CBN Domestic Card news

News Now

CBN Directs Banks to Transfer Unclaimed Balances, Dormant Account Funds

July 20, 2024 Omajemite Don

CBN Directs Transfer of Unclaimed Balances, Dormant Accounts Funds to Particular Account.  Banks and financial institutions have been directed by the Central Bank of Nigeria to transfer all sums lying…

Read More →

News Now

Banks colluding with PoS operators to disrupt naira circulation: CBN

December 21, 2023 Omajemite Don

CBN Sounds Alarm on Alleged Collusion: Banks and PoS Operators Under Scrutiny. In a latest breaking news in Nigeria, the Central Bank of Nigeria (CBN) has issued a stern warning,…

Read More →

News Now

CBN Orders banks to resume forex trading

June 15, 2023 Media Partner

CBN announces unification of FX windows, abolishes Naira4Dollar scheme   The Nigerian Central Bank (CBN) has declared the unification of all segments of the Nigerian foreign exchange market.   In…

Read More →

News Now

CBN Increases Interest Rate To 18.5% amidst hardship

May 24, 2023 Media Partner

CBN Increases Interest Rate To 18.5%  The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has unanimously decided to increase the monetary policy interest rate to 18.5%.…

Read More →

News Now

CBN releases cash, instructs banks to open Saturdays, Sundays

March 24, 2023 Omajemite Don

CBN instructs banks to open Saturdays, Sundays.   As part of a concerted effort to facilitate the circulation of banknotes of various denominations, the Central Bank of Nigeria has instructed…

Read More →

Business news today in Nigeria

CBN domestic card all you need to know

January 26, 2023 Jake Clifford

CBN  domestic card has been unveiled.   The Nigerian National Domestic Card program was introduced on Thursday by Mr. Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), and…

Read More →