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Nigeria: How New CBN Charges On Bank Withdrawals, Deposits Can Affect You
Premium Times, 19 September 2019
On Tuesday, the Central Bank of Nigeria (CBN) announced new charges on cash deposits and withdrawals on individual and corporate bank accounts. Read more »
Controversy Over Nigeria's New Cashless Policy
The House of Representatives has asked the Central Bank of Nigeria to immediately suspend the new charges placed on Nigerians under its new cashless policy. The bank had announced that certain cash deposits and withdrawals from individual bank accounts are to attract additional charges.
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Nigeria: Suspend Implementation of Cashless Policy On Deposits, House Tells CBN
This Day, 20 September 2019
The House of Representatives has advised the Central Bank of Nigeria (CBN) to suspend the implementation of the cashless policy on deposits, until appropriate and extensive… Read more »
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Nigeria: Cashless Policy - Reps Order Suspension of Charges On Deposits
Leadership, 20 September 2019
The House of Representatives has directed the Central Bank of Nigeria (CBN) to suspend forthwith the implementation of the charges on deposits as part of its cashless policy until… Read more »
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Nigeria: Cashless Policy - Reps Halt CBN's New Charges On Bank Transactions
Premium Times, 19 September 2019
The House of Representatives has asked the Central Bank of Nigeria (CBN) to immediately suspend the implementation of the new aspect of the cashless policy on deposits which has… Read more »
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Nigeria: Nigeria Approves Three New 'Payment Service Banks'
Premium Times, 18 September 2019
The Central Bank of Nigeria on Wednesday granted approvals-in-principle (AIP) to three new Payment Service Banks (PSBs) in the country. Read more »
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Nigeria: Nationwide Implementation of Cashless Policy Begins March 2020
This Day, 18 September 2019
The Central Bank of Nigeria (CBN) yesterday announced that the full implementation of the cashless policy will become effective from March 31, 2020. Read more »
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Nigeria: CBN Imposes Additional Charges On Transactions On Individual Bank Accounts
Premium Times, 17 September 2019
Effective Wednesday, September 18, cash deposits and withdrawals from individual bank accounts are to attract addition charges, the Central Bank of Nigeria said on Tuesday. Read more »
