CBN
Effective Ist March, 2023, three-year jail term, N10m, N25m fines await violators of cash withdrawals from public accounts
In a bid to give teeth to the Money Laundering Act, the Federal Government has slammed a ban on cash withdrawal from Public...
Alleged stolen N89trn Stamp Duty: We are awaiting outcome of probe — Finance Minister
The Federal Government says it is awaiting the outcome of investigations into the allegations by a House of Representatives member that stamp duty...
Murdered ex-CBN staff’s son’s body recovered in Ogun
The corpse of Oreoluwa, the son of the murdered ex-CBN staff, Mr Kehinde Fatinoye, has been found in a river in Ogun, three...
New Year tragedy: Ex-CBN top staff, wife roasted in own sprawling house in Ogun
Abeokuta, the Ogun State capital, was on New Year day hit by the tragic news of the roasting of Mr Kehinde Fatinoye, retired...
Terrorism sponsorship: Abuja Court restrains DSS from arresting, intimidating, inviting CBN Gov. Emefiele
The Department of State Services (DSS) was on Thursday restrained by Federal High Court sitting in Garki, Abuja from arresting, intimidating, and inviting...
CBN finally buckles, increases weekly cash withdrawal limits
Bowing to pressure, the Central Bank of Nigeria (CBN) has raised its weekly cash withdrawal limits set for individuals and corporate organisations. The...
Rash of protests hit Abuja over trump up charge of terror financing against CBN Gov. Emefiele
A suit allegedly and “secretly” filed by the Department of State Service (DSS) to arrest and try the Central Bank of Nigeria (CBN),...
Naira redesign: CBN pegs weekly cash withdrawals to N100k, N500k for individuals, companies
With immediate effect, Nigeria’s Central Bank (CBN) has pegged the over-the-counter cash withdrawals by individuals and corporate entities at N100, 000 and N500,...
CBN’s Naira redesign: A political flip-flop or fiscal game changer to rescue the currency?
Kingsly Moghalu ``The move by the CBN is also a way to withdraw currency from circulation, an unorthodox way of tightening the money...
38 years after, Buhari makes history, unveils redesigned Naira notes
Nearly 38 years after he changed the nation’s currency as a military Head of State, President Muhammadu Buhari on Wednesday unveiled the re-designed...
CBN increases interest rate to 16.5 % to tame inflation.
The Monetary Policy Committee of the Apex bank voted on Tuesday to increase the benchmark interest rate by 100 basis point to 16.5...
Buhari committed to Naira redesigning, unveils new notes
President Muhammadu Buhari will on Wednesday, November 23, 2022, unveil the newly designed N1,000, N500 and N200 notes and this is official. The...
CBN-sponsored N65bn refurbished Lagos National Theatre Complex ready to host UN World Tourism Organisation Conference Nov. 14
The first phase of the rehabilitation of the National Theatre, Lagos, constructed for the hosting of FESTAC 1977 and sponsored by the Central...
New Naira notes: CBN Gov. got my approval, says Pres. Buhari, counters Finance Minister
The face-off between Finance Minister Zainab Ahmed and the Central Bank of Nigeria Gov. Godwin Emefiele over the redesigning of Naira notes may...
Redesigned Naira notes: CBN replies Finance Minister, insists it followed due process
Following claims by the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmad, that her ministry was not consulted, the Central Bank...
Ex-CBN Chief hails Emefiele over Naira redesigning, says it’s a necessary step for economy
A former Deputy Governor of the Central Bank of Nigeria (CBN), Dr Kingsley Moghalu, has thrown his weight behind the apex bank’s decision...
