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CBN latest news - Page 19

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

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 (NGX) on Friday, 3rd March 2023, Zenith Bank said it

March 3, 2023

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 its sitting on Friday in a suit brought by 17

March 3, 2023

Cash In Circulation Up By N701.4 billion, Emefiele's CBN Loses Control Again

Business

Updated: Old Naira Notes Remain Legal, Buhari Acted As Dictator – Supreme Court Declares

The Supreme Court on Friday, 3 March 2023, ruled that the old Naira notes remain legal tender till 31 December 2023, as it set aside the deadline of the Central Bank of Nigeria (CBN). Delivering the judgement of the Supreme Court, Justice

March 3, 2023

CBN’s New Directive Forces Adaora Umeoji Out Of Zenith Bank

Business

Zenith Bank’s DMD, Adaora Umeoji, Quits On CBN’s New Directive

The Deputy Managing Director (DMD) of Zenith Bank, Adaora Umeoji, has quit her role in the financial institution due to the new tenure announced by the Central Bank of Nigeria (CBN) for bank leadership. Recall that the central bank created a new

March 3, 2023

Supreme Court Grants Financial Autonomy To LGs, Bars Govs From Dissolving Councils

Currency·News

Supreme Court Set To Deliver Judgment Today On Naira Policy

The Supreme Court is set to deliver judgment today on the controversy surrounding the naira swap policy of the Central Bank of Nigeria (CBN). The apex court had on February 22 fixed today for judgment in a suit filed by 17 states

March 3, 2023

Business

Increased Spending Towards Elections, Others To Affect Economy – CBN

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has projected that Nigeria’s economy will grow at a subdued pace in 2023. MPC made this known in a 70-page document released on Wednesday covering the MPC’s first meeting for

March 2, 2023

CBN Places Service Restriction On PoS Agents Across Nigeria

Business

CBN To Reveal Banks’ Disbursement Details Of New Naira Notes

The Central Bank of Nigeria (CBN) has responded to the request made by an activist lawyer, Femi Falana (SAN), to provide details of the disbursement of the new N200, N500 and N1,000 notes. Falana had written to the central bank, in a

March 2, 2023

Tax Reform Bill: No Region Will Be Shortchanged, Shehu Sani Tells Northerners

Business

Old Naira Notes: Shehu Sani, Other Nigerians React To Supreme Court Decision

Reactions have began to trail the decision of the Supreme Court to adjourn the final judgement on the deadline of the old Naira notes. Prime Business Africa reported on Wednesday, 22 February 2023, that after hearing arguments from the states and the Federal

February 22, 2023

2023 Elections·News·Politics

CBN Disburses Cash To INEC State Chapters For Elections

The Central Bank of Nigeria (CBN) has begun the disbursement of cash to offices of the Independent National Electoral Commission (INEC) across the federation for election logistics. This has laid to rest the apprehension over the inability of INEC to get cash

February 22, 2023

Business

Breaking: Supreme Court Sets March 3 For Final Judgement On CBN’s Naira Redesign Policy

The final Supreme Court judgement on the Naira redesign policy of the Central Bank of Nigeria (CBN) will be delivered on Friday, 3 March 2023. The Supreme Court, led by seven justices, revealed this on Wednesday, 22 February 2023, after they insisted

February 22, 2023

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CBN latest news - Page 19

Jim Ovia Gets New Position As Zenith Bank Restructures Into HoldCo

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

Updated: Old Naira Notes Remain Legal, Buhari Acted As Dictator – Supreme Court Declares

Zenith Bank’s DMD, Adaora Umeoji, Quits On CBN’s New Directive

Supreme Court Set To Deliver Judgment Today On Naira Policy

Increased Spending Towards Elections, Others To Affect Economy – CBN

CBN To Reveal Banks’ Disbursement Details Of New Naira Notes

Old Naira Notes: Shehu Sani, Other Nigerians React To Supreme Court Decision

CBN Disburses Cash To INEC State Chapters For Elections

Breaking: Supreme Court Sets March 3 For Final Judgement On CBN’s Naira Redesign Policy

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