Tag: CBN
NLC: Why we suspended planned strike over naira scarcity
The Nigeria Labour Congress (NLC) has revealed the reasons behind the suspension of its planned strike scheduled to commence on Wednesday, March 29 over...
Naira scarcity: NLC, TUC extend ultimatum to CBN by 2 weeks
The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have extended the ultimatum issued to the Central Bank of Nigeria (CBN) to...
Naira scarcity: Queues gradually disappear as banks, ATMs dispense cash
Long queues at commercial banks in Lagos have continued to disappear following the injection of more bank notes by the Central Bank of Nigeria...
Customers throng banks as lenders open for weekend operations
Banks in satellite towns of the Federal Capital Territory (FCT), on Saturday, opened for business as directed by the Central Bank of Nigeria (CBN).
NAN correspondent,...
Naira scarcity: CBN orders banks to operate on Saturday, Sunday
The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) across the country to open for operation on Saturdays and Sundays to...
Naira scarcity: Reps order CBN, banks to overhaul online, transfer platforms
The House of Representatives has asked the Central Bank of Nigeria (CBN) to direct commercial banks in the country to urgently overhaul their online...
CBN returns old naira notes to banks, cancels withdrawal limits
The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to begin the disbursement of old N200, N500, and N1,000 notes to...
NLC orders workers to protest at CBN offices over naira scarcity
The Nigeria Labour Congress (NLC) has ordered all workers to protest at the offices of the Central Bank of Nigeria (CBN) across the country...
CBN raises interest rate to 18%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) to 18 per cent from...
Naira scarcity: States set to sue Malami, Emefiele over CBN’s partial...
Some state governments have concluded plans to reactivate the contempt charges filed against the Attorney General of the Federation (AGF) and Minister of Justice,...