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Tag: Central Bank of Nigeria (CBN)

CBN revises cash withdrawal limits...

CBN revises cash withdrawal limits for individuals,...

Tinubu orders reduction of ₦8.2...

Tinubu orders reduction of ₦8.2 million Hajj...

CBN revises cash withdrawal limits for individuals, corporates

CBN revises cash withdrawal limits for individuals, corporates The Central Bank of Nigeria (CBN) has revised its cash withdrawal rules, effective January 2026. The newly revised rules end a previous special authorisation permitting individuals to withdraw ₦5 million and corporates ₦10 million once monthly. The apex bank explained that previous cash policies had been introduced over the years in response to evolving circumstances. READ ALSO: CBN eases monetary policy, cuts interest rate to 27% However, with time, the need has arisen to streamline these provisions to reflect present-day realities. In a circular released on Tuesday, December...
Gift Luckson -
Business & Economy

CBN revises cash...

CBN revises cash withdrawal limits for individuals, corporates The Central Bank of Nigeria (CBN) has revised its cash withdrawal rules, effective January 2026. The newly revised...
Gift Luckson -
Nation

Tinubu orders reduction...

Tinubu orders reduction of ₦8.2 million Hajj fares for 2026 Vice President Kashim Shettima says President Bola Tinubu has issued a directive for an immediate...
Gift Luckson -
Gist

Court sentences Murja...

Court sentences Murja Kunya to 6 months imprisonment, appoints her EFCC ambassador The Kano Directorate of the Economic and Financial Crimes Commission, EFCC, on Wednesday...
Gift Luckson -
Crime

Court sentences groom...

Court sentences groom to 6 months imprisonment for naira mutilation A Federal High Court sitting in Kano has sentenced a popular make-up artist, Abdullahi Musa...
Gift Luckson -
Business & Economy

FG sidelines Remita,...

FG sidelines Remita, introduces new revenue platform, TMRAS The Federal Government has launched a new revenue platform, the Treasury Management and Revenue Assurance (TMRAS). In a...
Gift Luckson -
News

Senate accuses CBN...

Senate accuses CBN of blocking ₦30trn probe The Senate Ad-hoc Committee on Ways and Means Advance has accused the Central Bank of Nigeria (CBN) of...
Uchechi Ojo -
News

CBN to retire...

CBN to retire 1,000 staff, offers ₦50bn payoff Unless there are last-minute changes, the Central Bank of Nigeria (CBN) is set to retire approximately 1,000...
Uchechi Ojo -
Business & Economy

Naira drops to...

Naira drops to become the third worst performing currency in the world The naira has been designated as the third worst-performing currency globally, following a...
Uchechi Ojo -
News

GTBank confirms hacking...

GTBank confirms hacking attempts, assures customers of data safety The Guaranty Trust Bank Plc (GTBank) has confirmed an attempt to compromise its website domain, but...
Hafsat Aleeyu Muye -
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