Naira redesign stabilised combats banditry – CBN
The Central Bank of Nigeria, CBN, has said that its naira redesign policy led to relative stability in the exchange rate.Information Guide Nigeria According to the apex bank,…
CBN issues guidelines for banks, OFIs on license conversion
THE Central Bank of Nigeria, CBN, has rolled out Regulatory Guidelines to guide banks and Other Financial Institutions (OFIs) interested in the conversion or re-categorization of their licenses….
NLC Gives CBN 2wks to normalise supply
THE Nigeria Labour Congress, NLC, has suspended its planned nationwide indefinite strike and picketing of Central Bank of Nigeria, CBN, offices over the scarcity of naira notes.Information Guide…
BREAKING: CBN orders Banks to open on Saturdays and Sundays
The Central Bank of Nigeria (CBN) has directed all commercial banks in the country to open for operation on Saturdays and Sundays.Information Guide Nigeria This is following the…
JUST IN: CBN Disburses Old Naira Notes to Banks
The Central Bank of Nigeria (CBN) has began the disbursement of old naira notes as the Nigerian government intensified efforts to end the crippling cash scarcity.Information Guide Nigeria…
International Women’s Day: CBN Gov. seeks gender parity
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has felicitated with Nigerian women on on International Women’s Day.Information Guide Nigeria Emefiele called for more…
BREAKING: CBN governor apologises to Nigerians for failed online transactions
Governor, Godwin Emefiele of the Central Bank of Nigeria, on Tuesday, apologised to Nigerians for the failed online transactions.Information Guide Nigeria Godwin Emefiele admitted challenges faced by bank…
CBN admits weak links in cash withdrawals, raises policy rate
The Central Bank of Nigeria, CBN, has admitted failures in the online payment channels that have frustrated banks’ customers in the past two months.Information Guide Nigeria The apex…
CBN: our banks not affected by US banks’ failure
The Central Bank of Nigeria (CBN) has dispelled fears of a possible backlash, or linkage of the banking sector failure, or instability arising from the collapse of some…
Old Naira: Pains persist despite fresh CBN orders
Barely three days after the Central Bank of Nigeria declared old N1,000, N500 and N200 notes as legal tender, commercial banks are complaining about shortage of cash.Information Guide…