Central Bank of Nigeria, CBN, has disclosed that any commercial bank that failed to pick up its new currency for distribution will be fined N1 million...
Central Bank of Nigeria (CBN) has directed customers to start rejecting old naira notes from banks, insisting that the old notes ceased to be legal tender...
Central Bank of Nigeria (CBN), has said the agency will go tough on banks that continue to fill their ATM machines with old naira notes as...
Central Bank of Nigeria has expressed assurance that the new naira notes will circulate to every nook and cranny of the country before the January 31,...
Bank customers in Nigeria lost a total of N1.17 billion in the second quarter of 2022, according to a report by Financial Institute Training Centre (FITC)....
The banking system continued to be resilient with major financial soundness indicators comparing favourably with the prudential thresholds as of the end of October 2022. The...
Central Bank of Nigeria (CBN) has vowed to sanction any commercial bank hoarding the new naira notes from the public. According to a report by Daily...
Central Bank of Nigeria (CBN) has launched a countdown to the January 31 deadline when the old N1,000, N500, and N200 notes will cease to be...
The Central Bank of Nigeria (CBN) has increased the maximum weekly limit for cash withdrawals across all channels by individuals and corporate organisations to N500,000 and...
The Federal Government is to activate the stoppage of cash withdrawal from all public accounts with immediate effect. In place of cash withdrawals, public officers are...
