CBN directive: Traders still skeptical on collection
Some traders in various markets of the FCT are still skeptical about collecting the old Naira notes in spite of Central Bank Nigeria’s (CBN) directive. Some traders at…
CBN Issues Phone Number to Report PoS Operators Charging High Rate
The Central Bank of Nigeria has issued steps, an emergency number, and an email address where Nigerians could report Point of Sales (PoS) operators selling, issuing, or charging…
Old naira notes: Banks comply with CBN’s directives
There is relief in Abuja as some commercial banks commenced paying of old N500 and N1000 notes to their customers.Information Guide Nigeria THE AUTHORITY reports that when they…
Old notes: Emefiele in contempt for not directing banks – Sagay
An eminent professor of law Itse Sagay (SAN) has said that the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele is in contempt if he has not…
BREAKING: CBN directs banks to collect old N500, N1,000 notes
The Central Bank of Nigeria (CBN) has issued a directive to commercial banks to collect old N500 and N1,000 notes from customers.Information Guide Nigeria According to THE NATION,…
CBN issues operational guidelines on open banking
The Central Bank of Nigeria has issued operational guidelines for open banking in Nigeria. According to the News Agency of Nigeria (NAN), the guidelines establish principles for data…
CBN to raise N1.13tn for Nigerian govt
The Central Bank of Nigeria has announced its plans to raise N1.13 trillion for the government of Nigeria through treasury bills in the second quarter of 2023.Information Guide…
Only 24% of CBN Anchor Borrowers’ loans repaid – IMF
The International Monetary Fund (IMF) says that only 24 percent of loans disbursed under the Anchor Borrowers’ Programme of the Central Bank of Nigeria (CBN) have been repaid.Information…
Banks not shutting down services for elections – ACAMB
An umbrella body of corporate and marketing communications in Nigeria’s banking sector, the Association of Corporate Affairs Managers of Banks (ACAMB) has debunked rumours trending on social media…
Supreme Court Gives Firm Position on Suit Involving CBN
The Supreme Court has said that the long dispute over the naira redesign and cash swap policy by the Central Bank of Nigeria (CBN) must be resolved on…