“No Cause for Alarm”, CBN Assures Depositors
The Central Bank of Nigeria (CBN) has advised bank customers to proceed with their banking transactions without any fear whatsoever. This assurance is contained in...
Category : Banking and Finance
Cash Scarcity: CBN Warns Banks, PoS Operators Over Sharp Practices
…Provides Digital Feedback BoxTo Address Complaints The Central Bank of Nigeria (CBN says its attention has been drawn to alleged cases of collusion between some...
Over N3.4 trillion Cash Currently in Circulation Compared to N1trillion in Feb -CBN
…….Says Hoarding Responsible for Cash Scarcity, Appeals for Patience The Central Bank of Nigeria (CBN) has stated that over N3.4 trillion Cash is currently in...
PRESS RELEASE
OFFICE OF THE CHAIRMANKAYI MICROFINANCE BANK LIMITED General Notice to our esteemed Customers on NIBSS Circular on Permissible Services and Products of PSSP Operation in...
CBN Recommits to Improved Service Delivery with Approval of Reviewed Service Charter
The Governor, Mr. OlayemiCardoso, has approved the Central Bank of Nigeria’s reviewed Service Charter. The Governor reiterated the Bank’s “commitment to providing more responsive and...
Subsidy Removal:FG Highlights Improved Average Monthly Revenue of Over 1 trn
….Up from Average Monthly Revenue of N650b The Federal Government has disclosed that the Federation Account is witnessing improved revenue inflow since the removal of...
Old Naira Notes to Remain Legal Tender Indefinitely
…..as CBN Cancels December 31 Deadline Nigeria’s apex bank has announced its desire to extend the legal tender status deadline of the old design N200,...
All Banknotes Issued by the CBN Remain Legal Tender
The Central Bank of Nigeria says its attention has again been drawn to reports of a scarcity of cash across some major cities in the...
CBN Will Focus On Price Stability, Says Cardoso
…… as Sanusi, Awosika, Impact Investing Community Visit The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reiterated that under his leadership,...
Robust FinTech Critical for Deepening Financial Inclusion in Nigeria – Maida
The Executive Vice Chairman and Chief Executive officer (EVC/CEO) of the Nigeria Communications Commission (NCC), Dr. Aminu Maida, has described the Financial Technology (FinTech) industry...