Naira Scarcity: House of Reps Intervenes as CBN, Banks Enforce Cash Withdrawal Limits
Amid an escalating cash crunch, the Nigerian House of Representatives has demanded an investigation into the operations of commercial banks ...
Tag: CBN
Central Bank of Nigeria (CBN) Issues Urgent Statement to Employees of Major Banks Including UBA, Access, and Zenith.
The Central Bank of Nigeria (CBN) has urged financial institution treasurers to adopt proactive measures to safeguard the financial stability ...
CBN Plans to Retire 1,000 Employees by December 2024, Costing N50 Billion
The Central Bank of Nigeria (CBN) is reportedly planning to retire approximately 1,000 employees by December 31, 2024, according to ...
Why Nigerians Should Not Japa – CBN Governor
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has urged Nigerians to reconsider relocating abroad, a ...
CBN Revokes Heritage Bank’s License Over Poor Financial Performance
The license of Heritage Bank Plc has been revoked by the Central Bank of Nigeria (CBN) with immediate effect. This ...
The Central Bank of Nigeria (CBN) is said to be preparing to retire eight directors who were hired during Emefiele’s tenure
Reports have emerged that Yemi Cardoso, the Governor of the Central Bank of Nigeria, is planning to retire eight directors ...
Peter Obi expresses concern over CBN’s interest rate hike, citing potential job losses and worsened economic conditions
Peter Obi, the presidential candidate of the Labour Party, has voiced his concerns over the Central Bank of Nigeria's (CBN) ...
The Nigerian Labour Congress cautions Tinubu to tackle the issue of Naira scarcity.
The Nigeria Labour Congress (NLC) has called on the Nigerian government under President Bola Tinubu's leadership and the Central Bank ...
Significant changes are underway as the Central Bank of Nigeria (CBN) reshuffles its top officials.
The Central Bank of Nigeria (CBN) has started an internal cleanup by secretly transferring top officials, according to reports. The ...
BREAKING: Former Central Bank of Nigeria Governor Granted Bail
In a significant development, the Federal Capital Territory High Court has granted bail to the troubled former Central Bank Governor, ...
CBN Speaks On Plans To Redenominate Naira
The Central Bank of Nigeria (CBN) has debunked viral reports claiming that it intends to redenominate the naira. In an ...
How Ex-CBN Gov, Emefiele Saved Billions Of Dollars For Nigeria – Aondoakaa
A former Attorney General of the Federation and Minister of Justice, Michael Aondoakaa (SAN), has disclosed how Godwin Emefiele, the ...
We’ve Observed the Effect of the Hijack, and Cardoso, the New CBN Governor, Promises That It Won’t Take Place Again
Dr. Olayemi Cardoso, the recently confirmed Governor of the Central Bank of Nigeria (CBN), has warned that neither he nor ...
Olayemi Cardoso Resuming as Acting Governor of the CBN
Dr. Olayemi Cardoso, the acting governor of the Central Bank of Nigeria (CBN), officially began his duties at the central ...
RMAFC Chairman Discloses Tinubu’s Salary as “Less Than N1.5m Monthly”
Bola Tinubu, the president of Nigeria, receives a monthly salary of less than N1.5 million, according to Alhaji Muhammed Shehu, ...
How Emefiele’s resignation as governor of the CBN made room for Cardoso
A recent revelation has shown that Godwin Emefiele, the Central Bank of Nigeria (CBN) governor who is now on leave, ...
GTB, First Bank, and 2 Other Institutions Record N478 Billion in Bad Loans; CBN Orders Debit of Debtors’ Accounts
According to information from four banks' financial records, there were N478 billion worth of non-performing loans in Nigeria during the ...
“Too Cheap”: CBN Names Change Agent Selling Dollars for Less Than N700, and Starts Looking for Others
A Crown Agent, a Bureau De Change (BDC) owner, is under investigation by the Central Bank of Nigeria (CBN) for ...
Godwin Emefiele: After questioning, the DSS releases CBN deputy governor Obiora
Kingsley Obiora, the Deputy Governor of the Central Bank of Nigeria (CBN) in charge of Economic Policy, has been released ...
Tony Elumelu responds to President Tinubu’s stated intentions to appoint him as CBN governor.
Popular businessman Tony Elumelu has refuted rumors that President Bola Ahmed Tinubu wants to appoint him as the new governor ...