Tag: CBN
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Cash withdrawals from cryptocurrency exchange bank accounts are prohibited by the T+3 rule
In addition to other severe guidelines, cryptocurrency exchanges, sometimes referred to as virtual assets service providers (VASPs), are not permitted to withdraw funds from...
Naira Scarcity: Urging Cardoso, Others, To Stop The Blame Game, And Do Their Jobs
If there is a political culture that is traditionally exhibited from one political dispensation to another, and replete in Nigeria’s political history, it is...
Plateau Court Orders Seizure, Sale Of CBN Vehicle in connection with N12m Judgement Debt
In Jos, the capital of Plateau State, a local court has decided to seize a property owned by the Jos branch of the Central...
DMBs And PoS Operators Conniving To Create Naira Scarcity- CBN
Deposit Money Banks and Point of Sale operators have been warned over the scarcity of cash being witnessed in some parts of the country.
The...
Suspending cash deposit fees will lighten the load on SMEs – CBN
The Central Bank of Nigeria (CBN) has decided to suspend processing fees on cash deposits beyond certain levels. Dr. Chinyere Almona, the Director-General of...
