DSS Denies Arrest of CBN Former Deputy Gov, Aisha Ahmad
The Department of State Services (DSS), on Thursday, denied reports that it arrested Aisha Ahmad, a former Deputy Governor of the Central Bank of Nigeria (CBN) over alleged fraud. Ahmad…
CBN Directs Banks to Halt Deposit Charges
The Central Bank of Nigeria (CBN) has issued a directive to all banks, instructing them to halt charges on cash deposits until September 30, 2024. CBN's decision was communicated through…
Survey Shows 74% Expect CBN Rate Cut in July
A recent survey conducted by the Statistics Department of the Central Bank of Nigeria (CBN) has revealed that 74.2% of respondents believed the apex bank should have reduced the…
Senate Revokes CBN’s Authority to Appoint NDIC CEO
The Nigerian Senate has officially removed the Central Bank of Nigeria's (CBN) authority to appoint the Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC) through an amendment to…
Cbn Halts Approval For Extension Of Export Proceeds Repatriation
The Central Bank of Nigeria (CBN) has halted approval for the extension of export proceeds repatriation. Exporters must now repatriate proceeds within 180 days for oil and gas exports and…
Court Gives CBN Permission to Freeze Accounts of 19 #EndSARS Protesters
A federal high court in Abuja has granted the request of the Central Bank of Nigeria to freeze the accounts of 19 individuals and a public affairs company linked to…
Company Drags CBN To Court Over ‘eNaira’ Usage
A company known as ENAIRA PAYMENT SOLUTIONS LIMITED has sent a cease and desist notification to the Central Bank of Nigeria (CBN) with regards to the name “eNaira.” This is…
Naira Notes Will Be Out Of Circulation Soon – CBN Official
The Central Bank of Nigeria CBN has stated that paper currency will soon be out of circulation, urging market men and women to sign into the e-Naira. This was made…
Redesigned Naira Notes: Why I Approved CBN Policy – Buhari
President Muhammadu Buhari has stated he approved for the Central Bank of Nigeria (CBN) to redesign new naira notes. According to Buhari, he approved the policy over his conviction that…
BREAKING: DSS Raids CBN, Takes Over Emefiele’s Office
Operatives of the Department of State Services, on Monday raided the headquarters of the Central Bank of Nigeria in Abuja. The DSS operatives reportedly took over the office of the…