Tag: Central Bank of Nigeria
Fraud Complaints, 2,432 Excess Charges Were Received By Us – CBN
The Central Bank of Nigeria has said it received 2,432 complaints against financial institutions in the first six months of this year.
This was contained...
Nigerians To Start Spending New Naira Notes On Thursday, Banks Reconfigure...
The newly redesigned naira notes will go into circulation on Thursday with Deposit Money Banks releasing the bills to their customers via over-the-counter payments.
This...
CBN Jacks Up Cost Of Rehabilitating National Arts Theater From $100m...
The Governor of the Central Bank of Nigeria, Godwin Emefiele, on Saturday, said the Bankers’ Committee has raised the amount it planned to spend...
CBN To Individual Nigerians: As From 2023, You Can Only Withdraw...
The Central Bank Of Nigeria has imposed fresh cash withdrawal limits on individuals and organisations, which takes effect from January 9, 2023.
According to a...
How CBN Defended Naira With $11.24bn In Seven Months
The Central Bank of Nigeria injected $11.24bn into the economy to stabilise the value of the naira from January 2022 to July.
This was obtained...
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...
