Central Bank of Nigeria News – Page 11 of 24

CBN Failed In Duty To Manage Naira Redesign Policy – Dakuku Peterside

The former Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dakuku Peterside, said the Central Bank of Nigeria (CBN) failed in its duty to manage the transition from the

Fakoyejo Olalekan

2 years ago

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

Business

Nigerians Divided Over Who To Blame For CBN’s Naira Redesign Crisis

Nigerians are divided over who to blame for the crisis that has erupted from the transition from the old Naira to the redesigned banknotes. Prime Business Africa reported that Nigerians are stripping

Fakoyejo Olalekan

2 years ago

Sterling Bank, AATIF Raise $15m To Fund Renewable Energy-powered Agro-enterprises

Business

Sterling Bank Accused Of Hoarding New Naira Notes, Faces CBN Penalty

Sterling Bank has been accused by the Central Bank of Nigeria (CBN) of breaching the financial regulator’s directive by hoarding the new Naira banknotes from the public. In a trending video, about

Fakoyejo Olalekan

2 years ago

Business·Currency

Prime Business Africa Hosts Twitter Space To Discuss CBN’s Naira Debacle

As Nigerians suffer the ripple effect from the Central Bank of Nigeria’s (CBN) hasty transition from the old Naira to the redesigned banknotes, Prime Business Africa has organised a Twitter space to

Fakoyejo Olalekan

2 years ago

Call CBN to arrest POS agents selling naira notes

Business

Old Naira: PoS Operators, Market Women Risk Jail Term, As CBN Threatens Arrest

The Godwin Emefiele-led Central Bank of Nigeria (CBN) has warned that the financial regulator will start arresting persons selling the Naira notes. In a circular released on Thursday, 2, February 2023, the

Fakoyejo Olalekan

2 years ago

Business

CBN Sets Limit For GTBank, Zenith Bank, Others On New Naira Withdrawal

The Central Bank of Nigeria (CBN) has instructed Guaranty Trust Bank (GTBank), Zenith Bank, and other commercial banks to start distributing the redesigned Naira notes over the counter. Recall that the central

Fakoyejo Olalekan

2 years ago

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

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

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Central Bank of Nigeria News - Page 11

CBN Failed In Duty To Manage Naira Redesign Policy – Dakuku Peterside

Nigerians Divided Over Who To Blame For CBN’s Naira Redesign Crisis

Sterling Bank Accused Of Hoarding New Naira Notes, Faces CBN Penalty

Prime Business Africa Hosts Twitter Space To Discuss CBN’s Naira Debacle

Old Naira: PoS Operators, Market Women Risk Jail Term, As CBN Threatens Arrest

CBN Sets Limit For GTBank, Zenith Bank, Others On New Naira Withdrawal

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

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

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

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