Tag: CBN

CBN has raised ATM card issuance fee to ₦1,500 and scrapped monthly maintenance charges.   NewsOnline Nigeria reports that the ...

CBN has introduced new BVN rules effective May 1st such as one-time phone change, fraud watchlist and stricter access among ...

CBN has spoken on the banking sector stability and confirmed the number of recapitalised banks in Nigeria.   NewsOnline Nigeria ...

CBN has set a new deadline for Banks and Fintechs to deploy Automated AML Systems.   NewsOnline Nigeria reports that ...

CBN and NCC have unveiled a framework to end failed airtime and data transactions. NewsOnline Nigeria reports that the Central ...

CBN has warned that Nigeria’s fintech boom is still exposed to foreign capital risks.   NewsOnline Nigeria reports that Nigeria’s ...

CBN has approved national operating licences for Opay, Moniepoint, and PalmPay.   NewsOnline Nigeria reports that the Central Bank of ...

CBN has mandated banks and fintechs to implement dual connectivity for PoS.   NewsOnline Nigeria reports that the Central Bank ...

CBN has confirmed that16 banks are now fully compliant with recapitalisation target ahead of 2026 deadline. NewsOnline Nigeria reports that ...

CBN has enforced new treasury bills regime and took the full control of government securities market.   NewsOnline Nigeria reports ...

CBN has ordered banks to refund failed ATM transactions within 48 hours. NewsOnline Nigeria reports that the Central Bank of ...

CBN has imposesd a tougher sanctions on PoS Operators and set ₦5 million minimum fine for non-compliance. NewsOnline Nigeria reports ...

CBN has moved to take full control of Nigeria’s Fixed Income Market from November. NewsOnline Nigeria reports that the Central ...

CBN has introduced 75% cash Reserve Ratio on Non-TSA Funds. NewsOnline Nigeria reports that the Central Bank of Nigeria (CBN) ...

CBN has cut interest rate to 27% as inflation declined for fifth month. NewsOnline Nigeria reports that the Central Bank ...

CBN has given a sweeping directive to banks on MD/CEOs and top executives succession plan.   NewsOnline Nigeria reports that ...

CBN has launched Nigeria Payments System Vision 2028 to deepen digital finance. NewsOnline Nigeria reports that the Central Bank of ...

CBN has established compliance department to strengthen regulatory oversight. NewsOnline Nigeria reports that the Central Bank of Nigeria (CBN) has ...

CBN has given banks deadline to fully migrate to ISO 20022 and a mandatory geo-tagging of payment terminals.   NewsOnline ...

With eight Nigerian banks already meeting the new capital thresholds and others accelerating their efforts ahead of a March 2026 ...