Tag: CBN
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CBN scraps free withdrawals on other banks’ ATMs, introduces new charges
The Central Bank of Nigeria (CBN) has officially scrapped the policy of free withdrawals for customers using Automated Teller Machines (ATMs) from other banks,...
CBN to suspend BDC licenses for violating new FX guidelines
In a decisive move to curb currency misuse, the Central Bank of Nigeria (CBN) has announced that it will suspend the dealership licenses of...
CBN extends forex purchase deadline for BDCs to May 30
The Central Bank of Nigeria has extended the deadline for Bureau de Change (BDC) operators to buy foreign exchange (FX) from the Nigerian Foreign...
CBN vows to address buying, selling of Naira notes
Dr. Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), has promised to address the commoditization (buying and selling) of Naira notes, which...
NCC threatens to disconnect USSD codes for UBA, Zenith, FCMB, others
The Nigerian Communications Commission (NCC) has issued a stern warning to nine banks, instructing telecommunications companies (telcos) to disconnect their Unstructured Supplementary Service Data...
