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Sanusi speaks on CBN’s new cashless policy

A former Central Bank CBN governor, Sanusi Lamido Sanusi said the new cashless policy by the Central Bank of Nigeria will discourage election rigging...
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Limiting cash withdrawal, not new policy, CBN tells Senate

The Central Bank of Nigeria (CBN) on Friday offered explanation to Senate Committee on Banking, Insurance and other Financial Institutions on need for the...
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Why we introduce policy on cash withdrawal limit —Emefiele

Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, on Thursday, said that the recently-introduced policy on cash withdrawal limit was not meant...
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No going back on cashless policy —CBN

Governor of the Central Bank of Nigeria, Godwin Emefiele, has ruled the possibility of reversing the ongoing implementation of cashless policy. The House of Representatives...
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Senate raises concerns over limit on cash withdrawal

Senators have expressed reservations over the new policy of the Central Bank of Nigeria (CBN) on cash withdrawals. The apex bank, under the new withdrawal...
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Nigeria records N16 trillion from crude oil sales between January and September 2022

The oil sales recorded by the Nigerian National Petroleum Company Limited is captured in the foreign trade report released by the National Bureau of...
Local News

CBN limits POS transactions to N20,000 per day

The Central Bank of Nigeria (CBN) has limited individual Point of Service (POS) to N20,000 per day as well as over the counter (OTC)...
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