Tag: CBN
Enugu hospital, traders, transporters reject old N500, N1,000 notes
Some business owners in Enugu have continued to reject the old naira notes for transactions in spite of the Supreme Court judgement validating them.
Many...
Banks issue old notes in Abuja, customers lament rejection
Commercial banks in the Federal Capital Territory (FCT), Abuja have started issuing the old Naira notes to customers.
Checks at some banks in Abuja on...
CBN issues operational guidelines on open banking
The Central Bank of Nigeria (CBN) on Wednesday, March 8, issued operational guidelines for open banking in Nigeria on Wednesday.
The guidelines establish principles for...
Banks begin payment of old N500, N1,000 notes
Some commercial banks have started paying customers old N500 and N1,000 notes on Monday, March 6.
Some of the banks that paid the old notes...
CBN replies IMF: Nigerian farmers’ve repaid N503bn loan
The Central Bank of Nigeria (CBN) has disclosed that the total repayment of loans under the Anchor Borrowers’ Programme (ABP) stood at N503 billion,...
El-Rufai: Emefiele introduced naira policy to help PDP win 2023 elections
Kaduna State Governor, Nasir El-Rufai, has accused the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, of introducing the naira redesign policy...
Zenith Bank gets CBN’s approval to operate as HoldingCo
The Central Bank of Nigeria (CBN) has granted an approval in principle to Zenith Bank to operate as a holding company (HoldCo).
The bank’s Company...
Supreme Court faults Buhari over naira redesign policy
The Supreme Court has faulted President Muhammadu Buhari for failing to consult the state governors on the implementation of the naira redesign policy.
The apex...
S’Court: Old N200, N500, N1,000 notes remain valid till December
The Supreme Court has ruled that the old N200, N500 and N1,000 notes remain legal tender till December 31, 2023.
The court also declared the...
CBN rule forces out Zenith Bank’s Deputy Managing Director
The Deputy Managing Director of Zenith Bank Plc, Dr Adaora Umeoji has retired from the bank following the new tenure limits for banks’ executives...
