Those Opposing FG On Relocation Of CBN, FAAN Depts Are Mischief Makers, Says Shettima
By Inusa Ndahi, Maiduguri THE Vice President of the federal republic of Nigeria, Senator Kashim Shettima has lampooned those opposing…
Tag: Central Bank of Nigeria
Banks Lending Rate To Customers Hits 29.13%
THE maximum lending rate in the banking sector hit 29.13 per cent while savings deposit rates was 4.13 per cent…
Cash Swap: CBN Bans Abuja, Lagos PoS Operators
THE Central Bank of Nigeria has excluded mobile money/Point of Sales agents in Abuja and Lagos from its newly launched…
CBN To Sanction Banks Hoarding New Naira Notes
THE Central Bank of Nigeria has vowed to sanction any commercial bank found hoarding the new naira notes, saying it…
CBN Injects $15.3bn To Stabilise Naira
THE Central Bank of Nigeria injected $15.3bn into the economy to stabilise the value of the naira from January to…
Cash limits: Customers Protest As Banks Begin Enforcement
Over 20 Deposit Money Banks on Monday began the implementation of the Central Bank of Nigeria’s new cash withdrawal limit…
CBN Bans Over-The-Counter Withdrawal Of New Notes
THE Central Bank of Nigeria has ordered Deposit Money Banks not to pay customers making over-the-counter withdrawals of new naira…
CBN Spends N800bn On Currency Production, Destruction
THE Deputy Governor, Financial System Stability, Central Bank of Nigeria, Aisha Ahmad, has said the amount spent on maintaining the…
Banks Reduce New Naira Notes Per Cash Withdrawal
BANKS have reduced the volume of new naira notes they dispense to customers per cash withdrawal by about 50 per…
Arewa Consultative Forum States Position On CBN’s Cash Withdrawal Limits
THE Arewa Consultative Forum (ACF) has identified a flaw in the Central Bank of Nigeria’s implementation of cash withdrawal limits…