Central Bank of Nigeria (CBN), said currency in circulation (CIC) in the country rose to N1.68 trillion at the end of March 2023. This was even...
Central Bank of Nigeria (CBN) says it will mop up all dormant account balances and unclaimed balances in banks into a Trust Fund account which will...
By Shehu Salmanu As Nigeria’s Central Bank tries to rebuild trust following a disastrous introduction of new naira bills, customers’ faith in the financial system is...
Central Bank of Nigeria (CBN) has barred banks and other financial institutions seeking a conversion licence from expanding or reducing their current banking network in its...
Polaris Bank has continued to deepen its financial advocacy role of educating and inculcating in young Nigerians the culture of savings, investment and financial awareness during...
Unity Bank Plc has facilitated financial literacy training in thirty-one schools across Nigeria as part of the lender’s activities marking Global Money Week, 2023. Mrs. Tomi...
House of Representatives has urged the Central Bank of Nigeria (CBN) to direct banks to immediately revamp their electronic transaction platforms. According to the House, the...
Policy-setting committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which measures interest rate, from 17.5 percent to 18 percent....
By Stephen Onyeiwu Nigeria has successfully introduced new banknotes on about 10 occasions since independence in 1960. So why has the latest attempt been so controversial...
Central Bank of Nigeria has directed commercial banks to dispense and receive old naira notes as legal tender across the country. The apex bank through its...
