The Central Bank of Nigeria analysis showed that the total amount of currency-in-circulation in the country dropped from N3.29tn as of the end of October 2022 to N1.38tn as of the end of January 2023. Figures obtained from the CBN…
The Central Bank of Nigeria has reviewed the tenure of Executive Management and Non-Executive directors of Nigerian banks, a move it believes will strengthen their corporate governance structure. The apex bank said in the revised edition for banks corporate governance…
Nigerians have called for an intervention from the Federal Government to ease the hardship and frustration being faced because of the new monetary policy introduced by Central Bank of Nigeria (CBN). According to a survey of some people on Sunday…
he Central Bank of Nigeria (CBN) has appointed Isa Abdulmumin as the Acting Director of Corporate Communications Department of the apex bank. Abdulmumin, a Deputy Director, takes over from Osita Nwanisobi as head of the Corporate Communications Department following his…
By Ola Emmanuel The skit maker chose a very auspicious location to pass the message across. Crossing the Lagos-Ibadan Expressway, with the fast-moving vehicles on top speed in both direction, she struggled to climb over the divide in an attempt…
The Central Bank of Nigeria (CBN) says only N200 old notes are to be reissued and circulated concurrently with the new notes in line with the directives of President Muhammadu Buhari. The bank restated this in a statement jointly signed…
By Ogaga Ariemu The Central Bank of Nigeria, CBN, has debunked a press release alleged to be from the bank, shared on the Instagram account of the wife of the President, Aisha Buhari. In the release shared on Aisha’s page…
The Central Bank of Nigeria, CBN, has debunked a press release alleged to be from the bank, shared on the Instagram account of the wife of the President, Aisha Buhari. In the release shared on Aisha’s page on Tuesday, it…
The International Monetary Fund has called for a review of the Central Bank of Nigeria Act 2007 to strengthen the bank’s autonomy and governance. IMF made the call in the latest report titled ‘Nigeria: 2022 Article IV Consultation-Press Release; Staff…
Islamic group, Muslim Rights Concern, MURIC, on Saturday appealed to President Muhammadu Buhari to intervene in the Central Bank of Nigeria’s (CBN) Naira redesign policy. The group’s Director, Prof. Ishaq Akintola, made the appeal in a statement in Lagos. Akintola…
