Tag: Cbn

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Nigeria’s Cashless Drive Accelerates as E-Payment Transactions Hit N384 Trillion — CBN

Nigeria’s transition toward a fully cashless economy is gaining strong momentum, with electronic payment transactions rising to N384 trillion in July 2025, according to...

CBN Orders Banks to Submit Monthly POS Transaction Reports

The Central Bank of Nigeria (CBN) has directed all financial institutions to begin submitting detailed monthly reports on the activities of their Point-of-Sale (POS)...

BREAKING: CBN to Assume Full Control of Fixed Income Market from November 2025

Abuja, October 2, 2025 — The Central Bank of Nigeria (CBN) has announced a sweeping operational reform of the nation’s fixed income market, confirming...

CPPE Urges CBN to Ease Monetary Policies to Boost Credit Flow to SMEs, Key Sectors

The Centre for the Promotion of Private Enterprise (CPPE) has called on the Central Bank of Nigeria (CBN) to adopt more flexible monetary measures...

Central Bank Nigeria Reintroduces Controversial Cybersecurity Levy

The Central Bank of Nigeria (CBN) says it will continue to enforce payment of the mandatory levy on all electronic transactions by banks and...

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