CBN Extends Suspension of Charges on Cash Deposits

Date: 07-05-2024 8:53 pm (2 weeks ago) | Author: kacy lee
- at 7-05-2024 08:53 PM (2 weeks ago)
(f)

The Central Bank of Nigeria has decided to stop charging fees on cash deposits until September 30, 2024.

The central bank shared this information in a memo dated May 6, 2024, signed by Adetona Adedeji, who is the director of banking supervision at CBN.

CBN said,“Please refer to our letter dated December 11, 2023, referenced BSD/DIR/PUB/LAB/016/023 on the above subject, suspending processing charges imposed on cash deposits above N500,000 for Individuals and N3,000,000 for Corporates as contained in the “Guide to Charges by Banks, Other Financial Institutions and Non-Bank Financial Institutions” issued on December 20, 2019,”

“The Central Bank of Nigeria (CBN) hereby extends the suspension of the processing fees of 2% and 3% previously charged on all cash deposits above these thresholds until September 30, 2024.”

Posted: at 7-05-2024 08:53 PM (2 weeks ago) | Addicted Hero
- gogoman at 7-05-2024 09:05 PM (2 weeks ago)
Online (m)
Good!!! rake money from another ecomony area!! don;t focus on dirty oil alone!!! Cheesy Cheesy Cheesy I like it
Posted: at 7-05-2024 09:05 PM (2 weeks ago) | Grande Master
Reply
- fineboy77 at 7-05-2024 10:28 PM (2 weeks ago)
(m)
 Roll Eyes Roll Eyes Roll Eyes
Posted: at 7-05-2024 10:28 PM (2 weeks ago) | Addicted Hero
Reply
ReplyFollow
Login To Post Reply

Latest Updates

Lagos Police Apprehend Two Scavengers Over Alleged Murder Of A Man

Harrysong Threatens To Expose Evil Deeds Done By His Ex-Wife, KCee, Destiny Etiko & Her Mother

Mystery Surrounds Young Lady's Bizarre Behavior After Being Dropped By Roadside In Ibadan (Vid)

Controversy Surrounds Death Of Mechanic, Chukwudi Okereke Abraham In Rivers State Police Custody

Ajayi Crowther University Student Beaten To Death Over Alleged Phone Theft

Zack Orji Reflects On How His Marriage Nearly Crashed Due To Raunchy Movie Scene With Eucharia Anunobi (Video)

Nigeria's Abigail Marshall Katung Becomes First African Lord Mayor Of Leeds

Deposed Emir Of Kano, Aminu Ado-Bayero, Breaks Silence Over Emirate Dispute

VIO Allegedly Selling "Express" & "Premium" Number Plates At N120,000

More Featured Topics

fire TRENDING GISTS fire

TODAY'S TOP

  1. Deposed Emir Of Kano, Aminu Ado-Bayero, Breaks Silence Over Emirate Dispute

  2. Nigeria's Abigail Marshall Katung Becomes First African Lord Mayor Of Leeds

  3. Zack Orji Reflects On How His Marriage Nearly Crashed Due To Movie Scene With Eucharia Anunobi

  4. Ajayi Crowther University Student Beaten To Death Over Alleged Phone Theft

  5. VIO Allegedly Selling "Express" & "Premium" Number Plates At N120,000

  6. Controversy Surrounds Death Of Mechanic,Chukwudi Okereke Abraham In Rivers State Police Custody

  7. Mystery Surrounds Young Lady's Bizarre Behavior After Being Dropped By Roadside In Ibadan (Vid)

  8. Harrysong Threatens To Expose Evil Deeds Done By His Ex-Wife, KCee, Destiny Etiko & Her Mother

  9. Lagos Police Apprehend Two Scavengers Over Alleged Murder Of A Man

THIS WEEK

  1. Footballer,Kayode Olanrewaju's 3 Children Allegedly Belongs To Pastor Adegboyega As DNA Reveals

  2. Watch Video Of Paul Okoye As He Traditionally Weds Girlfriend, Ivy Ifeoma Amid Pregnancy Rumors

  3. Rest Well! Nigerian Singer, Flavour Loses Father To The Cold Hand Of Death

  4. I Cannot Solve FCT Problems In 200 years – Wike

  5. PHOTOS; Young Woman Found 'Lifeless' Behind A Hostel In Ebonyi

  6. Married Corper Expelled After She Was Caught Bonking a Male Colleague 24hrs After Arriving Camp

  7. "As Long As I’m Alive, I Will Keep Contesting For Presidency" – Atiku Vows

  8. Abuja Shopping Complex Shut After Assault On Soldiers

  9. Nigerian President Tinubu Arrives In Chad

  10. Heavyweight Boxing Champion Oleksandr Usyk Suspended After Tyson Fury Fight

TOP MEMBERS:
  • gogoman 1401
  • fineboy77 779
  • felicilin 701
  • kp45 280
  • kacylee 246
Read More

Featured Topics

. Lagos Police Apprehend Two Scavengers Over Alleged Murder Of A Man

. Harrysong Threatens To Expose Evil Deeds Done By His Ex-Wife, KCee, Destiny Etiko & Her Mother

.. Mystery Surrounds Young Lady's Bizarre Behavior After Being Dropped By Roadside In Ibadan (Vid)

. Controversy Surrounds Death Of Mechanic, Chukwudi Okereke Abraham In Rivers State Police Custody

. Ajayi Crowther University Student Beaten To Death Over Alleged Phone Theft

.. Zack Orji Reflects On How His Marriage Nearly Crashed Due To Raunchy Movie Scene With Eucharia Anunobi (Video)

. Nigeria's Abigail Marshall Katung Becomes First African Lord Mayor Of Leeds

. Deposed Emir Of Kano, Aminu Ado-Bayero, Breaks Silence Over Emirate Dispute

.. VIO Allegedly Selling "Express" & "Premium" Number Plates At N120,000

. Why People Shouldn’t Forgive Cheating Partners - Pastor Femi Emmanuel Reveals

. President Tinubu Begins National Project Commissioning To Mark One Year In Office

. Minister Of Power, Adebayo Adelabu Promises Future Reduction In Electricity Tariffs

.. Former Manchester United Skipper, Wayne Rooney Appointed New Manager Of Plymouth Argyle

. National Hajj Commission Announces Airlift Of 18,906 Pilgrims To Saudi Arabia

. Manchester United Beats All Odds, Defeats Manchester City 2-1 To Win FA Cup

. Amsterdam Police Detain Singer, Nicki Minaj For "Carrying Drugs" (Videos)

. Emirate Time Bomb, Hold FG Responsible For Violence In Kano – Atiku Reveals

. Footballer,Kayode Olanrewaju's Wife, Dora Breaks Silence On Allegations Of Paternity Fraud

. "It Is Not By Being Muscular"- Blessing Okoro Threatens To Beat Up Verydarkman Amid Ongoing Feud

. Two Women Killed By Lightning Strike In FESTAC, Lagos

More Featured Topics