Tag: CBN, domiciliary account
CBN lifts restrictions on access to domiciliary accounts
The Central Bank of Nigeria (CBN) on Sunday said owners of domiciliary accounts can now use their funds without any restrictions. The apex bank said customers...
CBN in the last decade
By Uche Nworah Kelvin Gilbert’s article in ‘The Leadership’ newspaper of Saturday, 3rd of June, 2023, titled, ‘Looking At CBN In The Last Decade’...
Naira devaluation’s fake news, says CBN
The Central Bank of Nigeria (CBN) has debunked a report by a national daily that it has devalued the naira to N631 per dollar at the Importers and...
CBN revokes license of 142 microfinance banks
The Central Bank of Nigeria,CBN, has revoked the operating licenses of 132 microfinance banks in the country, alongside those of four primary mortgage banks and...
Dangote refinery to generate 12,000 megawatts of electricity
The Central Bank of Nigeria (CBN) has said that the newly inaugurated Dangote Petroleum Refinery and Petrochemicals will help Nigeria generate more power for its...
BVN for Life – CBN
CBN THE Central Bank of Nigeria (CBN) says the Bank Verification Number (BVN) issued in Nigeria remains for life and has no expiry date, as reported by a national...
CBN to Nigerians:Embrace alternative payment channels
The Central Bank of Nigeria (CBN) has urged Nigerians to embrace alternative payment channels such as eNaira, USSD and other internet banking facilities in line...
NLC gives CBN fresh two weeks ultimatum to end Naira scarcity
The Nigeria Labour Congress (NLC) has threatened to carry out nationwide protest in two weeks if the Central Bank of Nigeria (CBN) fails to find permanent...
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...
