CBN has authorized use of old naira notes – Soludo
Prof Charles Soludo, governor of Anambra State, on Monday, said that the Central Bank of Nigeria (CBN) has asked commercial ...
Tag: CBN
Naira swap: 10 days after, Buhari, Emefiele fail to honour S’Court judgment
Ten days after, President Muhammadu Buhari and the Godwin Emefiele-led Central Bank of Nigeria (CBN) have failed to honour the ...
Banks begin dispensing old N500, N1000 notes to customers, as CBN approves use
Deposit money banks across the country have started issuing the old N500 and N1,000 notes to customers at their various ...
Report: Banks’ credit to govt increases to N11trn
Credit by banks to the government rose by N11.75trn in one year. This is according to figures obtained from the ...
Zenith Bank gets approval to restructure as holding company
The Central Bank of Nigeria (CBN) has given approval in principle to Zenith Bank Plc to operate as a financial ...
Naira scarcity: CBN mops up N2.09trn from circulation in 4 months
The Central Bank of Nigeria (CBN) has slashed currency in circulation from N3.29 trillion as of October 2022 to N1.38 ...
Only 24% of CBN Anchor Borrowers’ loans have been repaid – IMF
The International Monetary Fund (IMF) says only 24 per cent of loans disbursed under the Anchor Borrowers’ Programme of the ...
Nigeria’s balance of trade reverses to deficit as crude oil receipts fall 9%
Nigeria’s balance of trade has reversed from surplus to deficit, as the country recorded a $20 million trade deficit in ...
JUST IN: CBN reviews tenure of bank MDs, DMDs, EDs
The Central Bank of Nigeria (CBN) Friday announced measures that will affect the tenure of Executive Management and Non-Executive Directors ...
JUST IN: CBN names Isa Abdulmumin as new spokesperson
The Central Bank of Nigeria (CBN) has appointed Isa Abdulmumin as the Acting Director of Corporate Communications Department of the ...