CBN directs banks to suspend charges on deposits till September
The Central Bank of Nigeria has directed banks to stop charges on cash deposits until September 30, 2024. The apex bank disclosed this in a […]
CBN
BREAKING: Again, CBN Increases Customs Duty Exchange Rate For Fourth Time in 2024
Once again, the Central Bank of Nigeria (CBN) has raised the exchange rate used for computing customs duties at the seaports across the nation. As […]
Again, CBN raises import duty rate by another 4.4% in 24 hours
Barely 24 hours after it increased the Customs exchange rate to N1, 356.883 per dollar on Friday, the Central Bank of Nigeria, CBN, has Saturday […]
No Plans To Convert $30bn Domiciliary Deposits To Naira – CBN
The Central Bank of Nigeria (CBN) on Saturday said there is no plan to convert $30bn domiciliary deposits to naira. Reports emerged in the media […]
CBN’s Directive On Customers’ Social Media Handles Illegal – NDPC
The Nigeria Data Protection Commission (NDPC) has said the Central Bank of Nigeria (CBN)’s directives to commercial banks to collect their customers’ social media handles […]
We Didn’t Direct Banks To Disburse Old Notes – CBN
The Central Bank of Nigeria (CBN) Tuesday said it has not issued a fresh directive to commercial banks on last Friday’s judgment of the Supreme […]
CBN Makes U-Turn, Asks Commercial Banks To Collect Old N500, N1,000 Notes
As tension continues to rise over the rejection of old N500 and N1,000 notes, the Central Bank of Nigeria has told the management of commercial […]
Certain Conditions Must Be Met, CBN Clarifies Old Naira Acceptance After Feb 10
The Central Bank of Nigeria (CBN) has clarified the position of the apex bank chief, Godwin Emefiele, that old N200, N500 and N1,000 will be […]
We Are Mostly Affected; Live In The Bushes – Nigerian Herders Association Demands One-Year Extension For Old Naira Notes
Northern herders under the aegis of the Kulen Allah Cattle Rearers Association of Nigeria, (KACRAN), have demanded for a one year extension for deposit of […]
CBN Cites Hoarding, Counterfeiting As Reasons For Changing Banknotes
The Central Bank of Nigeria (CBN) has significant hoarding of naira, worsening shortage of clean and fit banknotes as well as the ease of counterfeiting […]
Central Bank Now Broke Like Nigeria It Has Been Printing Naira For Due To High Cost Of Diesel – Sowore
The #RevolutionNow convener has consistently maintained that Nigerian leaders impoverished citizens with corruption and maladministration. The African Action Congress (AAC) presidential candidate for the 2023 […]