CBN latest news - Page 20

Stay updated with the most recent news, breaking stories, major headlines, viewpoints, images, and videos concerning CBN from both Nigeria and around the globe today.

CBN Asked To Disburse N250 billion To Cushion Subsidy Removal

Business

CBN Begins Door-to-door Delivery Of New Naira Notes After Ganduje Threat

The distribution of the new Naira notes has taken a new turn as the Central Bank of Nigeria (CBN) delivers the cash door-to-door in Kano State. CBN representatives in Kibiya, Rano, and

Fakoyejo Olalekan

2 years ago

Railway Revenue Drops By N1.31 billion Within Three Months

Business

Naira Scarcity: Railway Managers Demand Cash, Reject Electronic Payment

The management of the Nigerian Railway Corporation (NRC) has stated that its operational policy is against digital transactions, as passengers face Naira scarcity. It was gathered that the railway corporation is turning

Fakoyejo Olalekan

2 years ago

CBN Denies Discriminating Against People With Physical Disabilities Seeking Job

Business

IMF Calls For Review Of CBN Act 2007, Demand Release Of Financial Statements

The Central Bank of Nigeria (CBN) Act 2007 needs to be reviewed to align with international best practices, the International Monetary Fund (IMF) observes. IMF stated in its latest Report – ‘Nigeria:

Fakoyejo Olalekan

2 years ago

Politics

‘Buhari Approved Naira Redesign, CBN Did Recolouring’- El-Rufai

Kaduna State Governor, Nasir El-Rufai, has remodeled his opposition to Nigeria’s currency policy to focus more pointedly on the Central Bank of Nigeria Governor, Godwin Emefile, and less on President Muhammadu Buhari;

Somto Bisina

2 years ago

Atiku Highlights Why Nigeria’s 2025 Budget Is Unsustainable

Business

Atiku Withdraws Support Over CBN’s Handling Of Old Naira Notes

The presidential candidate of the Peoples’ Democratic Party (PDP), Atiku Abubakar, has began to sing a different tone as regards the deadline the Central Bank of Nigeria (CBN) chose to phase out

Fakoyejo Olalekan

2 years ago

Naira Crisis: Banks Will Remain Open So Long It’s Safe To Do So – CIBN

Business·Currency

Naira Crisis: Banks Will Remain Open So Long As It’s Safe To Do So – CIBN

Following the protest and destruction of banks’ facilities across the nation over scarcityn of new naira notes, the Chartered Institute of Bankers of Nigeria (CIBN) has urged Nigerians to remain calm, assuring

Victor Ezeja

2 years ago

CBN Places Service Restriction On PoS Agents Across Nigeria

Business

CBN Denies Ordering Banks To Accept Old N500, N1000 Notes

The Central Bank of Nigeria (CBN) has denied ordering Deposit Money Banks (DMB) to accept deposits of old N500 and N1000 notes from the public. In a statement released on Friday, CBN’s

Fakoyejo Olalekan

2 years ago

GTCO, First Bank Fail To Make Top Five Performing Nigerian Bank Stocks In H1

Business

Updated: Emefiele Orders Banks To Accept Old N500, N1,000, Set Condition For Depositors

The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMB) to accept the old N500 and N1,000 notes but set a limit to customers’ deposits. CBN said the old N500

Fakoyejo Olalekan

2 years ago

KPMG Makes Naira Projection After Foreign Capital Importation Drops To $1.06 billion

Business·Currency

Fitch Says Naira Scarcity Will Affect Dollar Demand, Exchange Rate

Global credit ratings agency, Fitch Ratings, has warned that Nigeria’s exchange rate might appreciate due to scarcity of Naira notes. Fitch made this known in a report dated 14 February 2023 and

Fakoyejo Olalekan

2 years ago

Business

Naira Scarcity: 17 Bank Branches Attacked, Bank Workers Threaten Strike

Naira scarcity has resulted in attacks on 17 bank branches and N5 billion loss for the Deposit Money Banks (DMB), as the Central Bank of Nigeria (CBN) struggles to implement the Naira

Fakoyejo Olalekan

2 years ago

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CBN latest news - Page 20

CBN Begins Door-to-door Delivery Of New Naira Notes After Ganduje Threat

Naira Scarcity: Railway Managers Demand Cash, Reject Electronic Payment

IMF Calls For Review Of CBN Act 2007, Demand Release Of Financial Statements

‘Buhari Approved Naira Redesign, CBN Did Recolouring’- El-Rufai

Atiku Withdraws Support Over CBN’s Handling Of Old Naira Notes

Naira Crisis: Banks Will Remain Open So Long As It’s Safe To Do So – CIBN

CBN Denies Ordering Banks To Accept Old N500, N1000 Notes

Updated: Emefiele Orders Banks To Accept Old N500, N1,000, Set Condition For Depositors

Fitch Says Naira Scarcity Will Affect Dollar Demand, Exchange Rate

Naira Scarcity: 17 Bank Branches Attacked, Bank Workers Threaten Strike

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