Tag: CBN

Observe due diligence in processing FX transactions, CBN tells banks

The Central Bank of Nigeria (CBN) has called on all banks to…

Farouk Mohammed

CBN directs banks, PSPs to process bulk payments or transfers on their platforms

The Central Bank of Nigeria (CBN) has instructed banks and Payment Service…

Muhammad A. Aliyu

Police arrests 38-year-old man for posing as CBN agent in Kano

A 38-year-old man, Buhari Hassan, has been arrested by operatives of the…

Yusuf Abubakar

CBN announces appointment of 8 new directors

The Central Bank of Nigeria (CBN) has announced the appointment of new…

Muhammad A. Aliyu

Forex policy: Publish names, BVN of defaulters – CBN directs banks

The Central Bank of Nigeria (CBN) has directed all commercial banks to…

Farouk Mohammed

eNaira: CBN chooses Bitt Inc as partner for digital currency

The Central Bank of Nigeria (CBN) has engaged  Bitt Inc., a global…

Farouk Mohammed

CBN warns Microfinance Banks against prohibited forex, wholesale banking transactions

The Central Bank of Nigeria (CBN) has issued a warning to Microfinance…

Farouk Mohammed

CBN warns Nigerians against spraying of naira notes at social functions

The Central Bank of Nigeria (CBN) has issued a warning against the…

Muhammad A. Aliyu