Tag: CBN
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CBN, NCC Set Deadline for Banks, Telecoms to Settle USSD Debt
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have stepped in to resolve a long-standing dispute between mobile network operators...
FG Issues Six-Month Deadline To Banks, Telcos Over N250bn USSD Debt
Deposit Money Banks and Mobile Network Operators have received a definitive mandate from the Nigerian Communications Commission and the Central Bank of Nigeria to...
CBN Imposes A Daily Cash-Out Cap Of N100,000 Per Customer For POS Transactions
A daily transaction restriction of N100,000 per customer has been implemented by the Central Bank of Nigeria (CBN) for cash-out transactions carried out by...
CBN Orders Banks To Make Cash Accessible To Customers
The Central Bank of Nigeria (CBN) has issued a directive directing Deposit Money Banks (DMBs) to prioritize efficient cash disbursement to customers both over...
Okomu and FTN Cocoa Achieve 205% Export Surge with Superior Quality
As the quality of their products improves, Okomu Oil and FTN Cocoa's export sales increased by 205.6 percent in the first nine months of...
