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Read more about the article ‎‎CBN Eyes Safer Digital Transactions With New PoS Rules
Don't Miss / Economy & Business / Editor's Pick / News / Newsbeat

‎‎CBN Eyes Safer Digital Transactions With New PoS Rules

The Central Bank of Nigeria, CBN, is clamping down on PoS fraud with geo-tagging and global payment standards, aiming to make every digital transaction traceable and trustworthy, DECENCY GLOBAL NEWS…

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September 4, 2025
Read more about the article ‎CBN Concludes Forensic Audit Of FX Forward Contracts
Don't Miss / Economy & Business / Editor's Pick / News / Newsbeat / Politics

‎CBN Concludes Forensic Audit Of FX Forward Contracts

‎The Central Bank of Nigeria (CBN) says it has completed a major forensic audit into the country’s foreign exchange transactions under the Retail Secondary Market Intervention Sales (RSMIS) scheme, declaring…

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August 9, 2025
Read more about the article ‎‎BREAKING: Again, CBN Retains Interest Rate At 27.5%
Don't Miss / Economy & Business / Editor's Pick / News / Newsbeat / Politics

‎‎BREAKING: Again, CBN Retains Interest Rate At 27.5%

The Monetary Policy Committee of the Central Bank of Nigeria, CBN, has retained the Monetary Policy Rate at 27.5 per cent. ‎DECENCY GLOBAL NEWS reports that the MPR is used…

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July 22, 2025
Read more about the article JUST IN: CBN Announces New ATM Transaction Fees, Effective March 1
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JUST IN: CBN Announces New ATM Transaction Fees, Effective March 1

The Central Bank of Nigeria, (CBN), has reviewed the transaction fees for Automated Teller Machine (ATM) services, with new charges set to take effect from March 1, 2025. In a…

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February 11, 2025
Read more about the article Inflation Could Have Hit 42.81% Without Policy Interventions Says CBN
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Inflation Could Have Hit 42.81% Without Policy Interventions Says CBN

The Central Bank of Nigeria, CBN, has said that without its policy interventions, inflation could have surged to 42.81 per cent by December 2024. It also projected that diaspora remittances…

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January 30, 2025
Read more about the article CBN Suspends Export Proceeds Repatriation Extension
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CBN Suspends Export Proceeds Repatriation Extension

The Central Bank of Nigeria, CBN, has suspended approvals for the extension of export proceeds repatriation on behalf of exporters, effective immediately. This directive, issued via a circular dated January…

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January 11, 2025
Read more about the article CBN Gov Cardoso To Nigerian Bank CEOs: ‘Seek Bold Solutions’
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CBN Gov Cardoso To Nigerian Bank CEOs: ‘Seek Bold Solutions’

Governor of Central Bank of Nigeria, CBN, Olayemi Cardoso, has told chief executive officers of Nigerian banks to seek bold solutions in addressing the challenges facing the banking sector. According…

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December 12, 2024
Read more about the article Sanctions Imminent As CBN Issues Ultimatum Against Banks, ATM Delays
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Sanctions Imminent As CBN Issues Ultimatum Against Banks, ATM Delays

The Central Bank of Nigeria (CBN) on Friday advised bank customers to report any difficulties withdrawing cash from bank branches or ATMs to the apex bank from December 1. CBN…

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November 30, 2024
Read more about the article Reps To Summon CBN, Banks Over Unverified POS Operators
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Reps To Summon CBN, Banks Over Unverified POS Operators

The House of Representatives on Wednesday resolved to invite the Governor of the Central Bank of Nigeria, Olayemi Cardoso, and the Chief Executive Officers of commercial banks to appear before…

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November 28, 2024
Read more about the article Foreign Remittances Surge To $600m
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Foreign Remittances Surge To $600m

The Central Bank of Nigeria (CBN)  facilitated the remittance of approximately $600 million through International Money Transfer Operators (IMTOs) in one year,  the apex bank Governor, Olayemi Cardoso broke the…

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October 17, 2024
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