Finally, CBN Orders Banks to Receive, Dispense Old Naira Notes
Justice Godfrey Okamgba A few hours after the Presidency said it did not inform the Central Bank of Nigeria not to…
CBN
CBN Denies Gov. Soludo, says “no Order has been Given to Banks”
In light of the growing currency crisis, the Central Bank of Nigeria has clarified its position on ordering…
Buhari Must Address Cash Crunch as Economy Tightens
Nigeria’s President Muhammadu Buhari must immediately address the cash crunch already crippling the country’s economy. Buhari’s continued silence…
Why is the CBN Reticent on Supreme Court’s Judgment?
Nigerians are still facing the hurdles of having access to cash despite the Supreme Court’s recent judgment, which…
CBN Issues Guidelines on Open Banking
The Central Bank of Nigeria (CBN) has given approval for the operation of Open Banking in Nigeria. In…
FirstBank Appoints Aishatu Bubaram as Group Executive
FirstBank of Nigeria has named Aishatu Bubaram as Group Executive, Commercial Banking North Division, making her the first…
Banks Lend N947b to Customers amid Cash Crunch
According to the Monetary Policy Committee of the Central Bank of Nigeria (CBN), Nigerian banks offered 130,854 new…
According to IMF, 24% of CBN’s Anchor Borrowers’ Loans Were Repaid
According to the International Monetary Fund (IMF), only 24% of loans disbursed through the Central Bank of Nigeria’s…
Federal Government says 1.9m Nigerians receive N5,000 Monthly
On Thursday, the Federal Government announced that 1,940,004 vulnerable Nigerians are currently receiving N5,000 cash gifts each month.…
Six days after Presidential Election Naira Scarcity Persists
The much-anticipated presidential election is over, and the results have been announced, but Nigerians continue to struggle with…
Adaora Umeoji Retires as Zenith Bank Deputy Managing Director
Dr. Adaora Umeoji, Deputy Managing Director of Zenith Bank Plc, has retired from the financial institution following the…
CBN Appoints Isa Abdulmumin as New Spokesperson
The Central Bank of Nigeria (CBN) has appointed Isa Abdulmumin as Acting Director of the apex bank’s Corporate…
Online Tools and Tips to Identify Fake News
We are in the era of fake news. Nigeria will conduct one of the most interesting presidential elections…
Premium Trust Bank Starts Operation at Redemption City
PremiumTrust Bank, Nigeria’s fastest-growing commercial bank, has officially opened its eighth branch in just nine months at the…
CBN to Release CVFF Funds to 5 Banks After Hitting $50m
Central Bank of Nigeria (CBN) will release the Cabotage Vessel Financing Fund (CVFF) to the five selected primary…