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...
Tag : CBN
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...
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...
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,...
CBN Assures of Sufficient Stock of Currency Notes
“The attention of the Central Bank of Nigeria (CBN) has been drawn to reports of alleged scarcity of cash at banks, automated teller machines (ATMs),...
Naira Redenomination: How Mischief Makers Tweaked an Old SMS to Mislead the Public
….CBN Says No Such Plan The Central Bank of Nigeria has denounced reports in the media which suggest that the apex bank is in the...
CBN Lifts 8-Year Restriction on 43 Items, Commits to FOREX Market Liquidity
The Central Bank of Nigeria (CBN) has lifted the restriction on 43 items which were barred from accessing foreign exchange via the official window by...
CBN, CBE Set Up ‘Nigeria-Egypt FinTech Bridge’
The Central Bank of Nigeria (CBN) and the Central Bank of Egypt (CBE) have signed a memorandum of understanding (MOU) to establish a Nigeria-Egypt FinTech...