cbn

CBN, NIBSS Move to Unify Payments Through National Domestic Card Scheme

October 24, 2022 Gist Lovers 0

CBN is making moves to introduce the National Domestic Card scheme The apex bank, in conjunction with the Nigeria Inter-bank Settlement System, said the move is to unify payments in the country Also, the card

CBN sells Polaris bank for N50bn after rescuing it with N1.2trn

October 21, 2022 Gistlover Stella 0

The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) have formally announced the completion of a Share Purchase Agreement (SPA) for the acquisition of 100percent of the equity in Polaris

CBN Announces New USSD Charges for Customers

CBN vows to arrest any Nigerian buying dollars with Naira

July 20, 2022 Gistlover Stella 0

he Central Bank of Nigeria has vowed to arrest and prosecute Nigerians using naira to buy dollars. “For those taking money from banks to buy dollars, it is illegal to do so. If the security

CBN To Unveil Its New Digital Currency, “E-Naira”

September 23, 2021 Gistlover Stella 0

The Central Bank of Nigeria has divulged the importance of e-naira, a digital currency it promised to launch in the country by the end of 2021. According to the CBN, the country’s adoption of digital

“Publish BVN of Fraudulent Customers Collecting Forex without Travelling” – CBN to Banks

September 10, 2021 Gistlover Stella 0

The CBN warned that it would publish names and BVNs of customers who present fraudulent travel documents or cancel their ticket without refunding the purchase PTA and BTA within two weeks in line with CBN’s

Breaking: gunmen Invade Kaduna School, Abduct ‘Only Female Students’

Breaking: CBN Orders Banks to Name Customers Seeking Foreign Exchange

August 31, 2021 Gistlover Stella 0

The latest reports has it that the Central Bank of Nigeria (CBN) has directed all commercial banks to publish on their websites the names and Bank Verification Numbers (BVNs) of customers found to have engaged

CBN Official Statement On Spraying Of Naira Notes

August 9, 2021 Gistlover Stella 0

The Central Bank of Nigeria (CBN) has said that it cannot enforce laws against violators of its currency or financial rules. Acting Director of CBN’s Corporate Communications, Osita Nwanisobi who represented CBN Governor Godwin Emefiele

CBN Bans Sale Of Forex To Bureau De Changes

July 27, 2021 Gistlover Stella 0

The Central Bank of Nigeria (CBN) has banned the sale of foreign exchange (FX) to Bureau De Change (BDCs) operators in the country. The CBN governor, Godwin Emefiele, announced this at the end of the

“Bitcoin Buyers Should Prepare To Lose All Their Money” – UK Financial Conduct Authority Drops A Shocking Announcement

CBN Makes It’s Own Digital Currency (CBDC)

July 23, 2021 Gistlover Stella 0

The Central Bank of Nigeria (CBN) has announced that it will launch the pilot scheme of its digital currency by October 1, 2021. The CBN announced this during a webinar on Thursday as it presented

Professor Charles Soludo Gives Details of How He Was Attacked

Soludo Emerges APGA’s Governorship Candidate in Anambra

June 24, 2021 Gistlover Stella 0

Former Governor of the Central Bank of Nigeria (CBN), Prof. Chukwuma Soludo, has won the governorship primaries of the All Progressives Grand Alliance (APGA). Soludo clinched all the 21 local government areas of the State

Defacing Nigeria Currency Will Now Earn You Jail Time; CBN Warns

June 11, 2021 Gistlover Stella 0

The Central Bank of Nigeria has condemned the rate at which Nigerians mutilate, deface, squeeze and even spray and sell the naira notes. The apex bank threatened that “abuse of the currency attracts a penalty

16th August 2022: Dollar (USD) to Naira Black Market Rate today

Official: Nigeria Devalues Naira Again

May 26, 2021 Gist Lovers 0

The Central Bank of Nigeria (CBN) has officially devalued naira as a result of its introduction of the new Nigerian Autonomous Foreign Exchange (NAFEX). The CBN has depreciated the currency by 8 percent, to N410.25

CAN Calls on CBN to Review Their Policies as Online Money Lenders Are Becoming Inpatient

CBN Freezes 194 Accounts of Companies, BDCs

April 9, 2021 Gistlover Stella 0

The Central Bank of Nigeria (CBN) has been granted permission by The Federal High Court, Abuja, to freeze 194 bank accounts belonging to firms, Bureaux de Change and others. According to reports documents on its

Cryptocurrency Ban: Nigerians Are Free To Use Bitcoin – CBN

March 21, 2021 Gist Lovers 0

The Central Bank of Nigeria (CBN) has declared that there was no time the bank banned the activities of Cryptocurrencies in the country. This declaration was made by the governor of the apex bank, Godwin

CBN Announce New USSD Charges for Customers

March 16, 2021 Rhoda Gistlover 0

New charges has been introduced by The Central Bank of Nigeria (CBN) for customers using the Unstructured Supplementary Service Data (USSD) services. It has been announced by the apex bank that from Tuesday, customers will