By Ibiyemi Mathew President Muhammadu Buhari has approved the reappointment of Mrs. Aishah Ndanusa Ahmad, Deputy Governor, Financial System Stability, Central Bank of Nigeria and Edward Lametek Adamu, Deputy Governor, Corporate Services, Central Bank of Nigeria to serve second terms…
By Seun Ibiyemi, Ogaga Ariemu and Matthew Denis The Central Bank of Nigeria (CBN) has put a limit on cash withdrawal made by individuals and organisations with effect from January 9, 2023. In a memo issued on Tuesday, signed by…
A new Central Bank of Nigeria (CBN) policy seeks to limit over-the-counter cash withdrawals by individuals and corporate entities to N100,000 and N500,000 per week, respectively. In a circular issued by the CBN and seen by Peoples Gazette on Tuesday,…
The Central Bank of Nigeria has assured information security stakeholders and the general public of its collaboration to check the rising cases of cyber-attacks within the Nigeria cyberspace. Director, Payments System Management Department of the CBN, Mr. Musa Jimoh in…
The Central Bank of Nigeria (CBN) says it has no plan to introduce N5,000 denominated bank note as being speculated by some sections of the society. Ahmed Umar, the Director, Currency Operations of CBN clarified this at a three-day workshop…
…Calls for increased support for smallholder farmers to revive economy By Ibiyemi Mathew Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has predicted an increase in the growth of Nigeria’s gross domestic product (GDP) amidst rising inflation…
Governor, Central Bank of Nigeria, CBN, Emefiele has projected 15 per cent decline in inflation rate 2023. He stated this in a keynote address delivered at the annual Bankers Dinner Night of the Chartered Institute of Bankers of Nigeria, CIBN,…
By Idris Bakare The Central Bank of Nigeria has said it would engage with law enforcement agencies to complicate and track large withdrawals of naira notes. The Governor of CBN, Godwin Emefiele, stated this while briefing the press after the…
By Idris Bakare The Central Bank of Nigeria has organised an enlightenment fair for residents of Osun State on the introduction of new naira notes among other activities of the bank. During the sensitisation programme, the Apex Bank also urged…
By Seun Ibiyemi The Central Bank of Nigeria (CBN) has said that it had received a total of N165 billion so far since it announced plans to introduce new Naira notes and asked Nigerians to deposit all old notes in…
