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Point-of-sale (PoS) operators across Nigeria have increased withdrawal charges from N100 to N150 or N200 for every N5,000 transaction. The operators attribute the hike to the...
The Central Bank of Nigeria (CBN) has reassured the public that both the old and redesigned naira notes will continue to serve as legal tender without...
1. The Central Bank of Nigeria (CBN) has extended the suspension of processing fees on cash deposits until March 31, 2025. With this extension, cash...
The Central Bank of Nigeria (CBN) says it sold a total of $543.5 million in the Nigerian foreign exchange market (NFEM) to authorised dealer banks...
The Central Bank of Nigeria (CBN) has extended the suspension of processing fees on cash deposits for six months. The development comes six days...
The Central Bank of Nigeria (CBN) has approved another sale of foreign exchange (FX) to eligible bureau de change (BDC) operators at N1,590 per dollar...
The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which benchmarks interest rates, from 26.75...
1. The Presidency has dismissed a viral media report claiming President Bola Ahmed Tinubu has asked the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso,...
The Central Bank of Nigeria (CBN) says the country’s foreign exchange reserves are at risk due to the petrol subsidy removal and lower crude oil earnings. As...
The Central Bank of Nigeria (CBN) says it will sustain its ways and means advances to the Federal Government at a 5 percent limit for...
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