Food Imports Hit N3tn Over Flooding, Insecurity Says CBN
The Central Bank of Nigeria, CBN released a total sum of $2.13bn to Nigerians for importing food products in 2023, Findings by DECENCY GLOBAL NEWS have shown. According to the…
BREAKING: Ex-CBN Gov. Emefiele Gets N300m Bail Over New Naira Note Printing
Former Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has been granted a N300million bail following his arraignment on a four-count charge of printing new naira notes without…
Violation: PoS Operators To Drag CAC To Court
Point of Sale operators under the aegis of the National President of the Association of Mobile Money and Bank Agents in Nigeria says it has concluded plans to head to…
BREAKING: Tinubu Bows To Pressure, Orders CBN To Suspend Implementation Of Cybersecurity Levy
President Bola Ahmed Tinubu has asked the Central Bank of Nigeria to suspend the implementation of the controversial cybersecurity levy policy and ordered a review. This followed the decision of…
BREAKING: Check If Your Bank Is Recognized By CBN As Apex Bank Publishes List Of Licensed Deposit Money Banks
The Central Bank of Nigeria has released a comprehensive list of licensed Deposit Money Banks operating within the country. The list, which was made public on the CBN’s official website…
JUST IN: NLC Rejects Cybersecurity Levy Says ‘It’s Another Burden On Nigerians’
The Nigeria Labour Congress has rejected the newly introduced cybersecurity levy by the Central Bank of Nigeria, demanding its immediate withdrawal. In a statement by its President, Joe Ajaero, the…
CBN Directs Bank To Suspend Charges On Deposits Till September
The Central Bank of Nigeria has directed banks to stop charges on cash deposits until September 30, 2024. The apex bank disclosed this in a circular dated May 6, 2024,…
See Five Levies Nigerians Pay For Electronic Transactions
The Central Bank of Nigeria has ordered banks operating in the country to start charging a cybersecurity levy on transactions. A circular from the apex bank on Monday disclosed that…
JUST IN: Currency In Circulation Rises To N3.87tn Says CBN
The value of Nigeria’s currency in circulation has risen to N3.87tn at the end of March. According to the latest money and credit statistics on the website of the Central…
Don’t Trade In Crypto, Opay, PalmPay, Others Warn Customers
Nigerian fintech companies have warned their customers against trading in cryptocurrency or any virtual currency on their apps, threatening to block any accounts found engaging in such activities. At least…
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