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BUSINESS

CBN limits contactless payment channels to ₦50,000 daily

Daily Dispatch June 28, 2023

The Central Bank of Nigeria (CBN) has limited the daily cumulative transaction limit to ₦50,000 and the single transaction limit to ₦15,000 contactless payments made through bank accounts or digital wallets. The transaction limit for contactless payments took effect on Tuesday, June 27, 2023.

LEAD STORY 2

CBN Governor, Emefiele, dares the storm, returns to Nigeria

Daily Dispatch January 12, 2023

The embattled Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has dared the storm raging against him in Nigeria by returning home bag and baggage from the United States of America to frontally engage forces baying for his blood. Emefiele, according to reports doing the rounds in the media, arrived in Abuja […]

LEAD STORY 1

CBN governor, Emefiele, set to resign his plum position, as he picks APC’s presidential nomination form

Daily Dispatch May 6, 2022

Nigeria’s central bank governor, Godwin Emefiele has reportedly procured the 2023 expression of interest and presidential nomination forms of the ruling All Progressives Congress (APC), after paying the mandatory N100 million, thus ending weeks of sustained speculations on his presidential bid. Emefiele was said to have picked the forms on Friday, May 6, 2022 after […]