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CBN Denies Introducing N5000, N10,000 Notes
THE Central Bank of Nigeria, CBN, has denied introducing new N5,000 and N10,000 notes. CBN described the reports as false. There has been widespread reports that the CBN had…
How New CBN Directors Were Selected
Details have emerged regarding the selection process for the newly appointed Directors at the Central Bank of Nigeria (CBN), with sources indicating that the process was more rigorous and merit-based…
Court Asked To Stop CBN From ‘Implementing Unlawful, Unjust ATM Fee Increase’
THE Socio-Economic Rights and Accountability Project (SERAP) has taken legal action against the Central Bank of Nigeria (CBN) over its decision to increase Automated Teller Machine (ATM) transaction fees, describing the…
CBN To Retire 1,000 Employees, Spend ₦50 Billion On Payoff
THE Central Bank of Nigeria (CBN) is preparing to retire approximately 1,000 employees by the end of the year. According to findings by Daily Trust, this exercise, reportedly part…
African Leaders Appoint Professor Moghalu President Of African School Of Governance
African leaders have appointed former deputy governor of Central Bank of Nigeria, CBN, Prof. Kingsley Moghalu inaugural president of African School of Governance, ASG, based in Kigali, Rwanda. His appointment…
CBN Urges Customers to Report illegal Charges
CUSTOMERS of various banks have decried arbitrary debit of their monies by their banks. Some of them who spoke to the News Agency of Nigeria (NAN) in Abuja on Sunday…
CBN Sells $543m to Banks to Check Market Volatility
THE Central Bank of Nigeria (CBN) says it sold 543.5 million dollars to authorised dealer banks between Sept. 6 and Sept. 30. According to a statement issued by Omolara…
Recapitalisation Crisis: Four Banks Face Identity Loss Amid CBN’s New Policy – Investigation
FOUR major Nigerian banks are grappling with the implications of the Central Bank of Nigeria’s (CBN) stringent recapitalisation policy, potentially leading to the loss of their brand identities. An…
Ex-CBN director Advises FG to Invest More to Generate Employment
Dr Titus Okurounmu, ex-CBN Research Director, has advised the Federal Government to invest more in capital projects to generate employment opportunities. Okurounmu gave the advice in an interview with the…
N30tn Loans: Senate Uncovers Fresh Infractions, Summons CBN Gov
THE Senate Ad-hoc Committee probing how the N30tn Ways and Means loans were obtained from the Central Bank of Nigeria and spent by the former President Muhammadu Buhari-led administration says…
