January 07, (THEWILL) - The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs), to stop issuance of the new Naira notes to customers making over-the-counter withdrawals.
According to Saturday Punch, the directive was contained in a...
January 06, (THEWILL) - Amid reports of alleged fraud in stamp duty collections, the Central Bank of Nigeria (CBN) has engaged four audit firms to conduct a forensic review of the collections from 2015 to date
Stamp duty is the...
January 05, (THEWILL) – The Debt Management Office (DMO) has estimated that public debt stock could rise to N77 trillion at the end of President Muhammadu Buhari’s administration.
Director-General, Debt Management Office (DMO), Patience Oniha, confirmed the figures on Wednesday,...
January 04, (THEWILL) - The Central Bank of Nigeria (CBN) has said the sale of Polaris Bank as well as the Federal Government's interest in the bank, followed due process and was executed under relevant laws.
Reacting to claims in...
December 29, (THEWILL) - The Senate on Wednesday, stepped down the request of President Muhammadu Buhari to restructure the payment of N22. 7 trillion “Ways and Means”, secured from the Central Bank of Nigeria (CBN) by the Federal Government.
“Ways and...
Godwin Ifeanyichukwu Emefiele has battled many controversies since his appointment as Governor of the Central Bank of Nigeria (CBN) in 2014 just like his predecessor, Sanusi Lamido Sanusi did during his own tenure. No doubt with the power and...
December 22, (THEWILL) – The Central Bank of Nigeria (CBN) has said the redesigned naira notes along with the cash withdrawal limit will help tackle kidnapping, money laundering, fight inflation and reduce the cost of minting new notes as...
December 21, (THEWILL) – The Central Bank of Nigeria (CBN) has announced an adjustment to its policy limiting cash withdrawal by individuals and organisations.
The apex bank in a circular to all Deposit Money Banks (DMBS) and Other Financial Institutions...
December 20, (THEWILL) - The Atiku/Okowa Presidential Campaign Organisation has alleged that the attempt to get court authorisation to arrest the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, was orchestrated by those it regards as bullion van...
December 19, (THEWILL) - Towards ensuring a credible election in 2023, Nigeria's anti-graft and security agencies have unveiled plans to stamp out vote buying and other vices that may threaten the credibility of the polls.
This was made known on...
