The Senate has urged the Central Bank of Nigeria (CBN) to urgently extend the withdrawal date of old currency notes from Jan. 31, 2023 to June 31. The upper chamber’s resolution was sequel to a point of order raised by…
At least 6,047 Bank Verification Numbers of bank customers have been placed under the Central Bank of Nigeria watch list for fraudulent transactions. This was contained in the CBN Financial Stability June 2022 report published in December 2022. The report…
The Arewa Youth Consultative Forum, AYCF, has said the Central Bank of Nigeria’s new monetary policy would favour the masses. AYCF National President, Yerima Shettima, said the monetary policy would reduce inflation. Speaking with Newsmen, Shettima said AYCF would help…
The Central Bank of Nigeria (CBN) says its policy of cash withdrawal limit is not based on politics, contrary to insinuations. The Deputy Governor, CBN, Mrs Aisha Ahmad said this in Abuja on Thursday when she answered questions from lawmakers…
…Approved N5m withdrawal limit for corporate account By Seun Ibiyemi The Central Bank of Nigeria (CBN) has announced an upward review of cash withdrawal limits to N500,000 and N5 million for individuals and corporate accounts respectively. The apex bank also…
By Idris Bakare The Central Bank of Nigeria (CBN) has been advised to withdraw from further deployment of monetary policy tightening as a tool to check the inflationary pressure. The Managing Director, Centre for the Promotion of Private Enterprise (CPPE)…
The internal rumbling among President Muhammadu Buhari Administration members raises serious concern. The recent in-fighting between the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele and the Department of State Services (DSS), is a typical example. Outside Nigeria’s…
By Ademu Usman Idakwo- Abuja As the embattled Governor of Central Bank of Nigeria (CBN) continues to face oppositions with threat of arrest from the Department of State Security Services (DSS), the Atiku/Okowa Presidential Campaign Organisation has carefully reviewed the…
The House of Representatives has again given two days ultimatum, for the Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, to appear before it, to explain the new policy of cash withdrawal limit. The House gave the ultimatum…
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…
