Ex-SGF, Boss Mustapha refutes $6.3m CBN looting allegation
Former Secretary to the Government of the Federation (SGF), Mr Boss Mustapha has dismissed as outrageous insinuations alleging his involvement in an illegal withdrawal of 6.3 million dollars from the…
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CBN warns Banks, POS operators from hoarding cash
…….or face sanctions The Central Bank of Nigeria (CBN) has warned Deposit Money Banks (DMBs) and Point of Sale (PoS) operators to stop disrupting the seamless distribution of Naira notes.…
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CBN assures Nigerians, says Deposit banks strong, resilient
…….ignore reports on banks failing CAR stress test The Central Bank of Nigeria (CBN) says media reports listing banks as failing the Capital Adequacy Ratio (CAR) stress test for international…
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CBN Gov approves the bank’s reviewed service charter
The Governor Central Bank of Nigeria (CBN), Mr Yemi Cardoso, has approved the reviewed “Service Charter’’ of the apex bank. The service charter is a requirement of the Business Facilitation…
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CBN to banks, be ready for new round of recapitalisation
…to meet one trillion dollars economy by 2030 The Central Bank of Nigeria (CBN) says it is planning to implement a new round of banking recapitalisation for the Deposit Money…
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CBN: We ‘ve sufficient stock of currency notes
The Central Bank of Nigeria (CBN) has assured that there are sufficient currency notes to meet the needs of Nigerians. In a statement Director, Corporate Communications , Dr. Isa AbdulMumin…
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Shonubi succeeds Emefiele as CBN’s new acting Governor
Following the immediate suspension of the Central Bank of Nigeria Governor, Godwin Emefiele, from office, his Deputy (Operations Directorate) Folashodun Adebisi Shonubi, has been announced to act in his capacity…
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CBN Gov meets Reps, says no Nigerian ‘ll lose money in currency swap policy
……Stands on February 10, 2023 Deadline for Legal Status of Old Banknotes ABUJA – The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has assured that no…
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CBN sets records straight on Polaris Bank
The Central Bank of Nigeria has released detailed information on the recent sales of the Polaris Bank to investors. In a statement issued in Abuja o Wednesday, the CBN said:…
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CBN increases cash withdrawal limits to N500,000, N5m
The Central Bank of Nigeria (CBN) has announced an upward review of cash withdrawal limits to N500, 000 and N5 million for individuals and corporate accounts respectively. The apex bank…
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