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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...
Local News

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)...
Local News

eNaira transactions hit N8bn one year after launch – CBN

The Central Bank of Nigeria, CBN, has revealed that the eNaira application has so far recorded a total digital transaction valued at about N8...
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CBN reduces over-the-counter withdrawals to N100k for individuals, among other policies

The Central Bank of Nigeria (CBN) has mandated deposit money banks and other financial institutions to ensure that over-the-counter cash withdrawals by individuals and...
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Buhari nominates Ahmed, Adamu for second term as CBN Deputy Governors

President Muhammadu Buhari has re-nominated Mrs Aishah Ahmad and Mr Edward Lametek Adamu as deputy governors of the Central Bank of Nigeria (CBN). Ahmad and...
Headlines

Buhari reappoints Ahmad, Lametek as CBN deputy governors 

President Muhammadu Buhari has re-appointed Mrs Aishah Ahmad and Mr Edward Lametek Adamu as deputy governors of the Central Bank of Nigeria (CBN). Ahmad and...
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