New Telegraph

  1. Home
  2. CBN News

Tag: CBN News

CBN Gov Briefs Senate On 2024 Half-Year Performance

CBN Gov Briefs Senate On 2024 Half-Year Performance

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso on Saturday presented the 2024 half-year briefing to the Senate Committee on Banking, Insurance, and Other Financial Institutions. This was disclosed in a posted…

CBN Directs Banks On Unclaimed Balances, Funds In Dormant Accounts

CBN Directs Banks On Unclaimed Balances, Funds In Dormant Accounts

The Central Bank of Nigeria(CBN) has directed all banks and other financial institutions to transfer all dormant accounts, unclaimed balances and other financial assets to its dedicated account. This was contained in a circular issued…

NDIC Assures To Repay Heritage Bank Customers In One Week

NDIC Assures To Repay Heritage Bank Customers In One Week

The Nigerian Deposit Insurance Corporation(NDIC) has assured depositors of Heritage Bank that there is no need for panic as it is already in the process of repaying depositors of the bank. The Managing Director of…

SERAP Gives Tinubu Govt 48-Hour Ultimatum To Withdraw Cybersecurity Levy

SERAP Gives Tinubu Govt 48-Hour Ultimatum To Withdraw Cybersecurity Levy

Amid the widespread criticism that has greeted the new policy, the Socio-Economic Rights and Accountability Project (SERAP) has given President Bola Tinubu-led administration a 48-hour ultimatum to withdraw the cybersecurity levy directive issued by the…

CBN Gives Fresh Update On Cybersecurity Levy

CBN Gives Fresh Update On Cybersecurity Levy

The Central Bank of Nigeria (CBN) has issued a directive to all banks to implement a 0.5% cybersecurity levy on all electronic transactions to bolster cyber defences. However, in a bid to mitigate the impact…

How CBN, NSA Save Nigeria From Economic Sabotage – Shettima

How CBN, NSA Save Nigeria From Economic Sabotage – Shettima

Nigeria’s Vice President, Kashim Shettima on Thursday said the interventions of the Central Bank of Nigeria (CBN) and the National Security Adviser (NSA) in the foreign exchange (FX) market have “translated into desired results”. Shettima…

Panic As CBN Bans Opay, Palmpay, Others’ New Accounts

Panic As CBN Bans Opay, Palmpay, Others’ New Accounts

Following the Central Bank of Nigeria (CBN) directive imposing a temporary ban on mobile money operators including prominent fintech firms from onboarding new customers, some bank customers have taken to their social media page to…

Tinubu Govt Has No Plan To Borrow From CBN – Edun

Tinubu Govt Has No Plan To Borrow From CBN – Edun

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has clarified that the President Bola Tinubu-led Federal Government has not resorted to borrowing from the Central Bank of Nigeria (CBN). Edun spoke…

Nigerian Govt Settles CBN Debt, Boosts Investor Confidence

Nigerian Govt Settles CBN Debt, Boosts Investor Confidence

The Finance Minister, Wale Edun, has announced the allocation of N4.83 trillion from Treasury Bills and Bonds to settle the outstanding Central Bank of Nigeria (CBN) debt. This strategic move, revealed during a presentation at…

Again, CBN Sells $10,000 To BDCs At N1,101/$

Again, CBN Sells $10,000 To BDCs At N1,101/$

The Central Bank of Nigeria (CBN) has announced its plan to sell $10,000 to Bureau De Change (BDC) operators at N1101/$, New Telegraph. reports. This was contained in a circular addressed to the President of…