2024-03-12 | FMD/DIR/PUB/CIR/001/010

Superseded Circulars/Guidelines (REVIEWED)

The Central Bank of Nigeria (CBN) has issued a circular to deposit money banks, licensed non-interest banks, and other authorized dealers, informing them of superseded circulars/guidelines that are no longer in use. The CBN directs these institutions to adhere to the effective circulars/guidelines that supersede the previous ones, with specific references provided for clarity. This circular highlights the latest developments, including the removal of the cap on remunerable deposits, and emphasizes the importance of compliance with the updated regulations.

Nigeria

Central Bank of Nigeria

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