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CBN orders banks to suspend charges on cash deposits till September

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The Central Bank of Nigeria (CBN) has directed banks in the country to stop charges on cash deposits until September 30, 2024. CBN gave the...

Banks begin charges on cash deposits above N500,000

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Commercial banks in the country have resumed charges for cash deposits exceeding N500,000 for individual accounts and N3 million for corporate accounts. This was disclosed...

CBN suspends processing fees on cash deposits

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The Central Bank of Nigeria (CBN) has suspended the charging of processing fees of two per cent and three per cent on all cash...
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