Central Bank of Nigeria – Page 8 of 24

Naira Scarcity: Zenith Bank's Profit Drops To N223.91bn, Faces N967bn Lawsuits

Jim Ovia Gets New Position As Zenith Bank Restructures Into HoldCo

Zenith Bank has revealed that it is restructuring into a Holding Company (HoldCo) after receiving Approval-in-principle from the Central Bank of Nigeria (CBN). In a statement sent to the Nigerian Exchange Limited

Fakoyejo Olalekan

1 year ago

Cash In Circulation Up By N701.4 billion, Emefiele's CBN Loses Control Again

Business

Updated: Old Naira Notes Remain Legal, Buhari Acted As Dictator – Supreme Court Declares

The Supreme Court on Friday, 3 March 2023, ruled that the old Naira notes remain legal tender till 31 December 2023, as it set aside the deadline of the Central Bank of

Fakoyejo Olalekan

1 year ago

CBN’s New Directive Forces Adaora Umeoji Out Of Zenith Bank

Business

Zenith Bank’s DMD, Adaora Umeoji, Quits On CBN’s New Directive

The Deputy Managing Director (DMD) of Zenith Bank, Adaora Umeoji, has quit her role in the financial institution due to the new tenure announced by the Central Bank of Nigeria (CBN) for

Fakoyejo Olalekan

1 year ago

Business

Increased Spending Towards Elections, Others To Affect Economy – CBN

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has projected that Nigeria’s economy will grow at a subdued pace in 2023. MPC made this known in a 70-page

Fakoyejo Olalekan

1 year ago

CBN Places Service Restriction On PoS Agents Across Nigeria

Business

CBN To Reveal Banks’ Disbursement Details Of New Naira Notes

The Central Bank of Nigeria (CBN) has responded to the request made by an activist lawyer, Femi Falana (SAN), to provide details of the disbursement of the new N200, N500 and N1,000

Fakoyejo Olalekan

1 year ago

Burkina Faso, Mali, Niger Withdrawal From ECOWAS Setback For W'Africa - Shehu Sani

Business

Old Naira Notes: Shehu Sani, Other Nigerians React To Supreme Court Decision

Reactions have began to trail the decision of the Supreme Court to adjourn the final judgement on the deadline of the old Naira notes. Prime Business Africa reported on Wednesday, 22 February 2023,

Fakoyejo Olalekan

1 year ago

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

Business

Breaking: Supreme Court Sets March 3 For Final Judgement On CBN’s Naira Redesign Policy

The final Supreme Court judgement on the Naira redesign policy of the Central Bank of Nigeria (CBN) will be delivered on Friday, 3 March 2023. The Supreme Court, led by seven justices,

Fakoyejo Olalekan

1 year ago

CBN Asked To Disburse N250 billion To Cushion Subsidy Removal

Business

CBN Begins Door-to-door Delivery Of New Naira Notes After Ganduje Threat

The distribution of the new Naira notes has taken a new turn as the Central Bank of Nigeria (CBN) delivers the cash door-to-door in Kano State. CBN representatives in Kibiya, Rano, and

Fakoyejo Olalekan

1 year ago

Railway Revenue Drops By N1.31 billion Within Three Months

Business

Naira Scarcity: Railway Managers Demand Cash, Reject Electronic Payment

The management of the Nigerian Railway Corporation (NRC) has stated that its operational policy is against digital transactions, as passengers face Naira scarcity. It was gathered that the railway corporation is turning

Fakoyejo Olalekan

1 year ago

CBN Denies Discriminating Against People With Physical Disabilities Seeking Job

Business

IMF Calls For Review Of CBN Act 2007, Demand Release Of Financial Statements

The Central Bank of Nigeria (CBN) Act 2007 needs to be reviewed to align with international best practices, the International Monetary Fund (IMF) observes. IMF stated in its latest Report – ‘Nigeria:

Fakoyejo Olalekan

1 year ago

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Central Bank of Nigeria - Page 8

Jim Ovia Gets New Position As Zenith Bank Restructures Into HoldCo

Updated: Old Naira Notes Remain Legal, Buhari Acted As Dictator – Supreme Court Declares

Zenith Bank’s DMD, Adaora Umeoji, Quits On CBN’s New Directive

Increased Spending Towards Elections, Others To Affect Economy – CBN

CBN To Reveal Banks’ Disbursement Details Of New Naira Notes

Old Naira Notes: Shehu Sani, Other Nigerians React To Supreme Court Decision

Breaking: Supreme Court Sets March 3 For Final Judgement On CBN’s Naira Redesign Policy

CBN Begins Door-to-door Delivery Of New Naira Notes After Ganduje Threat

Naira Scarcity: Railway Managers Demand Cash, Reject Electronic Payment

IMF Calls For Review Of CBN Act 2007, Demand Release Of Financial Statements

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