Tag: Central Bank of Nigeria
More Pressure On Nigerian Banks As Cash Flight Persists
Customers are withdrawing unusually large volumes of cash from Nigerian banks and are depositing less, raising fears in financial circles.
A customer survey at the...
CBN To Nigerians: Fake Naira Notes Are Now In Circulation
The Central Bank of Nigeria has warned Nigerians to be wary of counterfeit naira notes in circulation amid reports of currency shortage in the...
PoS Operators To CBN: Extend BVN/NIN Deadline
Stakeholders in the economy have urged the Central Bank of Nigeria to extend the deadline to enforce its new directives to banks to ensure...
All Set For CBN To Revise Measures To Cut Food, Energy...
A new price management and stability framework that will lead to improvement in average living standards is underway.
The inflation management plan, soon to be...
Recapitalization Of Banks: CBN Hailed By Experts
Two financial experts have commended the Central Bank of Nigeria for its plan to further recapitalize Deposit Money Banks.
They gave the commendations in separate...
Meet Haruna Musa, Jaiz Bank’s New Managing Director
Nigeria’s premier and largest non-interest bank, Jaiz Bank Plc has appointed Mr. Haruna Musa as the substantive managing director - the appointment has been...
NGX To FG: Prioritise Listed Companies In FX Access
The Nigerian Exchange Limited has called on the Federal Government and the Central Bank of Nigeria to prioritize listed corporates in their procurement processes...
CBN To Nigerians: Your Old Naira Notes Remain Legal Tender Indefinitely
The Central Bank of Nigeria has extended the validity of the old N200, N500 and N1,000 notes indefinitely and has therefore, asked the people...
CBN To Nigerians: Old, New Naira Notes Remain Legal Tenders
The Central Bank of Nigeria (CBN) has reiterated that all denominations of naira notes it issued remain legal tender and should be accepted as...
CBN: We’ve No Plan To Redenominate, Restructure Naira
The Central Bank of Nigeria has said that it has no plan to redenominate or restructure the naira notes in 2024.
The apex bank said...
