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The Central Bank of Nigeria (CBN) has suspended the charging of processing fees of 2 percent and 3 percent previously charged on all cash deposits above...
The Central Bank of Nigeria (CBN) has explained the reasons behind scarcity of naira notes in the country. This comes following a series of complaints by...
The Central Bank of Nigeria has warned Nigerians to be wary of counterfeit naira notes in circulation amid reports of currency shortage in the country. In...
The Central Bank of Nigeria (CBN) has announced that accounts without a Bank Verification Number (BVN) or National Identification Number (NIN) will be frozen beginning in...
The Central Bank of Nigeria (CBN) has extended the validity of the old N200, N500 and N1,000 notes indefinitely. The apex bank’s Director, Corporate Communications, Isa...
The Central Bank of Nigeria (CBN), Nigerian Bulk Electricity Trading (NBET) Plc, and Nigerian Electricity Liability Management Company are all owing a total of N190 billion...
The Central Bank of Nigeria (CBN) has said it is not withdrawing any of the banknotes it has issued thus all banknotes remain legal tender. This...
Central Bank of Nigeria (CBN) has enjoined citizens to guard against panic withdrawals as there is sufficient stock of currency notes for transactions in the country....
The Central Bank of Nigeria (CBN) has denied claims that it plans to redenominate the country’s currency, Naira, with effect from January 2024. CBN’s Director of...
The House of Representatives is to summon the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, to discuss the new policy that will ease...
