March 23, (THEWILL) - In a bid to improve cash availability, the Central Bank of Nigeria (CBN) has released N52 billion in cash to commercial banks in the country.
The apex bank also directed the banks to open all...
March 23, (THEWILL) - The Central Bank of Nigeria (CBN) has released the old Naira notes to deposit money banks, to ease the current cash crunch across the country.
The development followed the March 3 judgement of the supreme...
March 22, (THEWILL) - The leadership of the Nigeria Labour Congress (NLC), on Wednesday, directed all workers to picket all the offices of the Central Bank of Nigeria (CBN) nationwide, with effect from next week, over the current...
March 21, (THEWILL) - The Central Bank of Nigeria on Tuesday raised its benchmark lending rate to 18 per cent in an aggressive push to contain the nation’s inflationary pressure.
In January, the CBN Monetary Policy Committee (MPC) raised its...
March 14, (THEWILL) - The Central Bank of Nigeria (CBN) has scheduled a meeting of its Monetary Policy Committee for Monday, March 20 and Tuesday, March 21, 2023.
MPC is the highest policy-making committee of the CBN. Among other functions,...
March 14, (THEWILL) - The Central Bank of Nigeria (CBN) has barred agents from using Point of Sale (PoS) terminals meant for merchants to carry out cash-in and cash-out transactions.
The apex bank disclosed this in a circular, announcing the...
March 13, (THEWILL) - The Central Bank of Nigeria (CBN), on Monday night, directed deposit money banks in the country to comply with the judgement of the Supreme Court extending the validity of the old N200, N500 and...
March 13, (THEWILL) - The Presidency, on Monday, faulted insinuations that President Muhammadu Buhari directed the Attorney General of the Federation and the Central Bank of Nigeria (CBN), not to comply with the judgment of the Supreme Court, which...
March 13, (THEWILL) - The Central Bank of Nigeria (CBN) has debunked a story published in The Nation newspaper on Monday, March 13, 2023 alleging that the CBN Governor, Mr Godwin Emefiele had launched fresh plot against Bola Ahmed...
The Supreme Court ruling on Friday, March3, 2023 that all redesigned Naira notes and the old ones will remain legal tender and in circulation till December 31, 2023 climaxed the lingering titanic struggle between political power brokers and managers...
