Uncategorized New Naira: CBN monitors banks’ compliance in Akwa Ibom Toyibat Ajose Jan 20, 2023 The Central Bank of Nigeria, CBN, Uyo branch, Akwa Ibom State, dispatched officials on Thursday to monitor commercial banks in the…
News DSS breaks silence on alleged invasion of CBN Headquarters in Abuja after… Oluwadamilare Emmanuel Jan 17, 2023 The Department of State Services (DSS), has denied rumours making the rounds that its operatives invaded the Central Bank of…
Business Polaris Bank clears air on alleged court judgement ordering CBN to freeze… Oluwadamilare Emmanuel Jan 15, 2023 The Management of Polaris Bank Limited has cleared the air on media reports of an alleged court judgement ordering the Central…
Business What we will do to banks hoarding new naira notes – CBN Oluwadamilare Emmanuel Jan 13, 2023 The Central Bank of Nigeria (CBN) has vowed to sanction any commercial bank hoarding the new naira notes from the public. The…
News CBN commences cash withdrawal limit today Oluwaseyi Lawal Jan 9, 2023 Today, Monday, January 9, the country will begin to implement the Central Bank of Nigeria's policy restricting daily cash…
Senate asks CBN to extend deadline for phasing old Naira notes to June 2023 Oluwadamilare Emmanuel Dec 29, 2022 The Senate has urged the Central Bank of Nigeria (CBN) to extend its deadline for the phasing out of the old N1,000, N500 and N200…
News Naira Redesign: We ordered 500m new notes- CBN Toyibat Ajose Dec 23, 2022 In response to complaints from the banking public that banks are not dispensing enough of the redesigned Naira notes, Mr Godwin…
Business Why CBN’s Naira redesign will affect poorest households, SMEs in… Oluwadamilare Emmanuel Dec 20, 2022 The World Bank has warned the newly redesigned N,1000, N500 and N200 naira notes would have negative effect on economic activity…
Cash withdrawal limit policy to curb e-fraud – CBN Toyibat Ajose Dec 19, 2022 The Central Bank of Nigeria (CBN) said over the weekend that its current cash withdrawal limit policy would aid in the fight…
New cash withdrawal limits not targeted at your businesses, CBN assures POS… Oluwadamilare Emmanuel Dec 18, 2022 The Central Bank of Nigeria (CBN) has countered claims that