CBN frustrating Ways and Means probe – Senate
THE Senate has raised the alarm that the Central Bank of Nigeria (CBN) was frustrating its efforts at unravelling how the Ways and Means loans granted to the federal government
Yuletide: CBN grants BDCs temporary access to buy $25,000 weekly
This temporary arrangement, designed to meet the increased demand for foreign exchange during the festive season, will run from December 19, 2024, to January 30, 2025.
Why CBN set N100,000 daily withdrawal limit on PoS terminals
CBN has explained the introduction of a N100,000 daily withdrawal limit on point-of-sales, PoS, terminals as part of efforts to curb fraud
Supply hawkers mint naira notes, pay N150m fine – CBN warns banks
The Central Bank of Nigeria (CBN) has issued a strong warning to banks involved in the illegal circulation of newly minted naira notes.
Old Naira notes remain valid – CBN
The Central Bank of Nigeria (CBN) has reaffirmed the validity of the old Naira notes.
Old, new naira notes remain legal tender – CBN
The Central Bank of Nigeria (CBN) says all denominations of Naira banknotes currently in circulation remain indefinitely valid as legal tender and cannot expire or be phased out.
