CBN to sell N2.2trn Treasury Bills in Q4’24
By Elizabeth Adegbesan The Central Bank of Nigeria, CBN, said it would sell Treasury Bills, TBs, worth N2.2 trillion in the fourth quarter of 2024 (Q3’24). This represents a 41 percent quarter -on-quarter (QoQ) decline when compared with N1.56 trillion sold in Q3 ’24. CBN disclosed this today in its Nigeria Treasury Bills Issue programme […]
CBN warns banks against rejecting dirty/mutilated Naira notes
The Central Bank of Nigeria (CBN) has warned Deposit Money Bank (DMBs) against rejecting dirty and mutilated Naira banknotes from depositors.
Cardoso rallies W/A sub-region against money laundry
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso has rallied monetary authorities in the West African Sub-region against money laundry.
CBN: Strengthening banks and the financial system
By ARIZE NWOBU THE banks recapitalisation policy scheduled for March 2026, by the Central Bank of Nigeria, CBN, is a proactive and commendable policy which aims at enhancing the solidity of banks in driving the economy for greater impact in a globalised world with fast systemic interactions. Research has shown that banking crisis occur on […]
NESG welcomes CBN’s move to end price verification system for FX transactions
“The increase in industrial output will have a positive spillover effect on other sectors, further stimulating economic activity.”
SERAP gives CBN 7 days to ‘account for missing N100bn dirty notes, other public funds’
Socio-Economic Rights and Accountability Project (SERAP) has urged Mr. Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN),…
