CBN Archives

CBN fines banks N1m daily over refusal of new naira

CBN seeks monarch’s help to sensitise residents

Oluwanifemi Ojo As the deadline for the exchange of old and new naira notes draws closer, the Central Bank Of Nigeria has sought the help of traditional rulers to accelerate the sensitisation about the new note. The new note which possess security features that make them difficult to counterfeit has been circulating since […]

aadelekepdnlimited-com
21st January 2023
0 Comments
164 Views

Monarchs begs CBN to extend old naira deadline

News

CBN permits DMBs to swap new, old naira notes across LGAs

The Central Bank of Nigeria has permitted Deposit Money Banks, Money Operators, and super agents to swap the old notes in local government areas to accelerate circulation of the new notes. This strategy would increase the availability of new notes and ensure that people don’t lose their money. This was stated in a circular […]

oamudipepdnlimited-com
21st January 2023
0 Comments
350 Views

Banking

Old naira: Commercial Banks to work Saturdays

The Central Bank of Nigeria has announced that commercial banks would work on Saturdays to receive the old Naira notes from customers. The Leader of the CBN inspection team to Ebonyi State on new Naira notes, Kama Ukpai, said this during an enlightenment campaign to traders, on Friday at Eke Market, Afikpo. Ukpai […]

aadelekepdnlimited-com
21st January 2023
6 Comments
278 Views

Banking

CBN to charge banks N1m daily over new currency

Wilson Adekumola The Central Bank Of Nigeria has said that any commercial bank that failed to comply with the newly redesigned naira notes in terms of picking up for distribution will incur charges of million naira per day. The Deputy Director on Research, Osun State Bracnch, Adeleke Adelokun made this known […]

aadelekepdnlimited-com
20th January 2023
1 Comment
212 Views

Banking featured

CBN fines banks N1m daily over refusal of new naira

Wilson Adekumola The Central Bank Of Nigeria has said that any commercial bank that failed to comply with the newly redesigned naira notes in terms of picking up for distribution will incur charges of million naira per day. The Deputy Director on Research, Osun State Bracnch, Adeleke Adelokun made this known during the sensitization […]

jonuorahpdnlimited-com
20th January 2023
3 Comments
216 Views

US deficits projected $1trn higher over next decade

Economy

Nigeria’s external reserves hit $136m in two weeks – CBN

The Central Bank of Nigeria have said the country’s external reserves rose by $136m in two weeks. The CBN disclosed this on Thursday, in its figures on movement on external reserves that the reserves which stood at $37.07bn as of January 3, 2023 rose to $37.2bn as of the end of January 18, 2023. […]

aadelekepdnlimited-com
20th January 2023
1 Comment
187 Views

News

CBN to sanction banks dispensing old notes

The Central Bank of Nigeria has stated that it would begin to sanction banks who are still dispensing the old naira notes. According to The PUNCH, this was disclosed by the Director of the Legal Services Department of the Central Bank of Nigeria, Mr. Kofo Salam-Alada, during a sensitisation event on the new naira notes […]

oamudipepdnlimited-com
19th January 2023
1 Comment
182 Views

featured Policy and Regulations

New naira: Govs, Emefiele meet over policy

Wilson Adekumola Members of the Nigeria Governor’s Forum will on Thursday meet the Governor of Central Bank, Godwin Emefiele to discuss some of the bank’s recent policies. The NGF spokesperson, Abdulrazaque Bello-Barkindo said, in a statement on Tuesday night that “Governor’s plan to engage Emefiele on the economic and security implication of naira redesign and […]

aadelekepdnlimited-com
18th January 2023
3 Comments
182 Views

Appeal Court overturns Emefiele’s asset forfeiture order

News

Police storm Emefiele’s Abuja residence

Oluwanifemi Ojo Operatives of the Nigeria Police Force reportedly stormed the Abuja residence of the Central Bank Governor, Godwin Emefiele, The PUNCH reported. AMBusiness reports that this is coming about 24 hours after the operatives of the Department of State Services stormed the CBN governor’s office, following his return to the country on Monday after […]

agencyreport
18th January 2023
2 Comments
246 Views

News

Kogi residents lament scarcity of new naira note

Oluwanifemi Ojo As the deadline issued on the old naira notes by the Central Bank of Nigeria draws closer, some of the Kogi State residents have lamented the scarcity of the new banknotes. The News Agency of Nigeria reported that most banks in Kogi State are yet to distribute the new note to the public […]

agencyreport
17th January 2023
0 Comments
234 Views

Emefiele orders banks to dispense old naira notes - Soludo

News

Emefiele ready for MPC after resumption – CBN

The Central Bank of Nigeria has confirmed that its governor, Godwin Emefiele, is fully focused on the first Monetary Policy Committee meeting of the year 2023 amid rumoured arrest attempt made by the Department of State Services. The apex bank made this known in a statement released on Monday by its Director, Corporate Communications, Osita […]

aadelekepdnlimited-com
17th January 2023
6 Comments
195 Views

News

PoS operators won’t increase service charge – AMMBAN

The Association of Mobile Money and Bank Agents in Nigeria have said they have no plans to increase their service charges.Speculations have gone round following the Central Bank of Nigeria’s decision to review cash withdrawal limits for Automated Teller Machines and over-the-counter withdrawals, that Point of Sale operators might have to increase their charges to […]

aadelekepdnlimited-com
17th January 2023
3 Comments
292 Views

NMDPRA urges Africa to adopt regional fuel pricing

Seplat sells 10% JV stake to NNPCL for

BREAKING: Femi Otedola acquires ₦222.20bn First HoldCo shares

World Bank warns Nigeria risks missing AI revolution

Contact Info

Some Populer Post

NMDPRA urges Africa to adopt regional fuel pricing benchmark

Seplat sells 10% JV stake to NNPCL for $281.6m

Resident doctors declare indefinite nationwide strike from August 10

Lagos reopens six steel firms after pollution compliance

Tag: CBN

CBN seeks monarch’s help to sensitise residents

CBN permits DMBs to swap new, old naira notes across LGAs

Old naira: Commercial Banks to work Saturdays

CBN to charge banks N1m daily over new currency

CBN fines banks N1m daily over refusal of new naira

Nigeria’s external reserves hit $136m in two weeks – CBN

CBN to sanction banks dispensing old notes

New naira: Govs, Emefiele meet over policy

Police storm Emefiele’s Abuja residence

Kogi residents lament scarcity of new naira note

Emefiele ready for MPC after resumption – CBN

PoS operators won’t increase service charge – AMMBAN

NMDPRA urges Africa to adopt regional fuel pricing.

Seplat sells 10% JV stake to NNPCL for.

Resident doctors declare indefinite nationwide strike from August.

Lagos reopens six steel firms after pollution compliance

Sign Up for Our Newsletter