Tag: CBN Policies

The Central Bank of Nigeria (CBN) has denied introducing new N5,000 and N10,000 notes, describing the reports as false. There has been widespread reports that the CBN had unveiled the ...

Central Bank of Nigeria, CBN has been ordered by the House of Representatives to suspend the implementation of an increase in ATM transaction charges. According to a new CBN policy, ...

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Central Bank of Nigeria (CBN) over its recent decision to increase Automated Teller Machine (ATM) transaction fees. ...

The Central Bank of Nigeria has announced that Nigerians using Off-site ATMs, which are positioned outside bank premises such as shopping malls, fuel stations, and other public spaces, will attract ...

The Central Bank of Nigeria (CBN) has announced plan to increase transaction fees for automated teller machines (ATMs). The increment affect transactions across the country, taking effect from March 1, ...

The Central Bank of Nigeria has sanctioned nine Deposit Money Banks with fines totalling N1.35bn for failing to ensure cash availability via Automated Teller Machines during the festive season. Each ...

Except there is any other intervention, telecommunication companies (Telcos) have issued an ultimatum to suspend Unstructured Supplementary Service Data (USSD) services due to unpaid bank debts amounting to N250 billion. ...