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CBN latest news - Page 30

Cash In Circulation Up By N701.4 billion, Emefiele's CBN Loses Control Again
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Money Supply Hits N50.5 trillion On Naira Reissue

Money Supply in Nigeria has crossed N50.5 trillion, the Central Bank of Nigeria (CBN) has revealed. This comes as the financial services regulator plans to release redesigned naira notes. The money supply had closed last year with N44.4 trillion but following a
November 21, 2022
Cash In Circulation Up By N701.4 billion, Emefiele's CBN Loses Control Again
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Naira Reissue: Bank Deposits Rise Significantly

Naira deposits in commercial banks have increased since the Central Bank of Nigeria (CBN) announced the country’s currency reissue plans. Based on the announcement, there has been significant increase in deposits, according to CBN’s Director of Corporate Communications, Ostia Nwanisobi. He, however,
November 15, 2022
New Naira Note: First Bank Begins Saturday Banking

New Naira Note: First Bank Begins Saturday Banking

Following the recent news of plans by the Central Bank of Nigeria (CBN) to issue new Naira notes, First Bank of Nigeria has announced that some of its branches will be opening on Saturdays to serve customers who want to deposit old
November 5, 2022
cash withdrawal
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LCCI Kicks Against Redesign Of Naira Notes

Lagos Chamber of Commerce and Industry (LCCI) has joined voices with those opposing the proposal of redesigning the Naira notes by the Central Bank of Nigeria effective from December 15, 2022. Prime Business Africa reports that the Governor of the Central Bank
October 30, 2022
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