Tag: CBN
CBN assures adequate cash supply, says N3.4trn in circulation
The Central Bank of Nigeria (CBN) has reassured Nigerians of enough naira notes in circulation, to cater for their cash needs.
The CBN Acting Director,...
CBN: Nigerian banks are buoyant
The Central Bank of Nigeria (CBN) has assured the banking public that Nigerian banks are buoyant.
The CBN said this in a statement issued by...
CBN suspends processing fees on cash deposits
The Central Bank of Nigeria (CBN) has suspended the charging of processing fees of two per cent and three per cent on all cash...
CBN: Why there’s naira scarcity
The Central Bank of Nigeria (CBN) has disclosed the reasons behind the scarcity of naira notes in the country.
There have been a series of...
CBN warns Nigerians: Fake Naira notes in circulation
The Central Bank of Nigeria (CBN) has raised the alarm over counterfeit Naira banknotes in circulation.
CBN’s Acting Director, Corporate Communications, Mrs. Hakama Sidi Ali,...
CBN approves reviewed service charter to improve customer experience
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has approved the reviewed service charter of the apex bank to enhance customer...
CBN to freeze accounts without BVN, NIN
The Central Bank of Nigeria (CBN) has declared that a “Post no Debit” restriction on all bank accounts without Bank Verification Number (BVN) and...
Economy: CBN announces new recapitalisation for banks
The Central Bank of Nigeria (CBN) has announced plans to implement a new round of banking recapitalisation for the Deposit Money Banks (DMBs) in...
CBN: Rice, cement, poultry products, others not totally banned
The Central Bank of Nigeria (CBN) has clarified that the 43 items were never explicitly prohibited from importation or sale in Nigeria.
The CBN Governor,...
Court sends Emefiele to Kuje prison
Former Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has been remanded in Kuje correctional centre until November 22.
Justice Hamza Muazu of...
