The Apex bank has sold one-year Treasury Bills (T-Bills) at a stop rate of 22.1 percent during its July 24 auction. This move reflects the central bank’s ongoing efforts to manage liquidity and control inflation in the economy. According to…
The Central Bank of Nigeria, CBN, is set to release all N1,000, N500 and N200 notes in its custody to Deposit Money Banks. A source at the CBN disclosed this to the News Men on Wednesday. According to him, the…
The Central of Nigeria has announced its Monetary Policy Committee meeting schedule. News Men reports this is according to information obtained from CBN’s website on Tuesday. Accordingly, the apex bank stated that the two-day meeting would be held from 20…
The Central Bank of Nigeria (CBN), Bauchi State, says it allocates N30 million new naira notes daily to each branch of banks in the state to increase access of customers to the new notes. Mr Abdulkadir Jibrin, an official of…
The Nigerian Senate, Tuesday urged the Central Bank of Nigeria, CBN to extend the mop-up of old Naira notes to 31st July 2023. The upper legislative Chamber through an adopted resolution arrived at the new deadline after a thorough debate.…
Arewa Youth Assembly has called on President Muhammadu Buhari to sack the Director-General of the Department of Security Services, DSS, without further delay. The group made the call at a press conference in Abuja on the need for Nigerians to…
