Tag: Central Bank of Nigeria
CBN Launches Countdown Clock To Usher In New Naira Notes
The Central Bank of Nigeria has launched a countdown clock on its website for the January 31, 2023 deadline for the N200, N500, and...
Confirmed! Nigerian Banks Now To Operate On Saturdays From December 15
The Central Bank of Nigeria has instructed commercial banks in the country to work on Saturdays till January 31, 2023, to enable bank customers...
Redesigning Of Nigeria’s Naira: CBN Secures Senate’s Backing
The Nigerian Senate on Wednesday resolved to provide legislative support for the policy of the Central Bank of Nigeria (CBN) to redesign the naira.
The...
Over $3.5bn Released By CBN For Foreign Education Under Buhari
Data obtained from the website of the Central Bank of Nigeria on Sunday revealed that Nigeria’s educational sector suffered massive capital flight during the...
Emirates Suspends Flights To Nigeria Over Tapped Forex
Dubai based Emirates Airlines has disclosed plans to suspend operations into Nigeria indefinitely effective from October 29, 2022.
According to a statement by the airline...
Students Admonished By CBN To Pay School Fees With eNaira
The Central Bank of Nigeria (CBN) has advised students to use the eNaira platform to pay school fees and other payments.
The advice came during...
Why Foreign Textile Materials’ Importers Must Be Arrested – Dangote
Nigeria and Africa’s richest man, Aliko Dangote, has demanded that all dealers of foreign textile materials should be arrested by the Federal Government with...
Proposed Sale Of Polaris Bank Halted By House Of Reps
The House of Representatives has asked the Central Bank of Nigeria (CBN) to immediately suspend the planned sale of Polaris Bank Plc pending the...
New Temporary Loan Access Rules For Banks Set By CBN
The Central Bank of Nigeria (CBN) has set new rules on how banks can access loans from its discount window on auction days.
The new...
Support For Real Sector: CBN Disburses N2.1tr
The Central Bank of Nigeria (CBN) says it has disbursed N2.1 trillion to 426 projects to support the real sector of the economy.
Director, Corporate...
