Tag: banks, CBN
Dollar Debt:Banks may get repayment next week , Naira May Rebound-CBN
The Acting Governor of the Central Bank of Nigeria,CBN, Folashodun Shonubi, has said the apex bank will repay banks all outstanding forward contract debts...
$1billion currency counterfeiting:CBN,Banks sets up investigation
The Central Bank of Nigeria (CBN) has launched an inquiry into an alleged $1 billion currency counterfeit deal, involving a Nigerian and other nationals....
We will name & shame commercial banks engaged in illegal sales of dollars – CBN
The Acting Governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi, announced on Thursday that the Nigerian Naira is significantly undervalued,...
Police arrest two for hacking into over 1,000 bank accounts in Lagos
Two men who specialise in hacking into bank customers’ accounts have been arrested by the zone 2 command of the Nigeria Police Force (NPF), which consists of...
All payment to Abia must be made via banks Otti
For proper accountability and reporting, the Governor of Abia State, His Excellency Dr. Alex Otti, by this notice suspends payments from all unauthorised...
EFCC wants ex-Jonathan’s ADC’s cash in seven bank accounts forfeited to FG
The Economic and Financial Crimes Commission (EFCC) has sought a permanent forfeiture to the Federal Government of large sums of cash linked to Mr Moses...
N3.4 bn debt: Court blocks Oyo govt accounts in four banks
A High Court of the Federal Capital Territory (FCT) in Abuja has blocked the Oyo State government accounts in four banks over ₦3,374,889,425.60, debt Justice A....
CBN directs evacuation of notes to banks
… To open branches Saturday, Sunday …Emefiele to monitor compliance personally The Central Bank of Nigeria (CBN) has confirmed the evacuation of banknotes...
More Naira notes as banks get old notes deposited with CBN today
Reliable sources in the CBN said banks have been instructed to collect the old Naira notes they deposited in CBN and that before the end of the week, the country...
Old notes: Lagos residents comply with CBN directives as banks struggle to get cash
Lagos State Residents on Tuesday began to accept the old N200, N500 and N1,000 banknotes for transactions, following a validation from the Central Bank of Nigeria...
