HOUSTON, Oct. 31, 2024 /PRNewswire/ -- The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), Nigerian banks, and International Money Transfer ...
As the country approached independence, the Central Bank of Nigeria was founded, on 1st July 1959. According to Section 4 of the 1958 CBN Ordinance, one of the principal objectives of the bank is ...
The Central Bank of Nigeria (CBN) has dismissed reports suggesting that the old series of the N200, N500, and N1,000 banknotes will cease to be legal tender by the end of this year. This is ...
Nigeria's central bank is prepared to use "whatever tools at our disposal" to manage inflation, its central bank chief Olayemi Cardoso said on Tuesday. Inflation in Africa's most populous country rose ...
The Central Bank of Nigeria has announced that there is no deadline on the circulation of old N200, N500 and N1000 bank notes. The spokesperson of CBN, Sidi Ali Hakama disclosed this in a ...
The Central Bank of Nigeria, which supervises the country’s 25 commercial banks, has given them until March 2026 to meet new capital requirements. Those with international operations are ...
The House of Representatives, on Thursday, urged the Central Bank of Nigeria to commence the gradual withdrawal of old naira notes and make available to Nigerians new notes in N200, N500 ...
Abuja—The Governor of Central Bank of Nigeria, CBN, Olayemi Cardoso, said yesterday that the country’s foreign reserves rose by 12.74 per cent to $39.12 billion as at October 11. He also said ...
The Central Bank of Nigeria, CBN said that the nation’s external reserves has risen to $40.2 billion as at October 18, 2024. Deputy Governor, Economic Policy, Mr. Muhammed Andullahi ...
Given these promising results, the report argues that the new direction of macroeconomic policies should be sustained, including the Central Bank of Nigeria’s appropriately tight monetary policy ...
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CBN finally addresses GTBank, Zenith Bank, others over network issues, gives permanent solutionsTo protect depositors' money from hackers, the Central Bank of Nigeria (CBN) has This urged banks in the nation to invest heavily in cybersecurity. The governor of the CBN, Olayemi Cardoso said ...
The House of Representatives has directed the Central Bank of Nigeria, CBN to begin the gradual withdrawal of the old notes from circulation before the deadline of December 31, 2024. The ...
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