CBN

The Central Bank of Nigeria has stopped the printing of small denomination naira notes in polymer because they fade quickly. The Deputy Governor, CBN, Mr. Tunde Lemo, disclosed this in an interview with the News Agency of Nigeria on Sunday in Washington on the sidelines of the ongoing Spring Meeting ...

The Central Bank of Nigeria on Thursday announced the cancellation of the N100 monthly Automatic Teller Machine card maintenance fee introduced by some banks recently and which generated public condemnation. The CBN in a circular titled, ‘Revised guide to bank charges,’ posted on its website, however, pegged the maintenance fee ...