1. Banks must only accept cash from customers with full KYC and bank accounts. 2. Cash must only be paid into customers’ accounts. Cash must not...
Adamu Garba, a chieftain of the All Progressives Congress, APC, has warned the Central Bank of Nigeria not to remove the Arabic language in the proposed...
It is no longer news that the Central Bank Governor, Godwin Emefiele, has said that the apex bank would redesign the country’s currency. Emefiele made this...
The Central Bank of Nigeria has announced it will launch new naira notes before the end of the year. The newly redesigned Naira notes are to...
The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) have announced the completion of a Share Purchase Agreement (SPA) for the...
Rivers Governor Nyesom Wike has promised to expose some persons, who though not in power at the centre, surreptitiously stopped the release of the loans from...
The House of Representatives has ordered the Central Bank of Nigeria (CBN) to suspend the sale of Polaris Bank Plc. The House gave the directive on...
The Central Bank of Nigeria (CBN) has directed banks to pay at least 4.65% interest on savings deposit accounts, up from 4.2% earlier. This is due...
The Central Bank of Nigeria raised the benchmark interest rate (MPR) to a two-decade high of 15.5% in its just concluded monetary policy meeting, indicating a 150-basis points...