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 ...
Tag: CBN
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 ...
Reps urge CBN to address cash crunch as economic hardship bites
The House of Representatives Tuesday expressed concern over the ongoing cash crunch in commercial banks across the country, calling on ...
CBN warns bank customers against use of fake Swift messages for FX transfers
The Central Bank of Nigeria (CBN) has advised bank customers to be cautious about the use of fake SWIFT messages ...
CBN directs banks to load ATMs, warns against disbursing cash to naira hawkers
The Central Bank of Nigeria (CBN) has directed banks to prioritise cash disbursement through automated teller machines (ATMs). CBN gave ...
Nigeria spent $3.5bn to service foreign debt in nine months – CBN
The federal government spent $3.57 billion servicing the country’s foreign debt in the first nine months of 2024. According to ...
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