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Cash Limit Policy: Suspend Charges On Transfers, Expert Urges CBN

Akin Ogunsola, an economist has advised the Central Bank of Nigeria to suspend the N6 Unstructured Supplementary Service Data (USSD) code charges paid during...

Despite Senate Opposition, CBN Vows To Continue With Cash Limit Policy

The Central Bank of Nigeria has vowed to continue with the new cash limit policy despite opposition of the policy by the Nigerian Senate.The CBN...

NIPC Backs New CBN Withdrawal Limit Says Policy Will Not Affect Investments

The Nigerian Investment Promotion Commission (NIPC) has expressed support for the recent policy by the Central Bank of Nigeria (CBN) to limit cash withdrawals.The...

‘Show Us Evidence’ – CBN Challenges AFAN On allegations It Disburse Funds To Fake Farmers

The Central Bank of Nigeria has denied disbursing funds under its Anchor Borrowers’ Programme (ABP) to non-farmers in the country.This development followed allegations by...

Agents in uproar as Senate debates new policy Tuesday

• They want us out of business, mobile money agents lament • Policy good but implementation will be difficult – BCAN • HURIWA: Cash withdrawal limits...

Buhari Nominates Aisha Ahmad, Edward Adamu For Another Four Years As CBN Deputy Governors

President Muhammadu Buhari has nominated Aishah Ahmed and Edward Adamu to serve another tenure as Deputy Governors of the Central Bank of Nigeria.This was...

Why Microfinance Banks Collapse In Nigeria–CEO

The Executive Vice Chairman and Chief Executive Officer of De Ambassadors Advisory and Investment Ltd, Oba Boniface Omozuapo, has revealed that most microfinance banks...

CBN Auctions $995.65m Through Currency Swap Deal With China

The Bilateral Currency Swap Agreement between the Central Bank of Nigeria and the People’s Bank of China has continued on a very slow pace...

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