billion into NCC's Treasury Single Account (TSA) with the Central Bank of Nigeria (CBN) 30 days from the date of the agreement dated June 10, 2016. Other dates of payments include:... Read more
3 related stories
15h
AllAfrica.com
Adeosun Reopens NERFUND, Recalls Members of Staffcrisis which pitched the staff against the two Interim Executive Management Sta
Adeosun Reopens NERFUND, Recalls Members of Staff
AllAfrica.com / Posted 15 hours ago
crisis which pitched the staff against the two Interim Executive Management Staff seconded to the establishment from the Central Bank of Nigeria ( CBN) and the Nigeria Deposit Insurance Corporation ( NDIC ) over allegation of high -... Read more
15h
AllAfrica.com
Dasuki Authorised Payment to Jonathan's Cousin's Companyreceived the payment mandate, "the subsequent necessary action was for me to co
Dasuki Authorised Payment to Jonathan's Cousin's Company
AllAfrica.com / Posted 15 hours ago
received the payment mandate, "the subsequent necessary action was for me to counter sign, which I did and I sent it to the Central Bank of Nigeria (CBN) for payment," Maye said. Earlier, the lead counsel to the 1st defendant, Chris Uche (SAN), had... Read more
15h
AllAfrica.com
FRC Highlights Benefits of Proposed Unified Code of Corporate Governanceand come up with a unified corporate governance code that would replace the alr
FRC Highlights Benefits of Proposed Unified Code of Corporate Governance
AllAfrica.com / Posted 15 hours ago
and come up with a unified corporate governance code that would replace the already existing persuasive codes of the Central Bank of Nigeria (CBN), Securities and Exchange Commission (SEC), Corporate Affairs Commission (CAC), Nigerian... Read more
1d
AllAfrica.com
Firstbank Deepens Cashless Drive With SolutionsLagos — The cashless policy of the Central Bank of Nigeria (CBN) aimed at reduc
Firstbank Deepens Cashless Drive With Solutions
AllAfrica.com / Posted yesterday
Lagos — The cashless policy of the Central Bank of Nigeria (CBN) aimed at reducing the volume of physical cash circulating in the Nigerian economy with e-payment options saw the introduction of daily bank deposit/withdrawal limits above which account... Read more
1d
AllAfrica.com
Gwadabe - BDCS Should Have a Role in New Forex Systemin Nigeria, Alhaji Aminu Gwadabe spoke with Obinna Chima on issues surrounding
Gwadabe - BDCS Should Have a Role in New Forex System
AllAfrica.com / Posted yesterday
in Nigeria, Alhaji Aminu Gwadabe spoke with Obinna Chima on issues surrounding the new FX policy, just as he urged the Central Bank of Nigeria to save the informal FX market from collapse What role do you think BDC operators can play under the... Read more
1d
AllAfrica.com
How U.S.$40 Million Was Paid to Jonathan's Cousin's Company Accounthe signed and sent it to back to me and subsequent action was for me to counter
How U.S.$40 Million Was Paid to Jonathan's Cousin's Company Account
AllAfrica.com / Posted yesterday
he signed and sent it to back to me and subsequent action was for me to counter-sign the mandate and then send it to the Central Bank of Nigeria for Payment," Mr. Mahe said. The witness had earlier told the court that his responsibilities... Read more
1d
AllAfrica.com
Why Buhari Ordered Arrest of Close Allya raid on June 19 included classified documents from the president's office, de
Why Buhari Ordered Arrest of Close Ally
AllAfrica.com / Posted yesterday
a raid on June 19 included classified documents from the president's office, details of government transactions from the Central Bank of Nigeria, and details of bank transactions belonging to the Office of the National Security Adviser. A... Read more
2d
IMF
Transcript of Aspen Ideas Festival: Conversation with Christine Lagardeall what I can tell you is that I was very, very pleased to see the exchange ra
Transcript of Aspen Ideas Festival: Conversation with Christine Lagarde
IMF / Posted 2 days ago
all what I can tell you is that I was very, very pleased to see the exchange rate new policy that has been decided by the Central Bank of Nigeria. And I’m delighted that President Buhari has agreed to that change as being part of the overall... Read more
2d
AllAfrica.com
Court Fixes Date to Hear NDICs Suit Against FirmPetroleum Services Limited and the defunct Fortune Bank by the Nigerian Deposit
Court Fixes Date to Hear NDICs Suit Against Firm
AllAfrica.com / Posted 2 days ago
Petroleum Services Limited and the defunct Fortune Bank by the Nigerian Deposit Insurance Corporation (NDIC). In 2006, the Central Bank of Nigeria (CBN) revoked the license of the defunct Fortune Bank. Following the revocation, the NDIC filed a... Read more
2d
AllAfrica.com
Mastercard Sees Huge Potential for Cash-Less Deals in Nigeriait is now possible to satisfy this demand at reasonable costs. Speaking at the
Mastercard Sees Huge Potential for Cash-Less Deals in Nigeria
AllAfrica.com / Posted 2 days ago
it is now possible to satisfy this demand at reasonable costs. Speaking at the just concluded 16th edition of the Central Bank of Nigeria (CBN) Cash-less Card Expo held in Lagos on 'Retail payment in the emerging eCommerce Revolution in... Read more
2d
AllAfrica.com
Late Publication of Accounts - CBN to Sack Banks' CEOs, ChairmenThe Central Bank of Nigeria (CBN) has said it will sack chief executive officer
Late Publication of Accounts - CBN to Sack Banks' CEOs, Chairmen
AllAfrica.com / Posted 2 days ago
The Central Bank of Nigeria (CBN) has said it will sack chief executive officer and chairman of any bank that fails to publish its financial statement within the regulatory period. This was contained in the Monetary, Credit, Foreign Trade and... Read more
4 related stories
2d
AllAfrica.com
Economy - Buhari Angry With CBN for Naira DevaluationEven with the Currency flexibility policy recently invoked by the Central Bank
Economy - Buhari Angry With CBN for Naira Devaluation
AllAfrica.com / Posted 2 days ago
Even with the Currency flexibility policy recently invoked by the Central Bank of Nigeria, CBN, to enable market variables determine the value or otherwise of the Niara, President Muhammadu Buhari yesterday insisted that the policy was not beneficial... Read more
2 related stories
2d
AllAfrica.com
Two Suicide Bombers Blow Self Up in Failed Maiduguri Mosque Attackclinic for treatment." On how the suspected terrorists sneaked into Maiduguri,
Two Suicide Bombers Blow Self Up in Failed Maiduguri Mosque Attack
AllAfrica.com / Posted 2 days ago
clinic for treatment." On how the suspected terrorists sneaked into Maiduguri, Fantami said: "Sulemanti ward and the Central Bank of Nigeria, CBN, quarters, south of the metropolis, is porous with no military posts and patrols at the south... Read more
3 related stories
2d
AllAfrica.com
Mercy Corps, Mastercard Target 18,000 Women in Financial Inclusion Strategytheir communities and countries for good, which is why we're focused on empower
Mercy Corps, Mastercard Target 18,000 Women in Financial Inclusion Strategy
AllAfrica.com / Posted 2 days ago
their communities and countries for good, which is why we're focused on empowering this key demographic." Already, the Central Bank of Nigeria (CBN) and the National Identity Management Commission (NIMC) had acknowledged the impact being made... Read more
2d
AllAfrica.com
Dangote Clarifies Forex Allocation to Refinery, Fertilizer Planthas clarified that his refinery, petrochemical and fertilizer plant did not col
Dangote Clarifies Forex Allocation to Refinery, Fertilizer Plant
AllAfrica.com / Posted 2 days ago
has clarified that his refinery, petrochemical and fertilizer plant did not collect as much foreign exchange from the Central Bank of Nigeria (CBN) as some people have speculated, stressing that his company raised a substantial part of the... Read more
5 related stories
2d
AllAfrica.com
Two Suicide Bombers Blow Themselves Up in Maiduguri Mosquethis morning." On how terrorist suspects sneaked into Maiduguri, Fantami said:
Two Suicide Bombers Blow Themselves Up in Maiduguri Mosque
AllAfrica.com / Posted 2 days ago
this morning." On how terrorist suspects sneaked into Maiduguri, Fantami said: "The area of Sulemanti ward and the Central Bank of Nigeria (CBN) quarters, south of the metropolis, are porous with no military posts and patrols." Meanwhile,... Read more
3 related stories
2d
AllAfrica.com
New Forex Regime - a Cautious but Promising StartBy Kunle Aderinokun and James Emejo Following the introduction of a flexible f
New Forex Regime - a Cautious but Promising Start
AllAfrica.com / Posted 2 days ago
By Kunle Aderinokun and James Emejo Following the introduction of a flexible foreign exchange policy by the Central Bank of Nigeria (CBN), trading began in earnest last Monday. Kunle Aderinokun and James Emejo report economic analysts and market... Read more
4 related stories
3d
AllAfrica.com
How Britain's Exit From EU Will Affect Nigeriathat the Naira is struggling to find it true value in the interbank market unde
How Britain's Exit From EU Will Affect Nigeria
AllAfrica.com / Posted 3 days ago
that the Naira is struggling to find it true value in the interbank market under the new policy introduced recently by the Central Bank of Nigeria. It is a welcome development at that level," he said. He, however, called on the government and the... Read more
3d
AllAfrica.com
Brexit'll Boost Nigeria's Foreign Exchange Policy - CBNThe Central Bank of Nigeria (CBN) said that the decision of the British people
Brexit'll Boost Nigeria's Foreign Exchange Policy - CBN
AllAfrica.com / Posted 3 days ago
The Central Bank of Nigeria (CBN) said that the decision of the British people to leave the European Union (EU) will boost Nigeria's foreign exchange policy. Commenting on the outcome of the British referendum on Friday, CBN Deputy Governor, Economic... Read more
4 related stories
3d
AllAfrica.com
CBN Lists Operational Requirements As OTC FX Futures Market Takes OffAs the over-the-counter (OTC) foreign exchange (FX) futures market under the ne
CBN Lists Operational Requirements As OTC FX Futures Market Takes Off
AllAfrica.com / Posted 3 days ago
As the over-the-counter (OTC) foreign exchange (FX) futures market under the new FX regime takes off today, the Central Bank of Nigeria (CBN) has stressed that along with the requisite certificate of capital importation (CCI), all participating... Read more
4 related stories
3d
AllAfrica.com
Moses, Melissa Win CBN Tennis ChampionshipLagos — Moses Michael and Melissa Ifidzhen on Saturday emerged men's and women'
Moses, Melissa Win CBN Tennis Championship
AllAfrica.com / Posted 3 days ago
Lagos — Moses Michael and Melissa Ifidzhen on Saturday emerged men's and women's singles champions of the 38th Central Bank of Nigeria Open Tennis Championship in Lagos. Moses bagged a 6-4, 1-6, 6-3 win over Sylvester Emmanuel for his first title at... Read more
3d
AllAfrica.com
CBN, Nexim Commence Implementation of N550 Billion Export FundsThe Central Bank of Nigeria (CBN) and the Nigeria Export-Import Bank (NEXIM) ha
CBN, Nexim Commence Implementation of N550 Billion Export Funds
AllAfrica.com / Posted 3 days ago
The Central Bank of Nigeria (CBN) and the Nigeria Export-Import Bank (NEXIM) have commenced the implementation of the N500 billion Non-Oil Export Stimulation Facility (ESF) and the N50 billion Export Rediscounting and Refinancing Facility. The two... Read more
3d
AllAfrica.com
Forex Depreciation Increases Cost of Dangote Refinery By N2 Trilliondespite the development. He said that contrary to speculations, the company ha
Forex Depreciation Increases Cost of Dangote Refinery By N2 Trillion
AllAfrica.com / Posted 3 days ago
despite the development. He said that contrary to speculations, the company had not gotten substantial forex from the Central Bank of Nigeria. He however said Nigeria would save $7.5bn yearly on import substitution from the project when... Read more
5 related stories
3d
AllAfrica.com
New Forex Policy'll Boost Real Estate SectorThe new flexible foreignexchange policy announced by the Central Bank of Nigeri
New Forex Policy'll Boost Real Estate Sector
AllAfrica.com / Posted 3 days ago
The new flexible foreignexchange policy announced by the Central Bank of Nigeria, CBN, last week is believed to be a turning point for most business organisations currently struggling under the nation's harsh economic climate. This optimism was... Read more
3d
AllAfrica.com
Why We're Not Probing APC Members - SGFin certain states just as he justified the recent recruitment into the Federal
Why We're Not Probing APC Members - SGF
AllAfrica.com / Posted 3 days ago
in certain states just as he justified the recent recruitment into the Federal Inland Revenue Service, FIRS and the Central Bank of Nigeria, CBN. Lawal, in the interview, said the report of the 2014 National Conference organised by the... Read more
3d
AllAfrica.com
Can Leasing Industry Help Solve Nigeria's Economic Problems?a Registration Authority made up of representatives from Ministries of Finance,
Can Leasing Industry Help Solve Nigeria's Economic Problems?
AllAfrica.com / Posted 3 days ago
a Registration Authority made up of representatives from Ministries of Finance, Justice, Trade & Investment as well as Central Bank of Nigeria (CBN),Small & Medium Enterprises Development Agency of Nigeria (SMEDAN), Equipment Leasing... Read more
4d
AllAfrica.com
Osinbajo Raises Hope On Nigeria's Refining Capacity, Lauds Dangote Refineryan interest of $173m, stressing that, contrary to speculations, the company has
Osinbajo Raises Hope On Nigeria's Refining Capacity, Lauds Dangote Refinery
AllAfrica.com / Posted 4 days ago
an interest of $173m, stressing that, contrary to speculations, the company has not gotten substantial forex from the Central Bank of Nigeria. Dangote stated the impact of the new forex policy on the project saying: "We lost almost N50bn to... Read more
5 related stories
4d
AllAfrica.com
Brexit - UK Credit Rating Downgradedwill affect Nigeria's finances in two ways. First, it will expose the Naira to
Brexit - UK Credit Rating Downgraded
AllAfrica.com / Posted 4 days ago
will affect Nigeria's finances in two ways. First, it will expose the Naira to currency volatility. But fortunately, the Central Bank of Nigeria has already floated it, having adopted a flexible forex policy the previous week. In the new forex... Read more
5d
AllAfrica.com
Customs Loses N138.9 Billion in Five Monthssupposed to have generated, "he said. He attributed the loss to three variable
Customs Loses N138.9 Billion in Five Months
AllAfrica.com / Posted 5 days ago
supposed to have generated, "he said. He attributed the loss to three variables among which according to him, included the Central Bank of Nigeria, CBN's new forex policy and increase in volume of credit. "The CBN forex policy has become a big... Read more
5d
AllAfrica.com
Devaluation - NLC Calls On Govt to Increase Palliativesby way of palliatives as measure to curb the negative effect of devaluation of
Devaluation - NLC Calls On Govt to Increase Palliatives
AllAfrica.com / Posted 5 days ago
by way of palliatives as measure to curb the negative effect of devaluation of the naira recently effected by the Central Bank of Nigeria (CBN). NLC President, Comrade Ayuba Wabba, stated this in a statement to appraise the devaluation of... Read more
6d
AllAfrica.com
Fitch Downgrades Nigeria to 'B+', With Stable Outlookan increase in external vulnerabilities, slower GDP growth and a widening of th
Fitch Downgrades Nigeria to 'B+', With Stable Outlook
AllAfrica.com / Posted 6 days ago
an increase in external vulnerabilities, slower GDP growth and a widening of the current account deficit," it added. The Central Bank of Nigeria (CBN) recently commenced trading on the inter-bank foreign exchange market under a revised set of... Read more
9 related stories
6d
AllAfrica.com
Senate Tells Govt to Move N50 Billion Paid By MTN to TSAthe initial N50 billion part payment of the fine imposed on MTN by the Nigeria
Senate Tells Govt to Move N50 Billion Paid By MTN to TSA
AllAfrica.com / Posted 6 days ago
the initial N50 billion part payment of the fine imposed on MTN by the Nigeria Communications Commission (NCC) from the Central Bank of Nigeria's (CBN) recovery account to NCC treasury single account (TSA). The Senate also mandated its committee... Read more
3 related stories
6d
AllAfrica.com
Reduction in N1.04 Trillion MTN Fine - Senate Summons Malami, Shittu, Emefiele, OthersBy Henry Umoru and Joseph Erunke Abuja — The Senate, yesterday, summoned the g
Reduction in N1.04 Trillion MTN Fine - Senate Summons Malami, Shittu, Emefiele, Others
AllAfrica.com / Posted 6 days ago
By Henry Umoru and Joseph Erunke Abuja — The Senate, yesterday, summoned the governor of Central Bank of Nigeria, Godwin Emefiele, Minister of Communications, Adebayo Shittu, and Attorney-General of the Federation and Minister of Justice, Abubakar... Read more
3 related stories
6d
AllAfrica.com
Fitch Downgrades Nigeria's Credit Rating to 'B+''B' rated peers. Nevertheless, depreciation of the naira will increase the debt
Fitch Downgrades Nigeria's Credit Rating to 'B+'
AllAfrica.com / Posted 6 days ago
'B' rated peers. Nevertheless, depreciation of the naira will increase the debt and debt service burden. "On 20 June, the Central Bank of Nigeria (CBN) commenced trading on the inter-bank foreign exchange market under a revised set of guidelines... Read more
9 related stories
6d
AllAfrica.com
Senate Committee Clears Jimoh Ibrahim of Alleged Diversion of Aviation FundsJimoh Ibrahim, of the allegation of diversion of N35 billion of the N500 billio
Senate Committee Clears Jimoh Ibrahim of Alleged Diversion of Aviation Funds
AllAfrica.com / Posted 6 days ago
Jimoh Ibrahim, of the allegation of diversion of N35 billion of the N500 billion aviation intervention fund released by the Central Bank of Nigeria (CBN) through the defunct Air Nigeria. Appearing before the committee in the National Assembly... Read more
6d
AllAfrica.com
CBN, Nexim Engage Stakeholders On N550 Billion Export FacilityLagos — The Central Bank of Nigeria (CBN) and the Nigerian Export Import Bank (
CBN, Nexim Engage Stakeholders On N550 Billion Export Facility
AllAfrica.com / Posted 6 days ago
Lagos — The Central Bank of Nigeria (CBN) and the Nigerian Export Import Bank (NEXIM) have held a stakeholders engagement on the N550 billion export stimulation facility. The engagement, which centred on the implementation strategy was held in Lagos... Read more
6d
Daily Dispatch
Assets merger sparks new power playerrecently announced first close of the $435-million (R6.3-billion) PAIDF 2. The
Assets merger sparks new power player
Daily Dispatch / Posted 6 days ago
recently announced first close of the $435-million (R6.3-billion) PAIDF 2. The AFC is 47.6% owned by various African financial institutions‚ 42.5% by the Central Bank of Nigeria and 9.8% by various industrial and corporate shareholders. Recomme... Read more
2 related stories
6d
AllAfrica.com
Forex Policy - CBN Appoints 16 Banks As Primary DealersWith the new flexible foreign exchange policy barely a week old, the Central Ba
Forex Policy - CBN Appoints 16 Banks As Primary Dealers
AllAfrica.com / Posted 6 days ago
With the new flexible foreign exchange policy barely a week old, the Central Bank of Nigeria (CBN) has approved 16 commercial banks to participate in the market as primary dealers. The number of dealers is six more than the initial 10 the CBN... Read more
6d
AllAfrica.com
Fitch Ratings Downgrades Nigeria to 'B+, With Stable Outlookwas devalued on Monday by about 40.7 per cent. Since the unveiling of the new
Fitch Ratings Downgrades Nigeria to 'B+, With Stable Outlook
AllAfrica.com / Posted 6 days ago
was devalued on Monday by about 40.7 per cent. Since the unveiling of the new flexible foreign exchange policy by the Central bank of Nigeria on Monday, Naira has been trading within a price band of N282 and N284 to the dollar at the... Read more
9 related stories
7d
AllAfrica.com
MTN Fine - Senate Summons Ministers, CBN GovernorThe Senate, on Thursday, summoned the governor of Central Bank of Nigeria, Godw
MTN Fine - Senate Summons Ministers, CBN Governor
AllAfrica.com / Posted 7 days ago
The Senate, on Thursday, summoned the governor of Central Bank of Nigeria, Godwin Emefiele, Minister of Communications, Adebayo Shittu, and Minister of Justice, Abubakar Malami, over the reduction of the fine imposed on telecommunications company,... Read more
3 related stories
7d
AllAfrica.com
Publish Amount Accumulated in TSA, Reps Tell Presidencyif the plan for its utilisation is not made public", he said. The House, there
Publish Amount Accumulated in TSA, Reps Tell Presidency
AllAfrica.com / Posted 7 days ago
if the plan for its utilisation is not made public", he said. The House, therefore, resolved to set up an ad hoc committee to liaise with the Central Bank of Nigeria (CBN), and other agencies that have roles to play in the implementation... Read more
7d
AllAfrica.com
Aviation Fund - Jimoh Ibrahim Denies Assessing LoanMr. Jimoh Ibrahim, has denied benefiting N35 billion out of the N500 billion av
Aviation Fund - Jimoh Ibrahim Denies Assessing Loan
AllAfrica.com / Posted 7 days ago
Mr. Jimoh Ibrahim, has denied benefiting N35 billion out of the N500 billion aviation intervention fund released by the Central Bank of Nigeria (CBN) through the defunct Air Nigeria. Appearing before the Senate Joint Committee on... Read more
7d
AllAfrica.com
Drop Threat to Bomb Abia, Ohanaeze Youths Tell NDAAbia state government to boost agriculture in the state through the one billion
Drop Threat to Bomb Abia, Ohanaeze Youths Tell NDA
AllAfrica.com / Posted 7 days ago
Abia state government to boost agriculture in the state through the one billion naira agricultural loan obtained from the Central Bank of Nigeria. This will go a long way to boost agriculture in the state and serve as a youth empowerment programme... Read more
7d
AllAfrica.com
CBN Opens Discount Window As Interest Rate Hits 74 PercentThe Central Bank of Nigeria (CBN), yesterday, opened its discount window in app
CBN Opens Discount Window As Interest Rate Hits 74 Percent
AllAfrica.com / Posted 7 days ago
The Central Bank of Nigeria (CBN), yesterday, opened its discount window in apparent bid to save the banking system from scarcity of funds which sent interbank interest rate to 74 percent at the close of business. The discount window is the medium... Read more
38 related stories
7d
AllAfrica.com
Rise in Non-Oil Revenue Boosts May Allocation to N305 Billionduring the month. This is just as the naira closed firmer at both the interban
Rise in Non-Oil Revenue Boosts May Allocation to N305 Billion
AllAfrica.com / Posted 7 days ago
during the month. This is just as the naira closed firmer at both the interbank and parallel markets yesterday, as the Central Bank of Nigeria (CBN) sold dollars for the third day running, after it allowed the free floating of the... Read more
7d
AllAfrica.com
CBN FX Policy - NSE All-Share Index Crosses 30,000 MarkStock Exchange (NSE) above the 30,000 mark since the commencement of the new fl
CBN FX Policy - NSE All-Share Index Crosses 30,000 Mark
AllAfrica.com / Posted 7 days ago
Stock Exchange (NSE) above the 30,000 mark since the commencement of the new flexible foreign exchange policy by the Central Bank of Nigeria (CBN). The index, which opened at 29,422.71 grew by 705.11 points, or 2.40 per cent, closed at... Read more
8d
AllAfrica.com
That N10,000 OTC Withdrawal LimitThe Central Bank of Nigeria (CBN) is presently considering a proposal to limit
That N10,000 OTC Withdrawal Limit
AllAfrica.com / Posted 8 days ago
The Central Bank of Nigeria (CBN) is presently considering a proposal to limit over the counter (OTC) cash withdrawals by deposit bank customers to N10,000 per day. The proposal was sponsored by the Bankers Committee's Sub Committee on Payments and... Read more
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