CBN in a statement by its spokesman, Isa AbdulMumin, blamed some customers for panic withdrawal using the Automated Teller Machines (ATMs). AbdulMumin, assured that the apex bank was working to…
CBN
CBN Clarifies Plans to Restructure, Redenominate Naira
The Central Bank of Nigeria (CBN) has dismissed rumors suggesting any plans for the redenomination of the Naira, set to take effect from January 2024. The response from the CBN…
The Deputy Spokesman of the House of Representatives, Hon. Philip Agbese, has described the new leadership of the Central Bank of Nigeria as unprepared. Agbese lamented that Dr Yemi Cardoso…
CBN Collected N3.2tn and Printed Only N402bn, says Falana
Senior Advocate of Nigeria, Femi Falana, has disclosed that the Central Bank of Nigeria (CBN) collected approximately three point two trillion Naira from various sources but had only printed four…
Naira Depreciation: House Of Representatives Committees On Banking Regulations And National Security And Intelligence Set To Meet Central Bank of Nigeria Governor
The House of Representatives has mandated its committees on Banking Regulations and National Security and Intelligence to interface with the Governor of the Central Bank of Nigeria, CBN, Yemi Cardoso.…
Tinubu Orders Probe Of CBN, Names Special Investigator
President Bola Tinubu has appointed a special investigator Jim Osayande to probe the Central Bank of Nigeria (CBN) and Related Activities. This was contained in a letter signed by the…