Central Bank of Nigeria

T-Bills: CBN To Use N500bn Funds In Dormant Naira, Domiciliary Accounts

The Central Bank of Nigeria (CBN) has informed commercial banks that it will use the money in dormant accounts for… Read More

1 year ago

Bank Investors Earn N248.68 billion Amid Naira Scarcity Caused By CBN’s Policy

The Nigerian banking sector exited the Naira scarcity period unblemished judging by the value of equity investment netted by their… Read More

1 year ago

CBN Asked To Disburse N250 billion To Cushion Subsidy Removal

The Central Bank of Nigeria (CBN) has been urged to hand over the N250 billion intervention fund for the National… Read More

1 year ago

Over 134.39 million Bank Accounts Risk Shutdown As CBN Clampdown On Fraud

Bank accounts not linked to Bank Verification Number (BVN) system will be closed down by the financial regulator, the Central… Read More

1 year ago

How Nigerian Farmers Lost N30 billion Due To CBN’s Naira Redesign Policy

Due to the Naira redesign policy of the Central Bank of Nigeria (CBN), Nigerian farmers lost N30 billion as they… Read More

1 year ago

FG Says CBN’s Naira Redesign Policy Suspended Kidnappers, Bandits

The Central Bank of Nigeria’s (CBN) Naira redesign policy led to kidnappers and bandits suspending their activities, the Minister of… Read More

1 year ago

NLC To Suspend Strike Action Against CBN, FG Intervenes In Dispute

The Minister of Labour and Employment, Chris Ngige, said the Nigeria Labour Congress (NLC) will suspend the planned strike slated… Read More

1 year ago

Stanbic IBTC In Trouble For Hoarding Export Proceeds, Misinformation On Earnings

For contravening various guidelines, Stanbic IBTC Holdings Plc was slammed with fines by the Central Bank of Nigeria (CBN) and… Read More

1 year ago

CBN Hands N12.65 billion To 3 Agric Projects

The Central Bank of Nigeria (CBN) has revealed that N12.65 billion was disbursed to three agricultural projects under the Anchor Borrowers’… Read More

1 year ago

Moghalu Cautions CBN’s Emefiele Against Criminalising Cash

The former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has warned the financial regulator not to… Read More

1 year ago

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