SERAP to court: Stop CBN from ‘implementing ‘unlawful, unjust ATM fee hike’
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Central Bank of Nigeria (CBN) “over the failure ...
Tag: CBN
CBN retains Nigeria’s interest rate at 27.50% amid inflation drop
The Central Bank of Nigeria Monetary Policy Committee has retained the country’s interest rate at 27.50 percent in January, the ...
Court restrains CBN, others from withholding Kano LG allocation
A Kano State High Court, on Monday, issued an order of perpetual injunction restraining the Attorney General of Federation, AGF, ...
ATM Cash Withdrawals: New Policy Mutually Beneficial To Banks And Customers – CBN
The Central Bank of Nigeria (CBN) says its recently announced policy imposing charges on cash withdrawal by customers from Automated ...
CBN Stops Free Withdrawals For Customers Using Other Banks’ ATMs
The Central Bank of Nigeria (CBN) says charges will now apply anytime customers use the Automated Teller Machines (ATMs) of ...
Verification of invalid FX claims in final stage — we’ll make payments soon – Cardoso
The Central Bank of Nigeria (CBN) says it is finalising the verification process of the $2.4 billion unverified foreign exchange ...
Banks begin implementation of PoS withdrawal limit with N100k daily, N500k weekly
There are indications that banks have begun the implementation of a daily withdrawal limit of N100,000 and a weekly limit ...
CBN Sanctions Banks For Failing To Dispense Cash Via ATMs
In a clear message of zero tolerance for cash flow disruptions, the Central Bank of Nigeria (CBN) has sanctioned Deposit ...
CBN Imposes N150m Fine On Banks Releasing New Notes To Hawkers
The Central Bank of Nigeria has announced a fine of ₦150 million on Deposit Money Banks found guilty of giving ...
There’s no deadline’ — CBN says old naira notes remain legal tender
The Central Bank of Nigeria (CBN) has reassured the public that both the old and redesigned naira notes will continue ...
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