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Tag: #CBN

Business Economy headline

CBN directs banks to charge 0.5% cybersecurity levy

Iheanyi Ejiofor May 6, 2024 No Comments #CBN#Cybersecurity

Our reporter/ The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to start charging 0.5% cybersecurity levy on transactions. This was contained in a circular…

Read More CBN directs banks to charge 0.5% cybersecurity levy
Business Economy headline

CBN stops Opay, Moniepoint, others from onboarding new customers

Iheanyi Ejiofor April 30, 2024 No Comments #CBN#Moniepoint#Opay

The Central Bank of Nigeria (CBN) has stopped mobile money operators including fintech firms like OPay, Palmpay, Kuda Bank, and Moniepoint from onboarding new customers. A source at the bank,…

Read More CBN stops Opay, Moniepoint, others from onboarding new customers
Business Economy headline

How I collected $3 million cash for Emefiele, CBN employee tells court

Iheanyi Ejiofor April 13, 2024 No Comments #CBNefccemefiele

A Central Bank of Nigeria (CBN) employee, Monday Osazuwa, told the Ikeja Special Offences Court on Friday how the apex bank’s former governor, Godwin Emefiele, on different occasions, directed him…

Read More How I collected $3 million cash for Emefiele, CBN employee tells court
Business Economy headline

Nigeria’s economy records over $1.5bn inflow – CBN

Iheanyi Ejiofor March 30, 2024 No Comments #CBN#Forex inflow

Our reporter/ The Central Bank of Nigeria on Friday said the Nigerian economy had an inflow of over $1.5bn in the past few days, a development it says indicates its…

Read More Nigeria’s economy records over $1.5bn inflow – CBN
Business Economy headline

CBN pegs minimum capital base for Banks at ₦500bn

Iheanyi Ejiofor March 29, 2024 No Comments #Bank recapitalisation#CBN

Our reporter/ The Central Bank of Nigeria (CBN) on Thursday unveiled new minimum capital requirements for banks, pegging the minimum capital base for commercial banks with international authorisation at ₦500…

Read More CBN pegs minimum capital base for Banks at ₦500bn

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