CBN

CBN Raises MPR to 16.5%

Agency Report/ The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Tuesday increased the country’s Monetary…

2 years ago

CBN Directs Banks to Open on Saturdays

Editor/ The Central Bank of Nigeria (CBN) has instructed commercial banks in the country to work on Saturdays till Jan.…

2 years ago

ICAN President Raises Critical Issues on CBN’s Plan to Redesign Naira

Ololade Adeyanju/ The Central Bank of Nigeria (CBN) has been urged to consider some critical issues around its plan to…

2 years ago

New Naira: Nigerian Banks Get N52Bn Cash Deposits in 2 Weeks

Editor/ Barely two weeks after the announcement of plans by the Central Bank of Nigeria (CBN) to redesign some naira notes, about…

2 years ago

Naira Redesign: CBN Limits Cash Deposits for Individual Accounts

Editor/ Central Bank of Nigeria (CBN) has directed that individuals can only deposit N5 million for new accounts and N50…

2 years ago

Buhari Disagrees with Finance Minister on Naira Redesign, Backs CBN

Agency Report/ President Muhammadu Buhari says the CBN has his support to launch new designs and replace high value naira…

2 years ago

CBN: We Don’t Need Finance Minister’s Approval to Redesign Naira

Pat Stevens/ The Central Bank of Nigeria (CBN) has said it followed due process and obtained the approval of President…

2 years ago

EFCC Hails CBN, Moves to Clampdown on Currency Hoarders

Malik Yahya/ The Economic and Financial Crimes Commission, EFCC, has applauded the move by the Central Bank of Nigeria (CBN)…

2 years ago

CBN Redesigns Naira, Begins Circulation Dec 15

Agency Report/ As means of checking serial abuse of the naira, the Central Bank of Nigeria (CBN) has concluded plans…

2 years ago

Buhari is Setting a Big Trap for the Next Govt, Says Onigbinde

Pat Stevens/ Financial expert and co-founder of BudgIT and Civic Hive, Oluseun Onigbinde, has warned warned that the current administration…

2 years ago