cbn
- Banking & Finance
CBN Spent N281 Billion printing new notes as latest Banknotes begin circulating December 15
The Central Bank of Nigeria, CBN, has unveiled plans to redesign the banknotes and withdraw old ones and said the…
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CBN directs Nigerian Banks to dishonour Old Cheques from January 2021
Nigerian banks migrate to new cheque standards, old ones expire 31 Dec. The new cheques with new standards effective 1…
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CBN issues new directive on e-payments, pensions
The Central Bank of Nigeria (CBN) has issued a directive for the commencement of the end-to-end electronic payment of salaries,…
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Senate Asks CBN To Stop ATM Card Charges By Banks
The Nigerian Senate on Wednesday passed a resolution calling on the Central Bank of Nigeria (CBN) to suspend the excessive…
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Yar’adua, Jonathan’s ECA claim: CBN says Amaechi is wrong
The Minister of Transport, Rotimi Amaechi, on Saturday said former President Olusegun Obasanjo left $65 billion dollars in Nigeria’s excess crude…
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CBN to revoke licences of Micro Finance Banks for non- compliance
The Central Bank of Nigeria, CBN, has disclosed that it would revoke the operating licences of micro finance banks, and…
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CBN suspends bank charges, direct banks to make refunds
The Central Bank of Nigeria (CBN) has directed Deposit Money Banks to suspend charges on over-the-counter or ATM withdrawals of…
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CBN releases $380m in 2 days
The Central Bank of Nigeria, CBN has pumped a total $380million within two days into the Foreign Exchange Market. And the…
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CBN cuts dollar rate to N360
The Central Bank of Nigeria (CBN), has slashed the rate at which it sells dollars to Bureaux De Change (BDCs) in…
Read More » - Business Inside
CBN sells $1bn to clear backlog of forex demand
The Central Bank of Nigeria has sold about $1bn on the forward market to clear a backlog of dollar obligations…
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