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BusinessNews

Nigeria’s apex bank, CBN, refutes report directing banks to collect old N500, N1000 notes

Nigeria’s apex bank, the Central Bank of Nigeria (CBN), has denied directing commercial banks to collect old N500 and N1,000 from Nigerians, dismissing...

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Nigerians react to another discovery of buried naira notes

Another buried naira notes have surfaced but this time it is already decayed. Confiance News gathered from Twitter on Saturday. According to a...

BusinessNews

Access Bank, others commence closure of accounts of unregistered associations

Access bank among other Deposit Money Banks (DMBs) have began closing accounts of unregistered associations domiciled in their banks. This is in compliance...

BusinessNews

CBN, PSPs, others partner to deepen adoption of eNaira

By Chioma Obinagwam Nigeria’s apex bank, the Central Bank of Nigeria (CBN) and key stakeholders in the payments system ecosystem, particularly Payment Service...

BusinessNews

CBN to sanction DMBs, Forex dealers who reject old, lower denominations of dollars

By Chioma Obinagwam Nigeria’s central monetary authority, the Central Bank of Nigeria (CBN) has mandated Deposit Money Banks (DMBs) and Authorized Forex dealers...

BusinessNews

Why CBN introduced new charges for USSD services

By Chioma Obinagwam Nigeria’s apex monitoring authority, the Central Bank of Nigeria (CBN) in a bid to ensure cheaper Unstructured Supplementary Service Data...

BusinessNews

Nigeria’s apex bank prohibits banks from facilitating cryptocurrencies payments

By Chioma Obinagwam Nigeria’s apex bank- the Central Bank of Nigeria (CBN) has directed banks in the country to stop dealing in cryptocurrencies....

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