CBN Bows To Pressure, Withdraws Circular On Cybersecurity Levy
The Central Bank of Nigeria, CBN, has withdrawn its earlier circular directing banks to implement a controversial 0.5% cybersecurity levy on electronic transactions. The apex […]
Central Bank of Nigeria
CBN Orders Banks To Collect Old N500, N1,000 Notes
The Central Bank of Nigeria has ordered banks to start collecting the old N500 and N1,000 notes from the public with immediate effect. It however […]
CBN Reduces Withdrawals To N100k Per Week, N20k Per Day, Among Other Policies
The Central Bank of Nigeria (CBN) has mandated deposit money banks and other financial institutions to ensure that over-the-counter cash withdrawals by individuals and corporate […]