CBN Threatens Sanctions on Banks for Rejecting Mutilated Naira Notes
The Central Bank of Nigeria (CBN) has issued a stern warning to Deposit Money Banks (DMBs) regarding the rejection of ...
Tag: NIGERIAN BANKS
House of Representatives Urges CBN to Enhance Bank Systems for Timely Transaction Reversals
In response to growing concerns over failed transactions and delays in their reversal, the House of Representatives has called upon ...
CBN Addresses Cash Scarcity, Acknowledges Banknote Hoarding as Contributing Factor
The Central Bank of Nigeria (CBN) has identified the hoarding of banknotes by unspecified individuals as the cause of reported ...
Nigerian Banks Announce Nationwide Strike Amid Mixed Reactions
Nigerian banks have declared a two-day nationwide strike set to take place on Tuesday, September 5th and Wednesday, September 6th, ...
CBN Authorizes Banks To Dispense & Accept Old Naira Notes- Gov Soludo
The Governor of Anambra State, Prof Charles Soludo confirmed on Monday that the Central Bank of Nigeria has asked commercial ...
No Directive to Banks to collect old N500, N1000 Notes
The Central Bank of Nigeria (CBN) on Friday refuted media reports that it had authorised the Deposit Money Banks (DMBs) ...
NAIRA RE-DESIGN, THE JOURNEY SO FAR
It is no longer news that the Central Bank of Nigeria CBN in exercise of her statutory function muted the ...
IGP Sues Former Senator Andy Uba and Two Others Over Alleged ₦400 Million Fraud
The Inspector-General of Police (IGP), Kayode Egbetokun, has filed a legal suit against former Senator Andy Uba, who represented Anambra...
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