CBN latest news - Page 24

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.

The Nigeria Ports Authority (NPA), the Nigeria Customs Service (NCS) and three other agencies have been accused of illegal auction of Federal Government properties.

Business

Pres. Buhari’s Request To Restructure CBN Loan Suspended Again

The House of Representatives has stated that it will not restructure some of the loans obtained by President Muhammadu Buhari from the Central Bank of Nigeria (CBN) until more information has been

Fakoyejo Olalekan

2 years ago

Business

CBN Act Prevents Banks From Rejecting Old Naira After Deadline, Emefiele Meets Reps

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said commercial banks will continue to receive the old Naira notes after the deadline on 10, February 2023. Emefiele said

Fakoyejo Olalekan

2 years ago

Business·Currency

Video: New Naira Scarcity Forces Nigerians To Fight At ATMs

The biting scarcity of the new naira notes, worsened by the deadline set by the Central Bank of Nigeria (CBN), has forced Nigerians to fight at the Automated Teller Machine point in

Victor Ezeja

2 years ago

Business

CPPE’s Muda Yusuf Tackles CBN’s Emefiele Over Naira In Circulation Claim

The founder of the Centre for the Promotion of Private Enterprise (CPPE), Muda Yusuf, has revealed that contrary to the statement of the Central Bank of Nigeria (CBN), cash is not supposed

Fakoyejo Olalekan

2 years ago

CPPE Highlights Why Nigerian Govt Should Review Customs FX Rate For Cargo Clearance

Business

Old Naira: Expert, Muda Yusuf, Compares UK, CBN’s Currency Transition, Obstacles

The former Director-General of the Lagos Chamber of Commerce and Industry (LCCI), Muda Yusuf, said on Monday, 30, January 2023, that the two months timeframe for the old Naira to cease being

Fakoyejo Olalekan

2 years ago

Business

Old Naira: How CBN’s Deadline Is Disrupting Ecowas Regional Trade – Dr. Muda Yusuf

The founder of the Centre for the Promotion of Private Enterprise (CPPE), Muda Yusuf, has revealed that the short deadline to phase out the old Naira notes is affecting trade in the

Fakoyejo Olalekan

2 years ago

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

Business

Banks To Hand Out Only N100, N50, N20, Other Lower Notes Amid New Naira Scarcity

The Central Bank of Nigeria (CBN) has ordered commercial banks to hand customers lower denominations for over-the-counter withdrawal amid the scarcity of new Naira notes. Prime Business Africa gathered that over-the-counter withdrawals

Fakoyejo Olalekan

2 years ago

CBN Places Service Restriction On PoS Agents Across Nigeria

Business

CBN’s Emefiele Says Old Naira Deadline Forcing Hoarders To Deposit Funds

Over N1.9 billion has been recovered from Naira hoarders, the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has disclosed. The central bank had disclosed out of N3.3 trillion local

Fakoyejo Olalekan

2 years ago

Nigeria's Treasury Bills Surpass N6.6trn In 2023 Amid Economic Headwinds

Business

Just In: Emefiele Extends CBN’s Deadline For Old Naira Notes By 10 Days

The Governor of the Central Bank of Nigeria (CBN) has extended the timeframe to phase out the old Naira notes two days before the initial deadline. Prime Business Africa had reported that

Fakoyejo Olalekan

2 years ago

Naira Records First Major Depreciation At Official Market In 2025

Business·Currency

Naira Gains Against Dollar On Back Of Increased Interest Rate

Following the increase in Nigeria’s interest rate by the Central Bank of Nigeria (CBN), the exchange rate between the naira and dollar depreciated on Wednesday, 26 January 2023. According to the data

Fakoyejo Olalekan

2 years ago

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CBN latest news - Page 24

Pres. Buhari’s Request To Restructure CBN Loan Suspended Again

CBN Act Prevents Banks From Rejecting Old Naira After Deadline, Emefiele Meets Reps

Video: New Naira Scarcity Forces Nigerians To Fight At ATMs

CPPE’s Muda Yusuf Tackles CBN’s Emefiele Over Naira In Circulation Claim

Old Naira: Expert, Muda Yusuf, Compares UK, CBN’s Currency Transition, Obstacles

Old Naira: How CBN’s Deadline Is Disrupting Ecowas Regional Trade – Dr. Muda Yusuf

Banks To Hand Out Only N100, N50, N20, Other Lower Notes Amid New Naira Scarcity

CBN’s Emefiele Says Old Naira Deadline Forcing Hoarders To Deposit Funds

Just In: Emefiele Extends CBN’s Deadline For Old Naira Notes By 10 Days

Naira Gains Against Dollar On Back Of Increased Interest Rate

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