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Tag: Central Bank of Nigeria (CBN)

Business & Economy

CBN directs banks to pay new naira notes over-the-counter

The Central Bank of Nigeria (CBN) has directed deposit money banks (DMBs) to commence the payment of the redesigned Naira notes over the ...
By Uchechi OjoFebruary 2, 20230
Naira Notes: Reps threaten to issue arrest warrant on Emefiele, bank chiefs
News

Naira Notes: Reps threaten to issue arrest warrant on Emefiele, bank chiefs

The Speaker of the House of Representatives, Femi Gbajabiamila has threatened to issue a warrant of arrest on the Governor of the Central ...
By Uchechi OjoJanuary 26, 20230
Naira Scarcity: CBN insists banks have ‘massive supply’ of new notes
Business & Economy

Naira Scarcity: CBN insists banks have ‘massive supply’ of new notes

The Central Bank of Nigeria (CBN) said it supplied a “massive” amount of the new naira notes to commercial banks as customers lament ...
By Uchechi OjoJanuary 26, 20230
BREAKING: CBN raises interest rate to 17.5%
Business & Economy

BREAKING: CBN raises interest rate to 17.5%

The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which measures interest rate from 16.5% to 17.5 percent to ...
By Uchechi OjoJanuary 24, 20230
$53m Judgement Debt: Court adjourns suit against CBN Governor to March 20
Business & Economy

$53m Judgement Debt: Court adjourns suit against CBN Governor to March 20

The Summon of the Governor of the Central Bank, Mister Godwin Emefiele, by the Federal High Court Abuja over a $53 million judgement ...
By Uchechi OjoJanuary 19, 20230
Trapped Funds: CBN releases $265m to airlines
Business & Economy

CBN raises weekly withdrawal limits to N500,000 for individuals, N5m for firms

The Central Bank of Nigeria (CBN) on Wednesday bowed to pressure from many Nigerians and lawmakers as it announced an upward review of ...
By Uchechi OjoDecember 21, 20220
‘PoS operators not endangered,’ CBN gives conditions for bulk withdrawal
Business & Economy

‘PoS operators not endangered,’ CBN gives conditions for bulk withdrawal

The Central Bank of Nigeria (CBN) has countered claims that its new policy limiting cash withdrawals is targeted at point-of-sales (PoS) agents in ...
By Uchechi OjoDecember 18, 20220
Trapped Funds: CBN releases $265m to airlines
Breaking News

BREAKING: CBN raises interest rate for first time in over two years to 13%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted unanimously to raise the Monetary Policy Rate (MPR) to ...
By Uchechi OjoMay 24, 20220
CBN alerts public of fake e-Naira twitter handle
Business & Economy

CBN alerts public of fake e-Naira twitter handle

Barely two days after launching its digital currency, the e-Naira, the Central Bank of Nigeria (CBN) has alerted the public of a fake ...
By Uchechi OjoOctober 27, 20210
CBN postpones launch of digital currency ‘E-Naira’
Business & Economy

CBN postpones launch of digital currency ‘E-Naira’

The Central Bank of Nigeria (CBN) has postponed the official launch of its digital currency, the E-naira. According to the CBN spokesperson, Mr ...
By Uchechi OjoOctober 1, 20210

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Popular Posts

  1. Oil Spill: Supreme Court rejects Shell’s request to vacate ₦17bn judgement

    Oil Spill: Supreme Court rejects Shell’s request to vacate ₦17bn judgement

    November 27, 20205074 views
  2. SSANU, NASU reject UTAS, propose separate payment platform, says Ngige

    Strike: It may continue for years, except… ― ASUU

    November 6, 20203119 views
  3. EFCC hands recovered ¥370,000, $1,800 to Japanese victim of fraud

    EFCC hands recovered ¥370,000, $1,800 to Japanese victim of fraud

    April 6, 20212869 views
  4. CBN Announces ₦6.98 Charge For USSD Transactions

    CBN announces ₦6.98 charge for USSD transactions

    March 16, 20212848 views
  5. Alleged ₦10bn Fraud: PDP Won’t Succumb To Blackmail, Intimidation – Spokesman

    Alleged ₦10bn Fraud: PDP won’t succumb to blackmail, intimidation – Spokesman

    May 20, 20212261 views
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Popular Posts

  1. Benue Governor Alia Alleges National Assembly Politicians Behind Deadly Attacks

    2 hours ago
  2. Makinde Proposes Single Six-Year Term for Elected Officials, Cites Need for Focused Governance

    2 hours ago
  3. ADC Coalition Holds Landmark Summit in Umuahia

    2 hours ago
  4. Battery Explosion Sparks Blaze at Kano’s Farm Centre GSM Market, 47 Shops Destroyed

    2 hours ago
  5. Dangote Names Refinery Road After President Tinubu, Vows End to Petrol Queues

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