The Central Bank of Nigeria (CBN) on Wednesday instructed all Deposit Money Banks to immediately collect all old N200, N500 and N1000 notes deposited in its branches to ease the cash crunch across the country.…
Tony Chukwunyem
The Central Bank of Nigeria (CBN) has revised the regulatory requirements for the tenure of executive management and non-executive directors of Deposit Money Banks (DMBs) and Financial Holding Companies. In a circular posted on its…
Bayo Akomolafe
President Muhammadu Buhari has said that the 2 per cent charge, which makes up the cabotage fund should continue to accrue to the Central Bank of Nigeria (CBN)’ Treasury Single Account (TSA). Also, the President…
The Supreme Court on Wednesday maintained that come what may, the new naira suit must be heard. The Counsel for Lagos State, Moyosore Onigbanjo during the proceedings prayed the court to prohibit the Attorney General…
Following the disclaimer issued by the Central Bank of Nigeria (CBN) on the recirculation of old N500 and N1000 naira notes into the system, Aisha Buhari, President Muhammadu Buhari’s wife has denied sharing such fake…
The Central Bank of Nigeria (CBN) has debunked the purported news making the rounds on social media that it has directed all commercial banks to recirculate the old 500 and 1000 naira notes back to…
In a view to arrest and prosecute the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele on allegations bothering on terrorism financing, the Department of State Services (DSS) has on Monday stepped…
