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CBN latest news - Page 22

Criticism Trails Senate's Approval Of CBN’s N22.7 trillion Loans To FG

Presidency Contradicts CBN, Banks On Supreme Court Ruling On Old Naira Notes

The Presidency has contradicted the Godwin Emefiele-led Central Bank of Nigeria (CBN) regarding the ruling of the Supreme Court on the old Naira notes deadline. It was stated that neither the Federal Government nor the central bank have taken a position contrary

February 15, 2023

Call CBN to arrest POS agents selling naira notes

Business·News·Top Stories

BREAKING: Call CBN On 07002255226 To Arrest POS Agents Selling Naira, Charging Above N200

The Central Bank of Nigeria has released telephone numbers through which members of the public could report POS agents selling new naira notes, or charging above N200 naira for withdrawal of amounts up to N10,000. The Director, Governor’s Department, CBN, Mr Joseph

February 14, 2023

FCCPC To Investigate, Penalise POS Agents, Says POS Service Price Increase Illegal

Business·Currency

Naira Crisis: CBN Vows To Arrest POS Operators Charging Above N200 Or Selling New Notes

The Central Bank of Nigeria (CBN), has vowed to arrest and prosecute Point of Sale (PoS) operators, and others taking advantage of Nigerians by engaging in the illicit business of selling the new naira notes due to the lingering scarcity. The Director,

February 14, 2023

Business

CBN Reveals Three Steps To Deposit Old Naira Notes, Says Commercial Banks Will Not Accept It

The Central Bank of Nigeria (CBN) has stated that old Naira notes can only be deposited at the apex bank, disclosing that commercial banks will no longer accept them. In a statement on Monday, 13 February 2023, Haladu Andaza, the CBN Branch

February 14, 2023

CBN To Reveal Banks’ Disbursement Details Of New Naira Notes

Business

Naira Redesign: Falana Tackles Emefiele, Says CBN Incites Nigerians Against Banks

Godwin Emefiele-led Central Bank of Nigeria (CBN) has been criticised by human rights lawyer, Femi Falana, over the handling of the Naira redesign policy. He accused the central bank of inciting the public against the banks, as the financial regulator doesn’t have sufficient

February 14, 2023

CBN Directs IMTOs To Use I&E Window Rate To Convert Diaspora Remittances

Business

Cash In Circulation Outside Banks Drops By N160 billion – New CBN Data Reveals

The currency outside the banking system has declined to N2.57 trillion, the Central Bank of Nigeria (CBN) has disclosed in the latest data published on its website. Prime Business Africa had reported that the cash outside the bank was N2.7 trillion as

February 14, 2023

Business

Pres. Buhari Meets CBN’s Emefiele As Naira Scarcity Lingers

President Muhammadu Buhari and the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, met on Monday, 13 February 2023, as discussion on the failure of the Naira redesign policy continues. This is the sixth time President Buhari and Emefiele met

February 13, 2023

Naira Policy: CBN Mops Up N1.6 trillion In Just I Month

Business

CIBN Addresses Report Of Banks’ Collapse, NSPMC Inability To Print New Naira Notes

The President and Chairman of the Chartered Institute of Bankers of Nigeria (CIBN), Ken Opara, has allayed fears that some Nigerian banks could completely shut down following the failure of the Naira redesign policy. Prime Business Africa reported that the policy of

February 13, 2023

Council Of State Tenders Two Solutions To Nigeria's Naira Scarcity Issue

Business

UPDATED: Print New Notes Or Release Old Naira – State Council

The Council of State has urged the Federal Government and the Central Bank of Nigeria (CBN) to either print more new Naira notes or recirculate the old banknotes. Members of the Council of State, which advises government on key policies, are former

February 10, 2023

Business

Akeredolu, Ganduje Sue FG, As Battle Against CBN’s Naira Redesign Policy Intensifies

Ondo State Governor, Rotimi Akeredolu, and the Governor of Kano State, Abdullahi Ganduje, have also filed a suit against the Federal Government over the Central Bank of Nigeria’s (CBN) Naira redesign policy. Akeredolu approached the Supreme Court to debate the legality of

February 10, 2023

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CBN latest news - Page 22

Presidency Contradicts CBN, Banks On Supreme Court Ruling On Old Naira Notes

BREAKING: Call CBN On 07002255226 To Arrest POS Agents Selling Naira, Charging Above N200

Naira Crisis: CBN Vows To Arrest POS Operators Charging Above N200 Or Selling New Notes

CBN Reveals Three Steps To Deposit Old Naira Notes, Says Commercial Banks Will Not Accept It

Naira Redesign: Falana Tackles Emefiele, Says CBN Incites Nigerians Against Banks

Cash In Circulation Outside Banks Drops By N160 billion – New CBN Data Reveals

Pres. Buhari Meets CBN’s Emefiele As Naira Scarcity Lingers

CIBN Addresses Report Of Banks’ Collapse, NSPMC Inability To Print New Naira Notes

UPDATED: Print New Notes Or Release Old Naira – State Council

Akeredolu, Ganduje Sue FG, As Battle Against CBN’s Naira Redesign Policy Intensifies

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CBN latest news - Page 22

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