CBN

CBN Fines FCMB N400m For Facilitating Illegal Businesses

CBN has fined FCMB N400 Million and Fidelity Bank N14.28 Million for Facilitating illegal crypto businesses in Nigeria. Truetells Nigeria…

3 years ago

CBN To Punish Banks For Depositing Defaced Naira Notes

The Central Bank of Nigeria (CBN), has warned Deposit Money Banks (DMBs) to stop bringing mutilated banknotes as part of…

3 years ago

We Are In Support Of CBN Reforms – Gwadabe

The Association of Bureau De Change Operators of Nigeria, ABCON, has stated its readiness to go through the Central Bank…

3 years ago

CBN To Stop Sale of Forex To Banks This Year, See Date

The Central Bank of Nigeria has announced that it would stop the sale of foreign exchange to banks by the end…

3 years ago

CBN Removes ATM Maintenance Fee, Cuts Other Bank Charges [Full List]

CBN has removed ATM maintenance fee, the apex bank also reduced other bank charges. Truetells Nigeria reports that the Central Bank of Nigeria (CBN) led…

3 years ago

CBN Battles To Save Naira As External Reserves Loses $610m

CBN is in battle to save naira with external reserves losing $610m.   Truetells Nigeria reports that Nigeria’s external reserves fell by $610m last…

3 years ago

CBN Appoints Eight New Directors (Full List)

The Central Bank of Nigeria (CBN) has appointed eight new departmental directors to man specific aspects of its operations. The appointments were…

3 years ago

N800B Unremitted As CBN Fails To Submit Audited Report Since 2010

Central Bank of Nigeria (CBN) has failed to submit its audited account to the Office of the Accountant General of…

3 years ago

CBN Directs Banks To Create Mobile App For Forex Following Ban

Central Bank of Nigeria has directed Deposit Monetary Banks (DMBs) in Nigeria to create mobile applications and alert systems to…

3 years ago

CBN Bans Sale Of Forex To Bureau De Change Over Money Laundering

Central Bank of Nigeria (CBN) has banned the sale of foreign exchange (FX) to Bureau De Change (BDCs) operators in the…

3 years ago