Tag: Central Bank of Nigeria
Amid scarcity of new Naira notes, POS operators recount survival battles
On October 26, 2022, the Central Bank of Nigeria (CBN) announced the introduction of newly designed N200, N500,…
IMF supports CBN’s decision on cryptocurrency
The decision of the Central Bank of Nigeria directing banks to desist from carrying out transactions with entities…
Northern states are financially marginalized, Arewa Consultative Forum tells CBN governor
The Arewa Consultative Forum (ACF) has forwarded a letter to the governor of the Central Bank of Nigeria,…
Our country’s DNA for irony is uncanny – Ezekwesili slams CBN over Crypto Ban
Oby Ezekwesili, former Minister of Education has slammed the Central Bank of Nigeria for placing a ban on…
CRYPTO: CBN directs banks to shutdown all accounts
Deposit Money Banks (DMBs), Other Financial Institutions (OFIs) and Non-Bank Financial Institutions (NBFIs) local financial institutions have been…
President Buhari bars CBN from giving money to food importers, says Nigerians must eat what we produce
President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) not to provide foreign exchange for the importation…
Nigerians drag presidential aspirant, Moghalu for publicising distribution of biscuits to children
Former presidential candidate of the Young Progessives Party (YPP), Kingsley Moghalu has been dragged on Twitter for uploading…
UK dissociates itself from British lawmaker’s claim of Gowon looting half of Central Bank of Nigeria
Following British lawmaker, Tom Tugendhat's claim against former Nigerian Head of State, Yakubu Gowon that he looted half…
CBN Gov Emefiele risks two years jail term over N182 billion debt
Godwin Emefiele, the Central Bank of Nigeria risks a two-year jail term for refusing to pay N182 billion…
NBS report: Electronic payment transactions increased by N56trn in Q3
The National Bureau of Statistics (NBS) has disclosed that the total value of transactions through electronic payment channels…
CBN approves new license regime for payment systems
A new license categorisation for payment systems across Nigeria has been approved by the Central Bank of Nigeria…
Nigeria must end dependence on crude oil, says CBN Governor, Emefiele
Governor of the Central Bank of Nigeria, Godwin Emefiele has stated that the country must end its dependence…