Tag: CBN
North and Tinubu’s back-to-Lagos moves
However, it appears that Northerners who think the document is some sinister roadmap to dominate and subdue other parts of…
Sanusi counters Northern agitation: ‘Relocating CBN departments to Lagos in order’
According to Sanusi, northern politicians would shout that "this is moving from Abuja to Lagos. Abuja is a federal capital,…
CBN announces first MPC meeting under Cardoso
By Kadiri Abdulrahman The Central Bank of Nigeria (CBN) has scheduled the first Monetary Policy Committee (MPC) meeting, under the…
Just In: CBN appoints new CEOs for Union, Keystone, Polaris Banks
The CBN had on Wednesday evening announced the dissolution of the boards and management of Union Bank, Keystone Bank, and…
JUST IN: CBN sacks boards of Union, Keystone, Polaris Banks
The apex bank said this action became necessary due to the non-compliance of these banks and their respective boards with…
No cause for alarm, Nigerian banks remain sound — CBN
“The CBN encourages the public to continue their regular activities without being alarmed by reports that have not emanated from…
CBN lifts ban on cryptocurrency transactions
Mustapha said that the apex bank would now provide regulations for financial institutions on how to manage cryptocurrency to avoid…
CBN lifts ban on cryptocurrency transactions
The apex bank had in February 2021 restricted banks and other financial institutions from operating accounts for cryptocurrency service providers…
Naira scarcity: CBN blames banks, PoS operators
The apex bank warned the banks and PoS involved in the alleged collusion to desist from it even as it…
CBN breaks silence on banks failing Capital Adequacy Ratio stress test
CBN urged Nigerians to always rely on official channels for information and avoid speculation based on unverified sources.
BVN, NIN: Sanction banks, not customers, expert urges CBN
A financial expert, Mr Okechukwu Unegbu, has urged the Central Bank of Nigeria (CBN) to sanction banks that allow customers…
CBN announces date to freeze all bank accounts without BVN, NIN
The CBN, in a circular jointly signed by the Director, Payments System Management Department, Chibuzo Efobi, and Director, Financial Policy…
CBN orders banks to issue, accept old, redesigned Naira banknotes
This follows the order of the Supreme Court on Wednesday, November 29, 2023, granting the prayer of the Minister of Justice…
CBN extends use of old Naira notes indefinitely
"Without prejudice, the Central Bank of Nigeria wishes to inform the general public of its desire to extend the legal…
Old Naira notes remain legal tender – CBN
The bank said there had also been reports of anxiety among some members of the public over the legality or…