CBN
CBN plans 21.4% inflation rate in 2024- Cardoso
January 24, 2024
The Governor, Central Bank of Nigeria (CBN), Mr Olayemi Cardoso says the bank’s target in 2024 is bring inflation rate down to 21.4 per cent. In his address at the launch of the Nigerian Economic...
Information minister urges private sector to promote CNG
January 3, 2024
Minister of Information and National Orientation, Mohammed Idris has said that the private sector has a leading role in actualizing the Federal Government initiative on Compressed Natural Gas in the country. Idris stated this in...
CBN Rings Alarm Bells for Banks and POS Operators: No Room for Cash Stash
December 22, 2023
The Central Bank of Nigeria has cautioned Banks and POS operators against illegal actions affecting the circulation of naira. The CBN warned parties involved to immediately desist from such acts or face the law, saying...
Over N3 trillion in circulation- CBN assures Nigerians
December 14, 2023
The Central Bank of Nigeria (CBN) says over N3 trillion is currently in circulation, assuring Nigerians of adequate cash to meet their needs. The Bank’s Acting Director of Corporate Communications, Mrs. Hakama Sidi Ali, has revealed...
CBN to freeze bank accounts without BVN, NIN
December 1, 2023
The Central Bank of Nigeria (CBN) has announced the implementation of a “Post No Debit” restriction on all bank accounts lacking a Bank Verification Number (BVN) and National Identification Number (NIN), effective April 2024. This...
CBN Says Old, new Naira notes remain legal
November 8, 2023
The Central Bank of Nigeria (CBN) says all Naira notes issued by it remain legal tender. CBN’s Director, Corporate Communications Department, Isa AbdulMumim, made this clarification in a statement on Wednesday. AbdulMumim’s clarification was against...
CBN
CBN plans 21.4% inflation rate in 2024- Cardoso
January 24, 2024
The Governor, Central Bank of Nigeria (CBN), Mr Olayemi Cardoso says the bank’s target in 2024 is bring inflation rate down to 21.4 per cent. In his address at the launch of the Nigerian Economic...
Information minister urges private sector to promote CNG
January 3, 2024
Minister of Information and National Orientation, Mohammed Idris has said that the private sector has a leading role in actualizing the Federal Government initiative on Compressed Natural Gas in the country. Idris stated this in...
CBN Rings Alarm Bells for Banks and POS Operators: No Room for Cash Stash
December 22, 2023
The Central Bank of Nigeria has cautioned Banks and POS operators against illegal actions affecting the circulation of naira. The CBN warned parties involved to immediately desist from such acts or face the law, saying...
Over N3 trillion in circulation- CBN assures Nigerians
December 14, 2023
The Central Bank of Nigeria (CBN) says over N3 trillion is currently in circulation, assuring Nigerians of adequate cash to meet their needs. The Bank’s Acting Director of Corporate Communications, Mrs. Hakama Sidi Ali, has revealed...
CBN to freeze bank accounts without BVN, NIN
December 1, 2023
The Central Bank of Nigeria (CBN) has announced the implementation of a “Post No Debit” restriction on all bank accounts lacking a Bank Verification Number (BVN) and National Identification Number (NIN), effective April 2024. This...
CBN Says Old, new Naira notes remain legal
November 8, 2023
The Central Bank of Nigeria (CBN) says all Naira notes issued by it remain legal tender. CBN’s Director, Corporate Communications Department, Isa AbdulMumim, made this clarification in a statement on Wednesday. AbdulMumim’s clarification was against...
