Tag: CBN
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Supreme Court stops CBN, AGF, from releasing funds to Rivers
The Supreme Court has restrained the Central Bank of Nigeria (CBN) and the Attorney General of the Federation (AG-F) from further releasing funds to...
CBN maintains Nigeria’s interest rate at 27.50% amid inflation drops
The Central Bank of Nigeria's Monetary Policy Committee kept the country's interest rate at 27.50 percent in January, the same level as in November...
SERAP demands CBN reverse ATM fee hike within 48 hours
The Socio-Economic Rights and Accountability Project (SERAP) has urged the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, to immediately reverse the...
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...
