Tag: CBN
CBN: We’ve no plans to revoke Unity, Polaris, Keystone banks’ licences
The Central Bank of Nigeria (CBN) says it has no plans to revoke the licences of Unity Bank, Polaris Bank, and Keystone Bank.
There were...
CBN revokes Heritage Bank licence, says lender fails recovery process
The Central Bank of Nigeria (CBN) has revoked the licence of Heritage Bank Plc with immediate effect.
The revocation, according to the CBN, is in...
CBN sacks 200 officials
The Central Bank of Nigeria (CBN) has reportedly sacked 200 staff of the apex bank.
It was gathered that the CBN officials were relieved of...
CBN raises interest rate to 26.25%
The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) from 24.75 per cent to 26.25 per cent.
CBN Governor Olayemi Cardoso...
CBN halts 0.5% cybersecurity levy
The Central Bank of Nigeria (CBN) has withdrawn the circular directing banks to implement a 0.5 per cent cybersecurity levy on electronic transactions in...
SERAP, BudgIT, others drag CBN to court over cybersecurity levy
The Socio-Economic Rights and Accountability Project (SERAP), BudgIT, and 136 Nigerians have filed a lawsuit against the Central Bank of Nigeria (CBN) over its...
Tinubu orders CBN to suspend 0.5% cybersecurity levy
President Bola Tinubu has directed the Central Bank of Nigeria (CBN) to suspend the implementation of 0.5 per cent cybersecurity levy on electronic transactions...
Reps to CBN: Halt implementation of 0.5% cybersecurity levy
The House of Representatives has directed the Central Bank of Nigeria (CBN) to suspend the implementation of the cybercrime levy.
The apex bank had mandated...
CBN orders banks to suspend charges on cash deposits till September
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...
CBN orders banks to impose 0.5% cybersecurity levy on electronic transfers
The Central Bank of Nigeria (CBN) has ordered banks to start charging a 0.5 per cent cybersecurity levy on electronic transfers.
The CBN gave the...
