NDIC Set to probe Directors of revoked 183 MFBs, PMBs
State Correspondent The Nigeria Deposit Insurance Corporation, NDIC, will begin the investigation of the directors and officers of the 183
Read more
BANKING
NSCC, NIMC meets with Banks, Related Institutions on Issuance of Identity Cards for Senior Citizens.
Oru Leonard In line with the continued engagement with stakeholders for possible collaborations, the National Senior Citizens Center on Tuesday
Read more
CBN Issues Further Guidance on Operational Changes to Foreign Exchange Market
Oru Leonard Following the Central Bank of Nigeria (CBN), press statement of June 14, 2023, on new guidelines in the
Read more
CBN Directs Banks to Trade Forex at Market-Determined
Oru Leonard The Central Bank of Nigeria has directed commercial banks to freely trade foreign exchange at at market-determined rates.
Read more
CBN Confirms Evacuation of Banknotes to DMBs
…Directs Banks to open their branches on Saturday and Sunday…CBN Gov to monitor compliance personally Oru Leonard The Central Bank
Read more
CBN COMPLIES TO SUPREME COURT JUDGEMENT…. Says Old N200, N500, and N1,000 banknotes Remain Legal Tender
Oru Leonard The Central Bank of Nigeria (CBN), has said that the N200, N500 and N1000 banknotes remain legal tender alongside
Read more
Presidential Directive to Reissue only 200 Naira Old Banknotes alongside redesigned notes, is still effective- CBN
Oru Leonard The Central Bank of Nigeria (CBN), has said the Presidential Directive to Reissue only 200 Naira Old Banknotes in
Read more
CBN Directs Banks To Pay 20,000 redesigned naira notes to customers over the counter… Also to collaborate with Police, other agencies to Prosecute Sellers, Abusers of Naira
Oru Leonard In order to alleviate the pressure the public is going through to get cash, the Central Bank of
Read more
EXTENSION OF OLD CURRENCY DEPOSIT DEADLINE : CBN Clarifies Position
Oru Leonard The Central Bank of Nigeria (CBN) has clarified its position on the legal tender status of the old
Read more
Emefiele accuses bank of breaching agreement
Njideka Ozoalor The Governor of Central Bank of Nigeria, Godwin Emefiele has accused commercial bank of breaching agreement for Issuance
Read more