A letter from the Director of Banking Supervision (DBS), Central Bank of Nigeria (CBN), to banks and other financial institutions has once again brought the crucial issue of ethics and professionalism in the financial services industry to the front...
December 18, (THEWILL) – The Central Bank of Nigeria (CBN) has said its new cash withdrawal limit policy also addresses bulk withdrawal conditions.
Speaking on Channels Television’s Sunrise programme, the Bank’s Director of Banking Supervision, Mustafa Haruna, said although the...
December 14, (THEWILL) – The senate has asked the Central Bank of Nigeria (CBN) to upwardly adjust the limit on cash withdrawal in its new policy, in response to “public outcry.”
According to the policy, which takes effect from January...
The Central Bank of Nigeria (CBN)’s new policy on over-the-counter cash withdrawal limits as well as withdrawal limits for Automated Teller Machines (ATM) and Point of Sale (POS) terminals has widened the window for tax revenue.
The CBN had on...
December 09, (THEWILL) – The Nigerian Investment Promotion Commission (NIPC) has applauded the Central Bank of Nigeria (CBN), over its recent policy on cash withdrawal limit.
Recall that the apex bank, on Tuesday, announced a limit on cash withdrawals...
December 08, (THEWILL) - The Middle Belt Youth Forum (MBYF) has commended the Central Bank of Nigeria (CBN), on its new cash withdrawal limits.
The apex bank had in a memo on Tuesday, announced a limit on cash withdrawals made...
December 08, (THEWILL) – The Central Bank of Nigeria (CBN) has said it would resist any political pressure to back down on its new policy on cash withdrawal limits, warning to sanction any individual or entity who violates the...
December 08, (THEWILL) – The Central Bank of Nigeria (CBN) has said its eNaira application has so far recorded a total digital transaction valued at about N8 billion, as at the end of October, 2022.
Recall that the eNaira...
December 08, (THEWILL) - The Senate, will on Tuesday, December 13, debate a motion on the new cash withdrawal limit recently announced by the Central Bank of Nigerian (CBN).
THEWILL reported that the apex bank, in a memo on Tuesday,...
The milestone attained in the implementation of the Race-To-$200 billion (RT 200) programme points to the success story ahead as the Central Bank of Nigeria (CBN) intensifies efforts towards realising the objective.
The programme is aimed at raising $200 billion...
