Tag: CBN
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1000 CBN staffs not sacked, left voluntarily- Cardoso
In a recent statement, Central Bank Governor Olayemi Cardoso clarified that the 1,000 employees who departed the bank in December did so voluntarily, refuting...
CBN sets N100,000 daily POS withdrawal limit for customers
The Central Bank of Nigeria (CBN) has introduced a daily cash withdrawal limit of N100,000 per customer for Point of Sale (POS) transactions.
This new...
CBN imposes N150m fine on banks found aiding naira hawkers
The Central Bank of Nigeria (CBN) has declared that banks caught facilitating the illegal distribution of mint naira notes to hawkers will face a...
Redesigned, old naira notes remain legal tender, says CBN
The Central Bank of Nigeria (CBN) has again debunked reports that the old N1000, N500, and N200 banknotes would cease to be legal tender...
CBN fines Moniepoint, OPay N1b each amid Fintech scrutiny
In an ongoing effort to tighten oversight of Nigeria’s fintech sector, the Central Bank of Nigeria (CBN) imposed ₦1 billion fines on two of...
