Tag: CBN
CBN dissolves boards, management of Union, Keystone, Polaris banks
Abuja, Jan. 10, 2024 (NAN) The Central Bank of Nigeria (CBN) has dissolved the boards and management of Union Bank, Keystone Bank, and Polaris...
EFCC Raids Dangote Industries Headquarters in Forex Allocation Probe
Lagos, Nigeria, January 5, 2024: Operatives of the Economic and Financial Crimes Commission (EFCC) executed a search operation on Thursday at the headquarters of...
Agency banking contributes N7tn annually in transaction value – Lawmaker
Abuja, Nov. 22, 2023 (NAN) The Deputy Senate President, Sen. Barau Jibrin says agency banking contributes seven trillion Naira annually in transaction value.
Jibrin said...
Saudi Arabia to invest in Nigeria’s refineries, support CBN
Abuja, Nov. 10, 2023 (NAN) The Government of Saudi Arabia has pledged to invest in the revamp of Nigeria’s refineries, as well as provide...
FCT High Court grants Emefeile bail
Abuja, Nov. 8,2023(NAN)The Federal Capital Territory High Court on Wednesday admitted the embattled former Central Bank Governor, Godwin Emefiele, to bail.
The court ordered that...
CBN, association inaugurates e-Naira programme, targets 1m farmers
The Association of Northern Agricultural and Allied Commodities Practitioners (ANAACOP) and Central Bank of Nigeria (CBN) has inaugurated farmers programmable money agro e-Naira engagement.
The...
CBN disbursed N12.65bn as agriculture intervention since January – Emefiele
The Central Bank of Nigeria (CBN), has disbursed N12.65 billion to the Anchor Borrowers Programme (ABP), its flagship agriculture intervention scheme from January till date.
The...
CBN marks money week, focuses on financial literacy for children
The Central Bank of Nigeria (CBN), says there is the need to extend financial literacy to children to enable them plan for the future.
Chinyere...
CBN sets date for MPC meeting
The Central Bank of Nigeria has announced its Monetary Policy Committee meeting would be held on March 20 and 21, 2023.
The two-day meeting, according...
Finally, CBN accepts old N200, N500 and N1,000 notes as legal...
The Central Bank of Nigeria (CBN), on Monday, said that the old N200, N500 and N1,000 banknotes remain legal tender till Dec. 31.
According to...
CBN’s compliance with S/Court order on old Naira notes, victory for...
Gov. Bello Matawalle of Zamfara said the Central Bank of Nigeria (CBN)’s compliance with the Supreme Court Order on old currency notes was a...
Open banking: CBN issues guidelines for customer data sharing
The Central Bank of Nigeria, CBN, has issued operational guidelines for Open Banking to enhance efficiency, competition and access to financial services in the country.
CBN...
CBN disburses N114bn for 100-for-100 productivity policy
The Central Bank of Nigeria, CBN has disbursed N114.17bn to beneficiaries under its 100-for-100 Policy on Production and Productivity since the commencement of the...
Supreme Court ruling: Uncertainty as banks wait on CBN
Stakeholders in the financial sector and banks are divided over re-issuance of the old naira notes following the Supreme Court judgement extending their legal...
Presidency dismisses reports on disobeying Supreme Court ruling on legality of...
The Presidency has dismissed as false the assertion that the Federal Government or the Central Bank of Nigeria (CBN) had refused to recognise old...
Kebbi CP, DSS Director meet CBN, commercial bank managers over Naira...
The Police and DSS on Thursday held an emergency meeting with the Branch Controller CBN and all Commercial Bank Managers in Kebbi over shortage...
APC Governors Sue FG Over Naira Redesign as Cash Vanishes
Three Nigerian state governors from Kaduna, Kogi and Zamfara, have approached the Supreme Court seeking a halt to the Nigerian apex bank’s demonetization plan...
