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Home » CBN » Page 5

Tag Archives: CBN

JUST-IN: CBN Fines Nine Banks N150m Each For ATM Cash Shortages

Posted on January 14, 2025January 14, 2025 by GISTSMATE MEDIA

The Central Bank of Nigeria (CBN) has sanctioned nine Deposit Money Banks with fines totalling N1.35bn for failing to ensure […]

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BREAKING: CBN Halts Extension Of Export Proceeds Repatriation For Exporters

Posted on January 9, 2025January 9, 2025 by GISTSMATE MEDIA

The Central Bank of Nigeria (CBN) has issued a circular announcing the immediate suspension of approvals for the extension of […]

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REVEALED: How CBN Misappropriated N2.7Trillion Interests On Ways And Means

Posted on December 30, 2024December 30, 2024 by GISTSMATE MEDIA

The Federal Government has accused the Central Bank of Nigeria (CBN) of misappropriating N2.73 trillion in interest payments on Ways […]

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World Bank Releases $1.5bn To Nigeria After Subsidy Removal, Tax Bills

Posted on December 30, 2024December 30, 2024 by GISTSMATE MEDIA

The World Bank has released a $1.5bn loan to Nigeria following the Federal Government’s implementation of a few of its […]

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Access Bank Leads The Pack, Smashes CBN’s N500bn Capital Target Before Deadline 

Posted on December 25, 2024December 25, 2024 by GISTSMATE MEDIA

Access Holdings Plc has announced securing full regulatory approvals from the Central Bank of Nigeria (CBN) and the Securities and […]

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BREAKING: CBN Sets Daily Withdrawal Limit On POS To N100k Per Customer

Posted on December 17, 2024December 17, 2024 by GISTSMATE MEDIA

The Central Bank of Nigeria (CBN) has set a daily withdrawal limit on point-of-sale (PoS) terminals to N100,000 per customer. […]

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CBN Says 94% Of Cash In Circulation Outside Banks And Presently N4.3 Trillion 

Posted on December 15, 2024December 15, 2024 by GISTSMATE MEDIA

The Central Bank of Nigeria has revealed that more than 94 per cent of the cash in circulation in the […]

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CBN Imposes N150m Fine On Banks Releasing New Notes To POS Operators, Others

Posted on December 14, 2024December 14, 2024 by GISTSMATE MEDIA

The Central Bank of Nigeria (CBN) has announced a fine of ₦150 million on Deposit Money Banks found guilty of […]

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JUST-IN: CBN Clarifies Nigerians Over Old Naira Notes Expiring Date

Posted on December 14, 2024December 14, 2024 by GISTSMATE MEDIA

The Central Bank of Nigeria (CBN) has reaffirmed that all versions of the naira, including the old and new designs […]

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BREAKING: CBN Raises Interest Rate To 27.5%

Posted on November 26, 2024November 26, 2024 by GISTSMATE MEDIA

The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which […]

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