CBN Dismisses Viral Claim of ₦5,000 Note Featuring Tinubu
The Central Bank of Nigeria (CBN) has refuted circulating reports alleging the introduction of a ₦5,000 banknote bearing the image ...
Tag: CBN
32 Nigerian Banks Achieve Recapitalisation Target Ahead of Deadline – CBN Governor
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has revealed that 32 banks have already met the ...
Providus Bank Confirms Exceeding CBN Capital Requirements
Providus Bank Limited has clarified recent media reports concerning its compliance with the Central Bank of Nigeria’s (CBN) recapitalisation requirements, ...
CBN Introduces New BVN Guidelines and Age Limit for Registration
The Central Bank of Nigeria (CBN) has issued new directives requiring banks and financial institutions to maintain a temporary watchlist ...
CBN Directs Banks to Begin Credit Portfolio Stress Tests April 1
The Central Bank of Nigeria (CBN) has instructed commercial banks to begin a comprehensive stress test of their credit portfolios ...
Cardoso Confirms 20 Banks Meet Stricter Capital Requirements
The Central Bank of Nigeria (CBN) has confirmed that 20 commercial banks have fully complied with its new minimum capital ...
CBN Hits Banks With N10m Penalty for Using Unauthorized Cheque Printers
The Central Bank of Nigeria (CBN) has announced a N10 million fine and cheque withdrawal for any commercial bank caught ...
CBN awards national licenses to leading fintech operators Opay, Moniepoint, Palmpay
Leading financial technology companies and microfinance institutions in Nigeria, including Opay, Moniepoint, Kuda Bank, Palmpay, and Paga, have received nationwide ...
Central Bank announces fresh rules for ATM installation
The Central Bank of Nigeria (CBN) has unveiled comprehensive new standards governing the deployment, operation, maintenance, and security of Automated ...
CBN Breaks Year-End Cash Crisis: Nigerians Celebrate First Stress-Free Festive Season in Years
For the first time in recent memory, Nigerians celebrated Christmas and New Year without the usual frustration of cash shortages, ...
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