For umpteenth time, Central Bank of Nigeria ( CBN) on Wednesday raised moderately, lending rate by 50 basis point to 18. 5 percent from previous 18...
The Central Bank of Nigeria (CBN) says the Bank Verification Number (BVN) issued in Nigeria remains for life and has no expiry date, as reported by...
The Federal High Court sitting in Abuja, on 17th April, 2023, has granted High Chief Dauda Ajadosu, an Abuja based legal practitioner leave to file a...
The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the benchmark interest rate by 50 basis points to 18. per cent,...
The Central of Nigeria has announced its Monetary Policy Committee meeting schedule. This is according to information obtained from CBN’s website on Tuesday. Accordingly, the apex...
The Central Bank of Nigeria (CBN) on Monday said old N200, N500, N1,000 bank notes remain legal tender Till December 31, 2023. The apex bank’s Acting...
Osun State Governor, Ademola Adeleke has decried the maltreatment of residents of the state by banks which refused to collect old currency notes even after paying...
The Central Bank of Nigeria, CBN, has issued operational guidelines for Open Banking to enhance efficiency, competition and access to financial services in the country. CBN...
The Central Bank of Nigeria (CBN) Tuesday said it has not issued a fresh directive to commercial banks on last Friday’s judgment of the Supreme Court...
—Says Nigerians Are Suffering The Paramount Ruler of Iwoland, HIM Oba Abdulrosheed Adewale Akanbi, has appealed to President Muhammad Buhari to influence the Central Bank of...
The Independent National Electoral Commission (INEC) has received cash from the Central Bank of Nigeria (CBN) for election logistics despite the general scarcity of new naira...
Following the directive of President Muhammadu Buhari that Nigerians should take old N500 and N1000 notes to the Central Bank of Nigeria (CBN), many thronged offices...
The Central Bank of Nigeria, CBN has denied an earlier report that it ordered commercial banks to begin collecting the old N500 and N1000 notes from...
The Central Bank of Nigeria has ordered banks to start collecting the old N500 and N1,000 notes from the public with immediate effect. It, however, pegged...
The Central Bank of Nigeria (CBN) has created a portal for the deposit of old naira notes. The bank published a notification titled ‘redemption of currency’...