CBN
- NEWS
CBN begins settlement of mature foreign exchange backlog, disburses $61m to foreign airlines
The Central Bank of Nigeria (CBN), says it has disbursed 61.64 million dollars to foreign airlines through various Deposit Money…
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No cause for alarm in banks, CBN assures depositors
The Central Bank of Nigeria (CBN) has assured depositors and customers of Nigerian banks of the safety of their funds…
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Emefiele to sue Obaze, says report bare-faced lies, satanic
Mr. Godwin Emefiele, former Governor of the Central Bank of Nigeria (CBN) has instructed his lawyers to commence proceedings to…
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Cash shortage may mar our Christmas, Ibadan residents lament
Some residents of Ibadan, on Friday, decried the hardship they have been facing over cash shortage, saying it may mar…
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CBN lifts ban on cryptocurrency, set to provide regulations
The Central Bank of Nigeria (CBN) has lifted the ban it imposed two years ago on cryptocurrency transactions in the…
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CBN reads riot act, to sanction banks, POS operators involved in cash hoarding
The Central Bank of Nigeria (CBN) has read the riot act against Deposit Money Banks (DMBs) and Point of Sale…
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NDIC pays over N1.7bn insured sum to customers of closed banks
Nigeria Deposit Insurance Corporation (NDIC) says it has paid an insured sum of over N1.7 billion to customers, following the…
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CBN assures inflation, exchange rates woes will decline in 2024
The Central Bank of Nigeria (CBN) has assured Nigerians that the rising inflation and plunging exchange rates woes will decline…
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CBN assures Nigerians of adequate Naira supply, says 3.4trn in circulation
The Central Bank of Nigeria (CBN) has reassured Nigerians of enough Naira notes in circulation, to cater for their cash…
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Cash scarcity: CBN suspends processing fees on cash deposits
In a bid to tackle the prevailing cash scarcity in the country, the Central Bank of Nigeria (CBN), on Monday,…
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