Tag: CBN

APC Presidential Primary: Party Member Tells Court to Disqualify Emefiele

Naapah Bariledum, a member of the All Progressive Congress in Ward 4, Khana Local Government Area of Rivers State, has asked the High Court in Port Harcourt to disqualify Godwin…

Daily Report

FG Disowns Emefiele, Warns Against Redesigned Naira Notes

The Federal Government has disowned the Central Bank Governor, Godwin Emefiele on bank's new policy to distribute redesigned Naira notes. Emefiele had announced that the apex bank would redesign, produce…

Daily Report

Naira Abusers Will Go to Jail, Says CBN

The Central Bank of Nigeria (CBN) on Tuesday, warned that those abusing the naira will be jailed. According to the Principal Manager, Currency Operations Department, Central Bank of Nigeria (CBN),…

How Naira Redesign Reduced Kidnapping, Banditry – Emefiele

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has revealed how the 200, 500, and 1000 naira notes redesign reduced insecurity in Nigeria. Emefiele restated on Tuesday…

CBN Approves Recirculation Of Old Naira Notes

The Central Bank Of Nigeria has approved for commercial banks to recirculate old naira notes to customers at via automated teller machines (ATMs) terminals and over the counter. The development…

Daily Report

CBN Orders Banks To Close Accounts Without BVN

The Central Bank of Nigeria (CBN) has given an order to commercial banks asking them to close accounts without the Bank Verification Number (BVN). Banks and other financial institutions were…

Items Banned by CBN From Accessing Forex

The Central Bank of Nigeria (CBN) plays a vital role in regulating the country's financial system and ensuring stability in the Nigerian economy. To safeguard foreign exchange reserves and encourage…

BREAKING: Tinubu Appoints Yemi Cardoso CBN Governor

President Bola Tinubu has appointed Dr. Yemi Cardoso as Governor of the Central Bank of Nigeria, CBN. Daily Report Nigeria reports that Cardoso's appointment was contained in a statement on…

Daily Report

BREAKING: CBN Sacks Polaris Bank, Titan Bank, Keystone Bank Boards

The Central Bank of Nigeria has sacked the entire board of Polaris bank, Titan Bank, and Keystone Bank. Daily Report Nigeria reports that the decision was reached during a meeting…

Daily Report

Naira Declared Best Performing Currency Globally

The governor of the Central Bank of Nigeria (CBN), Yemi Cardoso has announced that the Naira has been declared the best-performing currency globally as of April 2024. Cardoso stated that…