Tag: CBN
Reps ask CBN to suspend new cash policy, summon Emefiele
THE House of Representatives has asked the Governor of Central Bank of Nigeria, Godwin Emefiele, to suspend implementation of the new cash ...Senate raises concerns over CBN’s cash withdrawal policy
Senators have expressed reservations over the new policy of the Central Bank of Nigeria on cash withdrawals. The CBN, under the new ...CBN limits cash withdrawals to N100K, N200 now highest ATM denomination
The Central Bank of Nigeria has ordered Deposit Money Banks and other financial institutions to ensure that weekly over-the-counter cash withdrawals by ...FG borrowed N6.3 trillion between January and October – CBN
Data from the from the Central Bank of Nigeria has revealed that the federal government borrowed N6.3 trillion in the first 10 ...CBN, EFCC to track large withdrawals – Emefiele
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said the bank would work with law enforcement agencies like the ...Buhari to unveil redesigned Naira notes Wednesday—Emefiele
President Muhammadu Buhari will unveil the newly redesigned naira notes on Wednesday, the Central Bank of Nigeria Governor, Mr Godwin Emefiele has ...Naira rise: Inject more dollars to sustain gains – Experts tell CBN
Reports have shown that the Nigerian naira is currently making a comeback. The naira has made a comeback rising to N730/$ ...Naira redesign: Nigerians, firms deposit N52bn in two weeks
No fewer than N52bn cash have returned to banks following the announcement by the Central Bank of Nigeria that it will redesign ...Muric warns CBN against removal of Arabic inscriptions on new Naira notes
Muslim Rights Concern (MURIC) has asked the Central Bank of Nigeria (CBN) to retain the Arabic inscription in the proposed new ...CBN destroys over N6 trillion banknotes under Buhari
The Central Bank of Nigeria is expected to have destroyed over N6 trillion worth of mutilated and old banknotes when the tenure ...