Tag: the Central Bank of Nigeria

The troops of Theatre Command, North East, ‘Operation Hadin Kai’ have successfully eliminated a top commander of the Jamā’at Ahl as-Sunnah lid-Da’wah wa’l-Jihād, otherwise known as Boko Haram, Tahir Baga. This followed the continuation of major offensive...
The Edo State Police Command has on Tuesday confirmed the abduction of workers of Dangote Cement Factory, Okpella in Etsako East Local Government Area of the state on Monday. SKY BLAST TV reports that the Commissioner of...

eNaira: CBN responds to claim of Nigeria’s digital currency causing financial threat

The Central Bank of Nigeria, CBN, has rubbished claims that its eNaira is a threat to financial stability in the country. The apex bank was...

Business We didn’t devalue Naira – CBN

The Central Bank of Nigeria, CBN, has dismissed reports that it devalued the Naira. Reports had earlier emerged that CBN devalued Naira from N631 to...

CBN revokes licenses of 132 MFBs, 4 PMBs, others

For failing to meet minimum performance standards, the Central Bank of Nigeria, on Tuesday, revoked the operating licenses of 132 microfinance banks, four primary...

CBN supplies more new notes to banks

With rising concerns around the seeming disappearance of newly redesigned notes, the Central Bank of Nigeria has said it is supplying more quantities of...

CBN issues guidelines for banks, OFIs on license conversion

The Central Bank of Nigeria, CBN, has rolled out Regulatory Guidelines to guide banks and Other Financial Institutions (OFIs) interested in the conversion or...

BREAKING: CBN Confirms evacuation of banknotes to DMBs

The Central Bank of Nigeria, CBN has confirmed the evacuation of banknotes from its vaults to commercial banks across the country as part of...

Naira crisis: CBN releases old notes to commercial banks

The Central Bank of Nigeria, CBN, is set to release all N1,000, N500 and N200 notes in its custody to Deposit Money Banks. A source...

CBN clears air on acceptance of old Naira notes

The Central Bank of Nigeria has cleared the air on directing commercial banks to dispense and accept the deposit of old Naira notes amid...

Naira redesign: Uncertainty as Supreme Court nullifies policy

On Friday, the Supreme Court invalidated the naira redesign policy initiated by the Central Bank of Nigeria, CBN, backed by President Muhammadu Buhari. Skyblasttv reports...

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