November 17, (THEWILL) - The Central Bank of Nigeria (CBN) has directed banks to prioritise cash disbursement through automated teller machines (ATMs).
CBN gave the directive in a circular to banks on Friday titled ‘Mystery shopping & spot checks on...
November 14, (THEWILL) - Dr Kingsley Obiora, a prosecution witness at the ongoing trial of former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has told the Federal Capital Territory High Court in Abuja that the apex bank's Committee...
October 30, (THEWILL) – The Federal High Court Abuja has stopped the Central Bank of Nigeria (CBN), from further releasing monthly financial allocations to the Rivers State Government.
Justice Joyce Abdulmalik, in a ruling on Wednesday, declared the presentation...
October 28, (THEWILL) – IFC, a member of the World Bank Group, and the Central Bank of Nigeria (CBN) have signed an agreement to increase local currency financing to enable private businesses in Nigeria to grow and thrive.
The partnership...
October 25, (THEWILL) - The Central Bank of Nigeria (CBN) has dismissed insinuation that the old series of the N200, N500 and N1,000 banknotes would cease to be legal tender after December 31, 2024, saying there is no deadline...
October 25, (THEWILL) - In a strategic move to harness the economic potential of Nigeria’s diaspora, the Central Bank of Nigeria (CBN) has led a combined team of the Nigeria Inter-Bank Settlement System (NIBSS), major Nigerian banking institutions, and...
October 24, (THEWILL) - The House of Representatives has urged the Central Bank of Nigeria (CBN) to ensure the complete withdrawal of old N200, N500, and N1,000 notes before the January 1, 2025, deadline.
The charge follows a motion raised...
October 21, (THEWILL) - Central Bank governor, Olayemi Cardoso, has reiterated the commitment of the apex bank to developing the next generation of leaders in the financial and social sciences sectors.
Giving the commitment during a strategic engagement...
October 08, (THEWILL) – The Central Bank of Nigeria (CBN) has reaffirmed its unwavering commitment to ensuring the stability and reliability of the Nigerian financial system.
Consequently, the apex bank assured the banking public that all deposits in Nigerian banks...
October 06, (THEWILL) – The Central Bank Governor, Olayemi Cardoso, has said the decision of the apex bank to implement the Electronic Foreign Exchange Matching System (EFEMS), is rooted in the understanding that trust is essential to central banking.
THEWILL...
