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6 Uncomplicated Ways to Get Studying Fun

  • July 26, 2020
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Acestea sunt semne bune că vor oferi mult

  • July 28, 2021
Naira falls N777 against dollar after CBN announcement
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Investment commission pledges FDI support to improve Nigeria’s

  • March 6, 2022
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Nigeria’s gas revolution will lift West Africa’s energy

  • March 6, 2022

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Tag: CBN

Ex-ANAN president, Dr. Samuel Nzekwe
Banking

Bank vandalism not solution to naira scarcity – Ex-ANAN president

Wilson Adekumola     The Former President, Association of National Accountants of Nigeria, Dr Samuel Nzekwe has admonished the protesters across the country against destroying Government and bank properties, saying bank vandalism is not a solution to naira scarcity.     Nzekwe gave this admonition while speaking with journalists on Sunday in Ota, Ogun State […]

NUPENG, EFCC collaborate to combat oil theft
News

EFCC, ICPC investigate Nigerians depositing millions of old N500, N100 at Ilorin CBN

Anti-corruption agencies have began investigating the depositors of millions of old N500 and N1,000 notes at the Central Bank of Nigeria’s Ilorin branch. According to Daily Post, operatives of the Economic and Financial Crimes Commission, and Independent Corrupt Practices Commission, among others are on ground to supervise lodgments and educate depositors on the ramifications involved […]

IMF calls for CBN's 2017 Act review
News

IMF calls for CBN’s 2017 Act review

  The International Monetary Fund has requested that the Central Bank of Nigeria Act 2007 be reviewed in order to increase the bank’s autonomy and governance. IMF made the demand in the latest report titled ‘Nigeria: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Nigeria’. The need for a […]

The snippet of the CBN's registration portal dashboard
Business

Old naira: What to know about CBN’s deposit portal

The Central Bank of Nigeria on Wednesday launched an online portal as one of the measures to ease the hardship caused by the scarcity of new naira notes. The aim of the portal is to redeem the old N1000 and N500 cash still held by Nigerians and facilitate the process of depositing the cash in […]

Banks collect old N500, N1000 despite CBN order
News

Banks collect old N500, N1000 despite CBN order

  Wilson Adekumola Some Commercial Banks on Saturday morning were reportedly collecting old N500 and N1,000 notes from customers despite the Central Bank of Nigeria order. This is came barely 24 hours the Central Bank of Nigeria, in a statement, said that it did not direct banks to collect the old N5,00 and N1,000 notes […]

The old 500 and 1000 naira noted
Business

Old naira: Buhari, CBN, govs throw Nigerians into confusion

El-Rufai, Ganduje, Abiodun disregard Buhari’s order… Nigerians have been thrown into a state of confusion by the President, Major General Muhammadu Buhari, the Central Bank of Nigeria and some state governors owing to their conflicting positions on the old and new naira policy. Punch Metro reported that Buhari on Thursday ordered the CBN to allow […]

The old 500 and 1000 naira noted
Business

CBN orders banks to collect the N500, N1000 notes

The Central Bank of Nigeria has ordered commercial banks to collect the N500 and N1000 notes from people as deposits, with immediate effect. However, the apex bank still stands on the fact that the old N500 and N1000 are no longer legal tender. Meanwhile, they are still redeemable when taken to commercial banks. CBN pegged […]

PHOTOS: Ogun market women protest naira scarcity
Business

PHOTOS: Ogun market women protest naira scarcity

Marcus Amudipe The current shortage of naira notes and the rejection of the old N1,000 and N500 notes has made market women in Ogun State on Friday morning storm the market to protest. AM Business on February 14 reported that the Central Bank of Nigeria has declared that the old naira notes had ceased to […]

The snippet of the CBN's registration portal dashboard
Business

Mixed reactions as CBN launches old naira notes deposit portal

The Central Bank of Nigeria has on Tuesday stated that it would launch an online registration portal that would facilitate the process of depositing old notes in any of its branches. The portal was opened on Wednesday to the public and people have been urged to make their registrations provided they have an account, Bank […]