Tag: CBN

In a bid to safeguard Nigerians from falling victim of fake naira notes in circulation, the Central Bank of Nigeria (CBN) has released the security features of the new naira ...

Femi Falana, a Senior Advocate of Nigeria, has described as illegal the Central Bank of Nigeria’s cash withdrawal limits. It should be recalled that the apex bank recently announced a ...

Few days after the Central Bank of Nigeria (CBN) revealed plans to redesign the naira with the new notes which will be in circulation from December 15, 2022, the Minister of ...

The Central Bank of Nigeria (CBN) has directed microfinance banks that are operating in the rural areas not to overshoot its credit facility to customers beyond N500,000. This was stated ...

The Central Bank of Nigeria (CBN) has disclosed that it could not enforce laws against breachers of its currency or financial rules.   CBN's Corporate Communications Acting Director, Osita Nwanisobi who represented ...

The General Manager of National Theatre, Professor Sunday Ododo has said that over 16,000 jobs would be created during and after the ongoing renovation of the National Theatre is completed. ...

The Central Bank of Nigeria has announced the deployment of its Consumer Complaint Management System (CCMS) to ease the process of addressing issues. The bank made the disclosure in a ...

The Minister of Finance, Zainab Ahmed, has directed the Central Bank of Nigeria and the Nigeria Deposit Insurance Corporation to fully investigate and prosecute all the directors and executive management ...

The Central Bank of Nigeria on Friday revoked the operating licence of Skye Bank Plc. Governor of Central Bank, Godwin Emefiele, made the announcement at a press briefing in Lagos. ...

The Central Bank of Nigeria on Friday commenced its intervention in the sale of foreign exchange in the Chinese Yuan. This signalled the implementation of the Bilateral Currency Swap Agreement ...