CBN

LG autonomy: FG directs 774 councils to open account with CBN

LG autonomy: FG directs 774 councils to open account with CBN The 774 local government areas in Nigeria have been mandated to…

1 year ago

CBN slams N1.35bn fine on 9 banks for ATM cash shortage

CBN slams N1.35bn fine on 9 banks for ATM cash shortage The Central Bank of Nigeria (CBN) has imposed a total…

1 year ago

Currency in circulation now N4.8tn – CBN report

Currency in circulation now N4.8tn - CBN report Currency in circulation has reached an all-time high of N4.8 trillion as of…

1 year ago

CBN fines bank found hoarding cash N150m

CBN fines bank found hoarding cash N150m The Central Bank of Nigeria (CBN) has imposed a N150 million fine on…

1 year ago

CBN permits BDCs to buy up to $25,000 FX weekly from NFEM

CBN permits BDCs to buy up to $25,000 FX weekly from NFEM The Central Bank of Nigeria (CBN) has granted…

1 year ago

CBN imposes N150 million fine on banks for illicit mint naira transactions

CBN imposes N150 million fine on banks for illicit mint naira transactions  The Central Bank of Nigeria (CBN) has taken…

1 year ago

Old naira notes will remain in circulation indefinitely – CBN

Old naira notes will remain in circulation indefinitely - CBN The Central Bank of Nigeria (CBN) has said the old N1,000, N500,…

1 year ago

JUST IN: House of Reps opposes CBN’s plan to retire 1,000 workers

JUST IN: House of Reps opposes CBN’s plan to retire 1,000 workers The House of Representatives has kicked against the…

1 year ago

CBN to retire 1,000 workers, focuses on contactless payment systems

CBN to retire 1,000 workers, focuses on contactless payment systems To safeguard Nigeria’s financial system, nurse the economy back to good…

1 year ago

CBN issues new forex guidelines on BDC transactions

CBN issues new forex guidelines on BDC transactions The Central Bank of Nigeria (CBN) has introduced updated guidelines that allow…

1 year ago