CBN
CBN appoints new managements for Union Bank, Polaris Bank, Keystone Bank
The Central Bank of Nigeria (CBN) has appointed new executives for Union Bank, Keystone Bank and Polaris Bank, following the dissolution of their...
CBN dissolves managements, boards of Titan Trust Bank, Union Bank, two others
The Central Bank of Nigeria (CBN) has welded the big stick by dissolving the boards and managements of Titan Trust Bank, Union Bank...
FX backlog: CBN disburses $61.6m to foreign airlines
A $61.64 million payment to international airlines has been made through a number of Deposit Money Banks (DMBs) by the Central Bank of...
CBN debunks report of failing capital adequacy in Nigerian banks
The Central Bank of Nigeria (CBN) has urged Nigerians to disregard reports listing Nigerian banks as failing the Capital Adequacy Ratio (CAR) stress...
Just in: CBN halts processing fees on large cash deposits
The Central Bank of Nigeria (CBN) has announced the immediate suspension of processing fees on large cash deposits. The change cited under the...
CBN raises alarm over counterfeit Naira notes in circulation
The Central Bank of Nigeria (CBN) has raised alarm over the circulation of counterfeit banknotes across the country. According to the apex bank,...
CBN Gov. Cardoso approves apex bank’s reviewed service charter
In its bid to strengthen the core values and the working mechanism of the banking sector, the Central Bank of Nigeria (CBN) Governor,...
CBN to freeze accounts without BVN,NIN from March 2024
The Central Bank of Nigeria (CBN) said on Friday that it will freeze accounts or wallets without Bank Verification Number (BVN) and National...
Old, new Naira notes to co-exist till further notice, Supreme Court rules
The Supreme Court on Wednesday ordered that the old N200, N500, N1000 notes should continue to co-exist with the new notes until further...
VP Shettima presides over 4th NEC meeting at State House
The 4th National Economic Council (NEC) meeting is currently underway at the State House, Abuja, with Vice-President Kashim Shettima presiding as Chairman. The...
Again CBN postpones MPC meeting
Amid the high inflation rate, the Central Bank of Nigeria (CBN) has postponed its Monetary Policy Committee meeting (MPC). No date has been...
Old Naira notes remain legal tender, no one should reject them — CBN
The Central Bank of Nigeria (CBN) has clarified that all banknotes it has issued remains a legal tender and should not be rejected...
No plans to redenominate the Naira – CBN
The Central Bank of Nigeria (CBN) has refuted report in a section of the media that it plans to redenominate the Naira with...
Just in: Reps summons Cardoso, set to investigate decision to lifts FX ban on toothpick, cement and 41 items
The House of Representatives has invited the Central Bank of Nigeria (CBN) Governor, Dr. Yemi Cardoso over the revised policy to lift the...
Foreign exchange: CBN lifts restrictions on 43 items
The Central Bank of Nigeria (CBN) has announced that Importers of all the 43 items previously restricted in 2015 are now free to...
Tinubu’s economic reforms target $1trn GDP growth by 2030 – CBN Gov. Cardoso
The Central Bank of Nigeria Governor, Mr. Yemi Cardoso, says the administration of President Bola Ahmed Tinubu, can grow the country’s Gross Domestic...
