Tag: CBN
Senate orders CBN to release $717.4m trapped funds to foreign airlines
The Senate, on Wednesday, May 17, directed the Central Bank of Nigeria (CBN) to release $717,478,606 airlines funds trapped in the country.
The Senate also...
CBN: BVN has no expiry date
The Central Bank of Nigeria (CBN) says the Bank Verification Number (BVN) issued in the country has no expiry date, as reported by a...
CBN: We’ll penalise shipping coys exporting undocumented cargoes
The Central Bank of Nigeria (CBN) has threatened to penalise shipping companies exporting undocumented cargoes from the country.
The CBN Governor, Godwin Emefiele, made the...
Emefiele: Export proceeds repatriation rises by 40% to $5.6bn
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says the export proceeds repatriation into the country increased by 40 per cent...
CBN: No plans to withdraw new naira notes from circulation
The Central Bank of Nigeria (CBN) says it has no plans to phase out the redesigned naira notes from circulation.
The CBN Acting Director, Corporate...
CBN: e-Naira ensures safety of money in banks
The Central Bank of Nigeria (CBN) has assured Nigerians of the safety of their money in banks through the operation of the e-Naira.
The Director...
George-Taylor appointed Heritage Bank MD
The Board of Directors of Heritage Bank has announced the appointment of Akinola George-Taylor as the Managing Director/Chief Executive Officer of the bank.
This was...
Naira redesign: Farmers seek FG’s compensation over losses
The All Farmers Association of Nigeria (AFAN) has appealed to the Federal Government to compensate farmers for losses recorded during the implementation of the...
Cash availability: Customers lament exorbitant PoS charges
Some Point of Sale (PoS) operators are still charging above the usual service charge in spite of the Central Bank of Nigeria’s (CBN) directive.
A...
Govs, CBN, ICPC, EFCC, FIRS meet over security votes, cashless policy
The governors of the 36 states of the federation have resolved to meet with all the economic and financial agencies in the country on...
