Central Bank of Nigeria News – Page 10 of 24

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Food Prices Drop On CBN’s Naira Policy In Suleja, Lambata, Other Markets

Amid widespread hardship trailing Nigeria’s naira policy implementation, the country’s central bank says inflation is already abating and could pleasantly drop some 4 percent off its current 22 percent rate by mid

Uduegbunam Chukwujama

2 years ago

Business

CBN Reveals Three Steps To Deposit Old Naira Notes, Says Commercial Banks Will Not Accept It

The Central Bank of Nigeria (CBN) has stated that old Naira notes can only be deposited at the apex bank, disclosing that commercial banks will no longer accept them. In a statement

Fakoyejo Olalekan

2 years ago

CBN To Reveal Banks’ Disbursement Details Of New Naira Notes

Business

Naira Redesign: Falana Tackles Emefiele, Says CBN Incites Nigerians Against Banks

Godwin Emefiele-led Central Bank of Nigeria (CBN) has been criticised by human rights lawyer, Femi Falana, over the handling of the Naira redesign policy. He accused the central bank of inciting the public

Fakoyejo Olalekan

2 years ago

CBN Directs IMTOs To Use I&E Window Rate To Convert Diaspora Remittances

Business

Cash In Circulation Outside Banks Drops By N160 billion – New CBN Data Reveals

The currency outside the banking system has declined to N2.57 trillion, the Central Bank of Nigeria (CBN) has disclosed in the latest data published on its website. Prime Business Africa had reported

Fakoyejo Olalekan

2 years ago

Council Of State Tenders Two Solutions To Nigeria's Naira Scarcity Issue

Business

UPDATED: Print New Notes Or Release Old Naira – State Council

The Council of State has urged the Federal Government and the Central Bank of Nigeria (CBN) to either print more new Naira notes or recirculate the old banknotes. Members of the Council

Fakoyejo Olalekan

2 years ago

Business

Akeredolu, Ganduje Sue FG, As Battle Against CBN’s Naira Redesign Policy Intensifies

Ondo State Governor, Rotimi Akeredolu, and the Governor of Kano State, Abdullahi Ganduje, have also filed a suit against the Federal Government over the Central Bank of Nigeria’s (CBN) Naira redesign policy.

Fakoyejo Olalekan

2 years ago

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

Business

Naira Scarcity: Nigerians Have Been Betrayed By Banking System – TUC Says, Threatens FG

The Trade Union Congress (TUC) said Nigerians have been betrayed by the banking system due to the failure of the Central Bank of Nigeria (CBN) to successfully implement the Naira redesign policy.

Fakoyejo Olalekan

2 years ago

Governor of Nigerias Central Bank Godwin Emefiele

Business

Godwin Emefiele’s CBN Faults Nigerians For Naira Scarcity

Nigerians have been faulted for the scarcity of the Naira notes, as the Central Bank of Nigeria (CBN) said releasing more banknotes won’t solve the situation. The apex bank said Nigerians need

Fakoyejo Olalekan

2 years ago

Access Bank Obtains Central Bank of Angola’s Approval To Acquire 80% of Finibanco

Business

VIDEO: Female Student Suffers Panic Attack In Access Bank, Security Snubs Her

A female student allegedly suffered a panic attack at the Access Bank branch in Rivers State University, Port Harcourt, as Nigerians struggle to access their money from banks across the country. In

Fakoyejo Olalekan

2 years ago

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

Business

New Naira Scarcity Forces 80% Of PoS Operators To Shutdown

The National Chief Aggregating Officer of the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN), Hussein Olanrewaju, said 80 per cent of its members have shut down as a result

Fakoyejo Olalekan

2 years ago

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Central Bank of Nigeria News - Page 10

Food Prices Drop On CBN’s Naira Policy In Suleja, Lambata, Other Markets

CBN Reveals Three Steps To Deposit Old Naira Notes, Says Commercial Banks Will Not Accept It

Naira Redesign: Falana Tackles Emefiele, Says CBN Incites Nigerians Against Banks

Cash In Circulation Outside Banks Drops By N160 billion – New CBN Data Reveals

UPDATED: Print New Notes Or Release Old Naira – State Council

Akeredolu, Ganduje Sue FG, As Battle Against CBN’s Naira Redesign Policy Intensifies

Naira Scarcity: Nigerians Have Been Betrayed By Banking System – TUC Says, Threatens FG

Godwin Emefiele’s CBN Faults Nigerians For Naira Scarcity

VIDEO: Female Student Suffers Panic Attack In Access Bank, Security Snubs Her

New Naira Scarcity Forces 80% Of PoS Operators To Shutdown

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