Economy

Cybersecurity Levy: CBN withdraws directive to banks

Tinubu directed the apex bank to suspend the implementation and review the modalities for its implementation.

Court ratifies CBN directive requesting bank customers’ social media handles

Delivering judgment, Justice Dimgba held that the notice of preliminary objection had merit and subsequently struck out the suit.

Ndume opposes implementation of cybersecurity levy

The development is the outcome of the recent amendment of the cybercrime act, which Mr Ndume supported but feigned ignorance on the part that imposed the cybersecurity levy on electronic transactions.

FG, States, LGs share N1.1trn as december allocation

The balance in the ECA was $473,754.57

CBN appoints new executives for Union, Keystone and Polaris banks

The appointments take immediate effect.

CBN sacks boards of Union, Keystone and Polaris banks

The CBN also assured the public of the safety and security of depositors’ funds, saying it remained resolute in fulfilling its mandate to uphold a safe, sound, and robust financial system in Nigeria.

We’re restructuring, not ending operations, Nigeria’s syringe firm clarifies

He assured that the company will return to full operations soon.

CBN to freeze bank accounts without BVN, NIN April 2024

This is according to a Friday circular by the apex bank which said a BVN or NIN verification will be “conducted shortly”.

CBN denies planning to redenominate Naira

While the bank may be considering reforms, AbdulMumin said “such are subject to laid down procedures in line with the provisions of the CBN Act, 2007.”
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