CBN latest news - Page 17

Stay updated with the most recent news, breaking stories, major headlines, viewpoints, images, and videos concerning CBN from both Nigeria and around the globe today.

Business·Currency·Latest News

Old Naira Notes: GTBank, Others Limit Cash Withdrawal To N10,000

The Central Bank of Nigeria (CBN) has fully complied with the Supreme Court ruling ordering it to restore old naira notes to circulation but Guaranty Trust Bank (GTBank) and other banks have

Uduegbunam Chukwujama

1 year ago

Business

CBN Places Service Restriction On PoS Agents Across Nigeria

The Central Bank of Nigeria (CBN) has reiterated some operations that mobile banking agents are not allowed to offer, as their population increases across the country. In an Exposure Draft of the

Fakoyejo Olalekan

1 year ago

CBN Denies Discriminating Against People With Physical Disabilities Seeking Job

Business

CBN Finally Addresses Supreme Court Order Publicly, Succumbs To Pressure On Old Naira

The Godwin Emefiele-led Central Bank of Nigeria (CBN) has succumbed to the Supreme Court order which states that old N500 and N1,000 remains legal for 10 months. In a statement released by

Fakoyejo Olalekan

1 year ago

CBN Reveals JP Morgan’s Intention After Report On Nigeria’s Foreign Reserves

Business

UPDATED: CBN’s Open Banking Allows Banks, Others To ‘Trade’ Customers’ Data

Deposit Money Banks (DMBs), other financial institutions and companies can now share customers’ data, in a bid to create innovative products, according to a new circular released by the Central Bank of

Fakoyejo Olalekan

1 year ago

Eight Controversial Decisions By Godwin Emefiele As CBN Governor

Business

CBN Quietly Approves Old Naira Disbursement, Traders Reject Banknotes

The Central Bank of Nigeria (CBN) has approved the disbursement of old N500 and N1,000 notes, as Deposit Money Banks’ (DMBs’) Automated Teller Machines (ATMs) begin to dispense the bank notes. The

Fakoyejo Olalekan

1 year ago

Business

CBN Naira Redesign Policy Deteriorates Business Condition – Stanbic IBTC

A new report by Stanbic IBTC has shown that the Naira redesign policy of the Central Bank of Nigeria (CBN) has negatively impacted the Nigerian economy. The report, which covers February and

Fakoyejo Olalekan

1 year ago

Breaking: CBN Tell Banks To Increase Interest Rate On Loan, Set MPR At 18.5%

Business

IMF Warns CBN, Others Against Financing Government’s Excessive Debt

The central banks have been warned by the International Monetary Fund (IMF) against constantly bailing out governments in their quest to borrow funds outside the bond market. Recall that the N23.7 trillion

Fakoyejo Olalekan

1 year ago

Business·Currency·Latest News

CBN Hijacked State Power, Confiscated The Naira, Says Stanbic IBTC Owner, Peterside

Owner of Stanbic IBTC, Atedo Peterside at the weekend said the Central Bank of Nigeria (CBN) actually hijacked the powers of the state by confiscating the naira in the guise of currency

Uduegbunam Chukwujama

1 year ago

Naira Scarcity: Zenith Bank's Profit Drops To N223.91bn, Faces N967bn Lawsuits

Business

Jim Ovia Gets New Position As Zenith Bank Restructures Into HoldCo

Zenith Bank has revealed that it is restructuring into a Holding Company (HoldCo) after receiving Approval-in-principle from the Central Bank of Nigeria (CBN). In a statement sent to the Nigerian Exchange Limited

Fakoyejo Olalekan

1 year ago

Nigeria's Treasury Bills Surpass N6.6trn In 2023 Amid Economic Headwinds

Business·Currency

Breaking: Old Naira Notes Remain Legal Tender, Supreme Court Rules

The Supreme Court has ruled that the old N1,000, N500, and N200 notes remain legal tender until December 31. The seven-man panel of justices of the apex court gave the ruling at

Victor Ezeja

1 year ago

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CBN latest news - Page 17

Old Naira Notes: GTBank, Others Limit Cash Withdrawal To N10,000

CBN Places Service Restriction On PoS Agents Across Nigeria

CBN Finally Addresses Supreme Court Order Publicly, Succumbs To Pressure On Old Naira

UPDATED: CBN’s Open Banking Allows Banks, Others To ‘Trade’ Customers’ Data

CBN Quietly Approves Old Naira Disbursement, Traders Reject Banknotes

CBN Naira Redesign Policy Deteriorates Business Condition – Stanbic IBTC

IMF Warns CBN, Others Against Financing Government’s Excessive Debt

CBN Hijacked State Power, Confiscated The Naira, Says Stanbic IBTC Owner, Peterside

Jim Ovia Gets New Position As Zenith Bank Restructures Into HoldCo

Breaking: Old Naira Notes Remain Legal Tender, Supreme Court Rules

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