CBN latest news - Page 22

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.

Supreme Court Favours Northern States, Suspends Old Naira Deadline

Business

Updated: Supreme Court Suspends Old Naira Deadline, Favours Northern States

The Supreme Court ruled in favour of three Northern States, Kaduna, Kogi and Zamfara on Wednesday, 8 February 2023, after they requested that the deadline to phase out old Naira notes be

Fakoyejo Olalekan

1 year ago

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

Business

New Naira Scarcity Forces 80% Of PoS Operators To Shutdown

The National Chief Aggregating Officer of the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN), Hussein Olanrewaju, said 80 per cent of its members have shut down as a result

Fakoyejo Olalekan

1 year ago

Business

CBN Failed In Duty To Manage Naira Redesign Policy – Dakuku Peterside

The former Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dakuku Peterside, said the Central Bank of Nigeria (CBN) failed in its duty to manage the transition from the

Fakoyejo Olalekan

1 year ago

Business

NACCIMA DG Says Printing N5,000 Notes Better, Faults Emefiele’s Naira Redesign Policy

The Director-General of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), Sola Obadimu, has suggested that the introduction of N5,000 notes would have prevented the Naira policy debacle.

Fakoyejo Olalekan

1 year ago

KPMG Makes Naira Projection After Foreign Capital Importation Drops To $1.06 billion

Business

Nigerians Divided Over Who To Blame For CBN’s Naira Redesign Crisis

Nigerians are divided over who to blame for the crisis that has erupted from the transition from the old Naira to the redesigned banknotes. Prime Business Africa reported that Nigerians are stripping

Fakoyejo Olalekan

1 year ago

Sterling Bank, AATIF Raise $15m To Fund Renewable Energy-powered Agro-enterprises

Business

Sterling Bank Accused Of Hoarding New Naira Notes, Faces CBN Penalty

Sterling Bank has been accused by the Central Bank of Nigeria (CBN) of breaching the financial regulator’s directive by hoarding the new Naira banknotes from the public. In a trending video, about

Fakoyejo Olalekan

1 year ago

Business·Currency

Prime Business Africa Hosts Twitter Space To Discuss CBN’s Naira Debacle

As Nigerians suffer the ripple effect from the Central Bank of Nigeria’s (CBN) hasty transition from the old Naira to the redesigned banknotes, Prime Business Africa has organised a Twitter space to

Fakoyejo Olalekan

1 year ago

Business

Finance Minister Likens Hardship Caused By Old Naira Deadline To Injury

The Minister of Finance, Zainab Ahmed, has described the current distress experienced by Nigerians due to the unavailability of the redesigned Naira as a sore that would eventually be cured. Ahmed said

Fakoyejo Olalekan

1 year ago

Call CBN to arrest POS agents selling naira notes

Business

Old Naira: PoS Operators, Market Women Risk Jail Term, As CBN Threatens Arrest

The Godwin Emefiele-led Central Bank of Nigeria (CBN) has warned that the financial regulator will start arresting persons selling the Naira notes. In a circular released on Thursday, 2, February 2023, the

Fakoyejo Olalekan

1 year ago

Business

CBN Sets Limit For GTBank, Zenith Bank, Others On New Naira Withdrawal

The Central Bank of Nigeria (CBN) has instructed Guaranty Trust Bank (GTBank), Zenith Bank, and other commercial banks to start distributing the redesigned Naira notes over the counter. Recall that the central

Fakoyejo Olalekan

1 year ago

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CBN latest news - Page 22

Updated: Supreme Court Suspends Old Naira Deadline, Favours Northern States

New Naira Scarcity Forces 80% Of PoS Operators To Shutdown

CBN Failed In Duty To Manage Naira Redesign Policy – Dakuku Peterside

NACCIMA DG Says Printing N5,000 Notes Better, Faults Emefiele’s Naira Redesign Policy

Nigerians Divided Over Who To Blame For CBN’s Naira Redesign Crisis

Sterling Bank Accused Of Hoarding New Naira Notes, Faces CBN Penalty

Prime Business Africa Hosts Twitter Space To Discuss CBN’s Naira Debacle

Finance Minister Likens Hardship Caused By Old Naira Deadline To Injury

Old Naira: PoS Operators, Market Women Risk Jail Term, As CBN Threatens Arrest

CBN Sets Limit For GTBank, Zenith Bank, Others On New Naira Withdrawal

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