Tag: CBN
Singapore-based diasporan makes case for leadership devt. in Nigeria
A Nigerian scientist based in Singapore, Dr Jonathan Obaje, has called for strategic measures aimed at promoting leadership development in Nigeria.
Obaje made the call...
Financial Inclusion: CBN targets 25,000 unbanked women, youth in Jigawa
The Central Bank of Nigeria (CBN) says it is targeting 25,000 women and youth in Jigawa state who have no bank account to do...
Bank Customers Lose N42.7bn to Fraudsters in 3 Months
Bank customers lost a whopping N42.755 billion to fraudulent activities perpetrated through social engineering in just three months.
Social engineering is when fraudsters trick individuals...
FCCPC, CBN, EFCC, others to investigate rights violation in money lending
The Federal Competition and Consumer Protection Commission (FCCPC), the Central Bank of Nigeria (CBN) and the Economic Financial Crimes Commission (EFCC) have commenced rights...
CBN says fake N1000, N500 note declined in 2020
The Central Bank of Nigeria (CBN) says the faking of higher denomination banknotes in Nigeria dropped 20.80 per cent in volume and 12.18 per...
MTN Nigeria get CBN approval for MOMO Payment Service Bankbe
MTN Nigeria Communications Plc says it has received Approval in Principle from the Central Bank of Nigeria (CBN) for a licence application for the...
CBN sensitises public on eNaira, other initiatives in Abia
The Central Bank of Nigeria (CBN) on Thursday commenced a two-day public sensitization on its newly launched digital currency, also known as eNaira and...
Bank Account without BVN attracts 2m Fine- CBN
The Central Bank of Nigeria (CBN), in a bid to promote financial system stability, has declared that financial institutions and customers that violate the...
CBN Spokesman faults calls for Emefiele’s resignation
The Spokesman of the Central Bank of Nigeria (CBN), Mr. Osita Nwanisobi has faulted claims from certain quarters for the resignation of the CBN...
CBN halts sale of forex to BDCs
The Central Bank of Nigeria (CBN) on Monday announced immediate discontinuation of sale of Foreign Exchange (forex) to Bureau de Change (BDC) operators in...
SERAP drags Buhari to court over $25b CBN overdrafts
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit asking the Federal High Court in Abuja to compel President Muhammadu Buhari to...
CBN move to distribute rice in order to crash price
The Central Bank of Nigeria (CBN) and the Rice Farmers Association of Nigeria (RIFAN) have stepped up efforts to reduce rice prices in...
CBN to sell N722bn treasury bills in Q3
The Central Bank of Nigeria (CBN) will auction treasury bills worth N722.17 billion with varying tenors in the third quarter of this year.
This was...
CBN Plans To Downsize Nigerian Imports By 35%
The Central Bank of Nigeria (CBN) has disclosed plans to reduce the country’s import bill by about 35 percent.
The CBN Governor, Godwin Emefiele, made...
CBN discloses agreement to mint Gambian currency
The Central Bank of Nigeria (CBN) has announced a pre-agreement with the Gambia regarding the printing of the Dalasi.
The Dalasi is the name of...
CBN’s digital currency to begin before 2022
The Central Bank of Nigeria (CBN) on Thursday said its digital currency may be launched by the end of 2021.
Rakiya Mohammed, an Information Technology...
CBN Governor Tasks State Governors on Investing in Agriculture
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has tasked Governors of the 36 States of Nigeria to make their...
