Tag: CBN
CBN Urges Senate Against Granting Absolute Powers to SEC
The Central Bank of Nigeria cautioned the Senate against granting unchecked authority to the Securities and Exchange Commission in the Investment Bill Dr. ...
Cash Scarcity Hits Kano, Residents and POS Operators Lament
Residents and POS operators in Kano State are facing severe cash shortages, making transactions and sustaining livelihoods increasingly difficult POS ...
Atiku faults injunction restraining financial allocation in Rivers
In December 2023, Fubara presented an N800 billion budget estimate to the Edison Ehie-led faction of the house of assembly. ...
Nigerians losing money over dilapidated old notes, says Rep member
In October 2022, the Central Bank of Nigeria (CBN) under Godwin Emefiele, the former governor, redesigned the N200, N500 and ...
No deadline for old naira notes circulation — CBN
Says all bank notes remain legal tender The Central Bank of Nigeria has announced that there is no deadline on ...
Withdraw old notes before December deadline, Reps tell CBN
Expressed concern over the lack of public awareness on the looming deadline The House of Representatives has called on the ...
IMF Commends CBN’s Forex Reforms, Aggressive Interest Rate Hikes
The IMF praised the CBN for its monetary policies, including interest rate hikes, which have helped stabilize the naira amid ...
Nigeria to Launch Remote Bank Verification Platform for Diaspora by December
Cardoso said the new platform would allow Nigerians overseas to manage their local bank accounts The Nigerian Inter-Bank Settlement System ...
Customers Worry As Top-Tier Banks’ IT Glitches Linger
Deposit money banks recently underwent technology upgrades, leaving customers stranded Customers of top-tier banks have expressed concern about recurring glitches ...
Our “strategic interventions” have yielded positive results – CBN Gov, Cardoso
Cardoso stated that the CBN has taken decisive actions to ensure the safety, soundness, and resilience of the banking industry ...
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