CBN

The Central Bank of Nigeria has announced plans to redesign and reissue N200, N500, and N1000 notes. This was made known by the CBN Governor, Mr. Godwin Emefiele during a press briefing in Abuja. According to him, the new notes…

The Central Bank of Nigeria (CBN) alongside, the Nigeria Inter-Bank Settlement System (NIBSS) and the Bankers Committee have announced plans to implement a National Domestic Card Scheme which will be effective by January 16, 2023. …

Access Holding Plc has received its final approval from the Central Bank of Nigeria on a new payment subsidiary, Hydrogen Payment Services Company Limited, a company fully owned by Access Corporation. The approval was disclosed in a…

...As Access Bank Reaffirms Commitment To Sustainability Access Bank MD, Roosevelt Ogbonna The Central Bank of Nigeria, CBN, has commended Access Bank Plc. over its commitment to the Sustainable Banking…

It seems financial brands in Nigeria and six others countries still have a lot of grounds to cover as the World Bank has revealed that over half of the world’s unbanked population resides in the seven developing nations. According…

Bank customers in Nigeria will now be paid more interest on their savings as the Central Bank of Nigeria (CBN) has reviewed upward minimum interest payable from 10 per cent to 30 per cent of the Monetary Policy Rate (MPR). By the…

The Central Bank of Nigeria (CBN) alongside Africa Fintech Foundry, (AFF) has announced its collaboration to support 10 startups, to increase the adoption of eNaira across the country. This was revealed by the Head of AFF, Daniel…

The Central Bank of Nigeria (CBN) is to enable consumers without smartphones to make transactions with the country’s eNaira central bank digital currency (CBDC). According to the report, consumers without smartphones can use devices…

The Central Bank of Nigeria, CBN, has said the introduction of the Unstructured Supplementary, USSD, code will boost the effectiveness of the eNaira, a Central Bank Digital Currency, CBDC. This was made known by the Deputy Governor…

Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has continued to partner with stakeholders in the health sector by contributing over N10.2 billion to boost the sector in fulfilment of its corporate social investment…