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BusinessNews

CBN clarifies stance on return of old naira notes after February deadline

By Chioma Obinagwam Nigeria’s apex monetary authority, the Central Bank of Nigeria (CBN), has explained conditions for submission of naira notes after the...

BusinessNews

Nigeria has not changed foreign exchange policy- CBN Governor argues

Nigeria’s apex monetary authority, the Central Bank of Nigeria (CBN) has not changed its managed float Foreign Exchange (Forex) policy. The CBN governor, Godwin...

BusinessNews

CBN moves to mitigate risks in payment systems

The Central Bank of Nigeria (CBN), Nigeria’s apex bank, has released the Nigerian Payment Systems Risk and Information Security Management Framework to guide...

BusinessNews

CBN orders operators to adopt card pre-authorisation for transactions

By Chioma Obinagwam Nigeria’s apex Bank, the Central Bank of Nigeria (CBN), has directed merchant acquirers and other operators in the payment system...

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