The Central Bank of Nigeria has confirmed the appointment of Dr Isa Abdulmumin as the substantive Director of Corporate Communications. The development comes months after Osita Nwanisobi, the former director of Corporate Communications, retired. In February, the CBN appointed Abdulmumin…
A senior officer of the Nigerian Army recently received more than one-quarter of a billion naira from the Central Bank of Nigeria (CBN). News Men exclusively obtained a copy of the two-page letter written to the Army authority and the…
The Central Bank of Nigeria has clarified that Bank Verification Number, BVN, has no expiry date contrary to claims making the round. The apex bank’s explanation came amid speculations that the BVN has a ten years lifespan. Debunking the claims…
The Senate on Wednesday asked the Central Bank of Nigeria, CBN, to liaise with commercial banks like the First Bank, United Bank of Africa, UBA and the Access Bank that operate branches in Oron Local Government Area of Akwa Ibom…
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…
A social critic and former lawmaker, Senator Shehu Sani, has insisted the Supreme Court ruling on the old Naira notes has not ended the suffering of Nigerians. The former lawmaker also said it would rather unleash what he described as…
The Central Bank of Nigeria (CBN) said it did not give a “kobo” to Mr Gbadebo Rhodes-Vivour, Governorship Candidate of the Labour Party in Lagos State, ahead of the March 18 Governorship Elections, as reported by a national newspaper. This…
The Central Bank of Nigeria (CBN) says total repayment of loans under the Anchor Borrowers’ Programme (ABP) stood at N503 billion, representing 52.39 per cent, The Acting Director, Corporate Communications Department, Dr. AbdulMumin Isa, made this known in a statement…
Financial and economic experts have lauded the Friday’s judgment of the Supreme Court invalidating the naira redesign policy of the Central Bank of Nigeria (CBN). News in Ibadan reports that the apex court had invalidated the naira redesign policy, ordering…
Economic experts have asked President Muhammadu Buhari to direct the Governor of the Central Bank of Nigeria, Godwin Emefiele, to obey the Supreme Court’s judgement on the validity of the old naira notes. In an interview with News Men on Friday, a…
