Banks’ borrowing from the Central Bank of Nigeria, CBN, rose sharply by 395.2 percent week-on-week (WoW) to N4.72 trillion last week from N953.11 billion the previous week. The CBN has two ...

File image of ATM users. The Central Bank of Nigeria, CBN, has scrapped free withdrawals for customers using other banks’ Automated Teller Machines, ATMs. Recall that it was pegged at three free ...

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In a circular signed by John Onojah, acting director of financial policy and regulation department, the CBN said the revised charges will take effect from March 1. The regulator said the move ...

That is why price stability is one of the core mandates of the CBN which is working on adopting and implementing an inflation targeting framework for the economy. Read also: Stable naira seen lowering ...

Nigerians are being forced to go cashless as the Central Bank of Nigeria has ended free ATM withdrawals In a recent move to review bank ATM charges, CBN announced an end to the three free withdrawals ...

The Central Bank of Nigeria (CBN) says charges will now apply anytime customers use the Automated Teller Machines (ATMs) of banks other than theirs. This was contained in a circular dated February ...