CBN Governor Attributes Lower Naira Note Scarcity to Declining Demand
Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has attributed the persistent scarcity of lower denomination naira notes to declining ...
Tag: Commercial Banks
CBN Gives Banks and Fintechs Six Months to Keep Payment Data in Nigeria
The Central Bank of Nigeria (CBN) has directed all commercial banks and financial technology (fintech) companies operating in the country ...
Banks Face N100 Million Penalty as Nigeria Tightens Forex Compliance Rules
Nigerian banks could face penalties of up to N100 million for breaches of foreign exchange (forex) regulations as authorities move ...
