CBN Raises Foreign Tuition Fee Remittance Limit to $25,000 Per Semester
The Central Bank of Nigeria (CBN) has increased the maximum foreign exchange remittance limit for tuition fees paid by Nigerian ...
Tag: CBN
CBN Unveils Nigeria Payments System Vision 2028 to Boost Digital Payments, Financial Inclusion
The Central Bank of Nigeria (CBN) has launched the Nigeria Payments System Vision (NPSV) 2028, a comprehensive strategic framework aimed ...
CBN Increases ATM Card Fee, Scraps Monthly Maintenance Charges
The Central Bank of Nigeria (CBN) has increased the cost of issuing and replacing Automated Teller Machine (ATM), debit, and ...
CBN Directs Money Transfer Operators to Open Naira Settlement Accounts to Improve Remittance Transparency
The Central Bank of Nigeria has directed all International Money Transfer Operators (IMTOs) operating in the country to open and ...
CBN Grants Opay, Moniepoint and PalmPay National Operating Status
The Central Bank of Nigeria (CBN) has approved the upgrade of Opay, Moniepoint, and PalmPay to national operational status, clearing ...
NCC, CBN Launch Framework to Ensure 30-Second Refunds for Failed Airtime, Data Transactions
The Nigerian Communications Commission (NCC) has announced a new joint framework with the Central Bank of Nigeria (CBN) aimed at ...
CBN Signals No Early Rate Relief, ₦2.7 Trillion Flows Into OMO Bills
The Central Bank of Nigeria (CBN) began the 2026 monetary year with strong investor appetite at its first Open Market ...
CBN Takes Nigeria’s Reform Story Global to Win Back Long-Term Capital
The hunt for global capital is no longer happening quietly behind closed doors. For Nigeria’s central bank, it has become ...
CBN Mandates Multi-Factor Authentication for Foreign Card Transactions Above $200
The Central Bank of Nigeria (CBN) has directed all banks and other financial institutions to implement multi-factor authentication for foreign ...
CBN Tightens Rules Amid Digital Payments Boom, Signals Zero Tolerance for System Abuse
As digital transactions surge across Nigeria, the Central Bank of Nigeria (CBN) is tightening regulatory oversight to protect consumers, strengthen ...
Recommended.
