CBN latest news - Page 5

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.

Nigeria Blocks $802 million Revenue Belonging To Foreign Airlines

Business·Currency·Transport

‘Foreign Airlines May Exit Nigeria’s Airspace’ – IATA Ranks Nigeria Country With Highest Trapped Funds

It has emerged that over $792 million belonging to foreign airlines are currently trapped in Nigeria leaving them without dollar bills for their business, a development that is currently hampering their operations

Victor Ezejaand

Admin

5 months ago

Naira Depreciation Spurs Export Surge To N35trn

Business·Currency

Here’s How You Can Identify Fake Naira Notes CBN Warned About

Against the backcloth of the credible alarm raised by the Central Bank of Nigeria (CBN) over the circulation of fake naira notes, particularly the higher denominations in parts of the country, the

Victor Ezejaand

Admin

5 months ago

2024 Budget: Lawmakers Demand CBN, Customs Chiefs’ Appear For Review, Reject Representatives

The House of Representatives Committee on Appropriation took a stance on Friday, insisting that the Central Bank of Nigeria’s Governor and the Comptroller General of Customs must personally appear for the 2024

Emmanuel Ochayi

5 months ago

Business·Currency·Latest News

CBN Warns Over Surge In Fake Naira; Urges Vigilance Amidst Growing Concerns

In response to the escalating circulation of forged higher denomination banknotes within various commercial hubs across Nigeria, the Central Bank of Nigeria (CBN) has issued a warning on the surge in fake

Emmanuel Ochayi

5 months ago

Economic Challenges, CBN And Reconstruction Policies

Business·Latest News

Why Banks Will Disconnect Non-deposit Financial Institutions From Transfer List

In a directive from the Nigeria Inter-Bank Settlement System (NIBSS), United Bank of Africa (UBA), First Bank, and others across the country have been mandated to disconnect various non-deposit-taking financial entities from

Emmanuel Ochayi

5 months ago

Banks Struggle With New Naira Notes On ATMs

Business·Currency

Cash Scarcity Is Human Rights Abuse, May Spark Revolution In Nigeria – CBN Warned

The Human Rights Writers Association of Nigeria (HURIWA) on Tuesday accused the Central Bank of Nigeria (CBN) of serial human rights violations through its deliberate and systemic failure to ensure the supply

Victor Ezejaand

Admin

5 months ago

Business·Currency·Latest News

CBN’s Initiative Sparks Naira Surge To N837/$1, Boosts Market Confidence

The Nigerian naira on Monday, December 4th, 2023, experienced a surge in value, closing at N837/$1 in the official market.

Emmanuel Ochayi

5 months ago

Finance & Economy·Latest News

Supreme Court Judgment: CBN Notifies Banks To ‘Accept Old, New Naira Notes’

Few hours after the judgment of the Supreme Court on the issue, the Central Bank of Nigeria (CBN) has directed banks in the country to issue and accept the old N200, N500,

Victor Ezejaand

Admin

5 months ago

Naira To Sustain Depreciation In 2024 - Analysis Reveals

Business·Finance & Economy·Latest News

CBN’s Old, New Naira Notes To Co-exist Indefinitely – Supreme Court Rules

The Supreme Court, on Wednesday, ruled that the old Naira denominations of N200, N500 and N1,000 notes continue to co-exist with the new notes as legal tender till further notice. The Supreme

Victor Ezejaand

Admin

5 months ago

Business·Finance & Economy·Latest News

Expert Supports CBN’s Bank Recapitalization Policy, Emphasizes Caution, Stakeholder Engagement

Professor Segun Ajibola, former President of the Chartered Institute of Bankers of Nigeria (CIBN), expressed support for the Central Bank of Nigeria’s (CBN) proposed policy path, focusing on the recapitalization of banks

Emmanuel Ochayi

5 months ago

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CBN latest news - Page 5

‘Foreign Airlines May Exit Nigeria’s Airspace’ – IATA Ranks Nigeria Country With Highest Trapped Funds

Here’s How You Can Identify Fake Naira Notes CBN Warned About

2024 Budget: Lawmakers Demand CBN, Customs Chiefs’ Appear For Review, Reject Representatives

CBN Warns Over Surge In Fake Naira; Urges Vigilance Amidst Growing Concerns

Why Banks Will Disconnect Non-deposit Financial Institutions From Transfer List

Cash Scarcity Is Human Rights Abuse, May Spark Revolution In Nigeria – CBN Warned

CBN’s Initiative Sparks Naira Surge To N837/$1, Boosts Market Confidence

Supreme Court Judgment: CBN Notifies Banks To ‘Accept Old, New Naira Notes’

CBN’s Old, New Naira Notes To Co-exist Indefinitely – Supreme Court Rules

Expert Supports CBN’s Bank Recapitalization Policy, Emphasizes Caution, Stakeholder Engagement

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