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Inflation, exchange rates to decline in 2024, CBN assures

Nathaniel Zaccheaus, Abuja Nigeria’s rising inflation and exchange rates are expected to decline in 2024, the Central Bank of Nigeria…

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CBN assures of adequate cash supply, says 3.4trn in circulation

The Central Bank of Nigeria (CBN) has reassured Nigerians of enough Naira notes in circulation, to carter for their cash…

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CBN suspends processing fees on cash deposits till April

The Central Bank of Nigeria (CBN), on Monday, announced the suspension of the processing fees on cash deposits charged banks…

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Banks deposit N5.35trn in CBN in two months

Banks operating in Nigeria have deposited N5.35 trillion with the apex bank between October and November 2023 following the removal…

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Reps order arrest of CBN governor, Cardoso

The House of Representatives Committee on Public Petitions has ordered the arrest of the Central Bank Governor, Mr. Olayemi Cardoso.…

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BVN, NIN: Sanction banks not customer, expert urges CBN

  A Financial Expert, Okechukwu Unegbu, has urged the Central Bank of Nigeria (CBN) to sanction banks that allowed customers…

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CBN to freeze accounts without BVN, NIN from April 2024

The Central Bank of Nigeria (CBN) says that all bank accounts without BVN and NIN will be frozen effective April…

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Comply with S’Court ruling on old naira notes, CBN orders banks

  The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DMBs) in Nigeria to comply with the Supreme…

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Alleged procurement fraud: EFCC calls 3 witnesses in trial of Emefiele

The trial of suspended fCentral Bank of Nigeria (CBN) Governor, Godwin Emefiele on Tuesday began in an FCT high court,…

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Finanacial experts back CBN’s planned recapitalisation of banks

Two financial experts have commended the Central Bank of Nigeria (CBN) for its plan to further recapitalise Deposit Money Banks…

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