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ATMs: CBN To Sanction Banks Dispensing Old Notes

The Director of the Legal Services Department of the Central Bank of Nigeria, Mr. Kofo Salam-Alada, has said the agency will go tough...

Money

Don’t Pay Charges For Deposit Of Old Naira Notes – CBN

The Central Bank of Nigeria, CBN, on Wednesday warned residents, market women and leaders not to pay charges while depositing the old naira...

Money

CBN Releases Approved Guidance On Ultimate Beneficial Ownership Of Legal Persons And Legal Arrangements

January 17, 2023/CBN The Central Bank of Nigeria (Anti-Money Laundering, Combating the Financing of Terrorism and Countering Proliferation Financing of Weapons of Mass...

Money

CBN Governor, Godwin Emefiele Resumes Duty After Annual Leave

January 16, 2023/CBN The Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, has resumed duty after his annual vacation abroad. Mr. Emefiele, who...

Money

New Naira Notes In Circulation Huge, Says CBN

The Central Bank of Nigeria has said there is a huge circulation of the new naira notes in the economy. The CBN Lagos...

Money

FG Pays N4.12tn Interest On CBN Loan

Minister of Finance, Budget and National Planning, Zainab Ahmed The Federal Government paid interests of N4.12tn between 2019 and 2022 on the loans...

Money

CBN Bans Over-The-Counter Withdrawal Of New Notes

The Central Bank of Nigeria has ordered Deposit Money Banks not to pay customers making over-the-counter withdrawals of new naira notes again. Instead,...

Money

CBN To Reduce Cash-Based Transactions By 2025

The Central Bank of Nigeria has said the use of cash payment will naturally reduce 2025 as the new naira notes circulate in...

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