Tag: CBN
More Naira notes as banks get old notes deposited with CBN
Reliable sources in the Central Bank of Nigeria, CBN said banks have been instructed to collect the old Naira noted they deposited in CBN and that bef [...]
Emefiele denies launching fresh plot against President-elect Tinubu
The governor of Central Bank of Nigeria, CBN, Godwin Emefiele has debunked the viral news published by The Nation newspaper that Emefiele has launched [...]
Supreme Court rules against CBN policy, orders old notes remain legal tenders till Dec 31
The Supreme Court on Friday ordered that old N200, N500, N1,000 notes remain in circulation till December 31, 2023.
The apex court also nullified t [...]
CBN reviews tenure of MDs, DMDs, EDs, Non-Executive Directors of banks
The Central Bank of Nigeria (CBN) has reviewed the tenure of Executive Management and Non-Executive Directors of banks and other financial institution [...]
Again, House of Reps approves N1trn loan for Buhari
The house of representatives has approved the request by President Muhammadu Buhari to secure an additional N1 trillion loan from the Central Bank of [...]
Emefiele accused by brother in-law of committing multi-billion-dollar fraud against him
The governor of Central Bank of Nigeria, Godwin Emefiele, is embroiled in a multi-million-dollar legal battle that has torn apart a once close family [...]
Confusion over Godwin Emefiele’s whereabouts as aide claims he is abroad attending to his health
An associate of Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN), has debunked the rumour circulating on social media that Emefiele [...]
Terrorism financing: Court stops DSS from arresting Emefiele for alleged involvement
A federal high court sitting in Abuja has declined an application by the Department of State Services (DSS) to arrest and detain Godwin Emefiele, gove [...]
CBN sells Polaris bank to Strategic Capital Investment Limited
The Central Bank of Nigeria (CBN) says it has completed the sales of Polaris Bank to Strategic Capital Investment Limited (SCIL), a new core investor [...]
Emirates cuts Nigerian flights as CBN withholds $85 million revenues over forex crisis
Emirates Airlines has announced a reduction in flight operations to Nigeria from August 15, citing the Central Bank’s continued withholding of $85 mil [...]