FULL LIST: CBN fines 9 banks N150m each for ATM cash scarcity
The Central Bank of Nigeria (CBN) has imposed a cumulative fine of N1.35 billion on nine Deposit Money Banks for failing to provide adequate cash...
Tag : CBN
CBN Imposes ₦150 Million Fine on Banks Over Illegal Flow of Mint Naira Notes
The Central Bank of Nigeria (CBN) has announced a fine of ₦150 million on Deposit Money Banks (DMBs) found guilty of facilitating the illegal flow...
CBN To Retire 1,000, Offers N50bn Payoff
The Central Bank of Nigeria (CBN) is set to retire approximately 1,000 employees before the end of the year in a move described as a...
‘Don’t Japa’ – CBN Governor Pleads With Nigerians
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has appealed to Nigerians, particularly the youth, to resist the urge to emigrate, assuring...
Current Banknotes Remain Valid Beyond December 31st — CBN
The Central Bank of Nigeria (CBN) has confirmed that the N200, N500, and N1,000 banknotes will remain valid beyond December 31, 2024. The CBN emphasized...
Relocation Of CBN, FAAN To Lagos, Economic Initiative For Nat’l Development — Wole Olanipekun
Legal luminary, Chief Wole Olanipekun, SAN has enjoined critics of the relocation of the Central Bank of Nigeria (CBN) and Federal Airports Authority of Nigeria,...
CBN Act Amendment Bill Scales Through 2nd Reading In Senate
By Jerry Olomolaye. The Senate has passed for second reading, a bill seeking to amend the Central Bank of Nigeria (CBN) Act 2007. The approval...
CBN Postpones Bi-Monthly MPC Meeting Indefinitely
By Jerry Olomolaye The Central Bank of Nigeria (CBN), has announced the indefinite postponement of the September version of its bi-monthly Monetary Policy Committee (MPC)...