CBN Cashless Policy: traders, residents express concern
By Olubukola Aiyedogbon, Ilorin Residents of Ilorin, capital of Kwara have expressed concern over the charges on deposits by the Central Bank of Nigeria. Some of them who spoke with the News Agency of Nigeria (NAN) in Ilorin on Friday said that it is was nothing but extortion by the apex bank. Mrs. Adejumoke Olumuyiwa, […]
CBN’s economic diversification gains traction with private sector
There are indications that the Central Bank of Nigeria, CBN, championed economic diversification efforts may have gained private sector lead and already on self sustaining range as the intervention funds beneficiaries begin to repay the loans.
CBN to intensify liquidity mop up as N553.8bn hits interbank market
THE Central Bank of Nigeria, CBN, will this week intensify its liquidity mop up activities in response to inflow of N553.8 billion into the interbank money market.
Group urges CBN to extend deadline for mutilated notes return
Consumer Awareness and Financial Enlightenment Initiative (CAFEi), has urged the Central Bank of Nigeria (CBN) to extend deadline for the exchange of multilated naira notes by another four months.
Experts commend CBN’s proposed policy for loan defaulters to forfeit deposits in other banks
Financial experts say Central Bank of Nigeria’s (CBN) proposed policy that will ensure that loan defaulters forfeit their deposits in others banks is commendable.
Customers will continue to return dirtynaira notes to banks after Sept.2 — CBN
The Central Bank of Nigeria (CBN) on Saturday said that the general public would continue to return mutilated bank notes to their banks after the Sept. 2 deadline.
