CBN eNaira wallet limits, minimum balances for all account types
For the purpose of the eNaira account operations, limits and balances, the Central Bank of Nigeria, CBN grouped customers into tiers – zero to three …
Tag: CBN
eNaira Speed Wallets and other options available on the CBN platform
What are eNaira Speed Wallets? The Central Bank of Nigeria, CBN built the eNaira app with several capabilities to provide different wallets for holding money …
CBN eNaira – download, sign up and use eNaira wallet
The Naira upgrades to a new status with eNaira and wallet. The CBN has announced that President Muhammadu Buhari will launch the eNaira on Monday, …
Access to CBN eNaira, download and use of CBN eNaira wallet
Anyone can have access to the CBN eNaira through the wallet, use it as cash and for forex. The Central Bank of Nigeria, CBN has …
CBN denies customers on the BVN watch-list access to credit facilities
The Central Bank of Nigeria (CBN) has issued a revised regulatory framework for bank verification number (BVN) operations and a watchlist for the Nigerian banking …
CBN yet to announce eNaira launch date after independence day
CBN extended eNaira launch date and put the project on hold indefinitely. The Central Bank of Nigeria, CBN announced that it is moving up the …
CBN digital currency eNaira website launches sooner than October 1
Central Bank of Nigeria, CBN launches website for eNaira, Nigeria’s digital currency. The CBN has said that the eNaira, the digital form of the naira …
CBN affirms it will not convert forex in domiciliary account to naira
The Central Bank of Nigeria, CBN, has affirmed with a statement that it will not convert forex in domiciliary accounts to naira. The Trade and …
CBN new directive on bulk payment in banks, PSPs
The Central Bank of Nigeria, CBN, has advised banks and Payment Services Providers, PSPs, to henceforth dis-aggregate bulk payment saying that it noticed some problem …
How SMEs, MSMEs in Nigeria can get business loans
A number of financial institutions in Nigeria have been employed by the federal government over the years to participate in funding and provide loans to …