The CBN has updated its regulatory guidelines for Bureau De Change operators in Nigeria. After consulting with stakeholders, the following changes were made: The mandatory caution deposit of N200m for…
The Central Bank of Nigeria has directed all existing Bureau De Change Operators to re-apply for new licences in their preferred category. This was announced on Wednesday in a circular…
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…
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…
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…
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…
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…
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…
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,…
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…