CBN

CBN To Hold 298th MPC Meeting November 25

November 24, (THEWILL) - The Central Bank of Nigeria says it will hold its 298th Monetary Policy Committee meeting on Monday, November 25 and Tuesday, November 26, 2024 The apex bank disclosed this in a statement, titled "Notice of...

CBN Warns Public On Fake SWIFT Messages, Vows to Prosecute Claimants

November 19, (THEWILL) - The Central Bank of Nigeria has issued a strong warning to the public about fraudulent individuals and organisations circulating fake SWIFT messages that falsely claim foreign currencies are being held by Nigerian banks or the...

CBN Alerts Nigerians Of Fraudulent Contractors

November 19, (THEWILL) - The Central Bank of Nigeria (CBN) has alerted Nigerians to activities of fraudsters falsely claiming to possess award letters for contracts related to construction projects and special financial interventions, purportedly issued by the apex...

Cash Crunch: CBN Directs Banks to Load ATMs

November 17, (THEWILL) - The Central Bank of Nigeria (CBN) has directed banks to prioritise cash disbursement through automated teller machines (ATMs). CBN gave the directive in a circular to banks on Friday titled ‘Mystery shopping & spot checks on...

CBN Committee Of Governors, Board Ratified Presidential Approval For Naira Redesign – EFCC Witness Tells Court

November 14, (THEWILL) - Dr Kingsley Obiora, a prosecution witness at the ongoing trial of former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has told the Federal Capital Territory High Court in Abuja that the apex bank's Committee...

BREAKING: Court Stops CBN From Releasing Allocation To Rivers Govt

October 30, (THEWILL) – The Federal High Court Abuja has stopped the Central Bank of Nigeria (CBN), from further releasing monthly financial allocations to the Rivers State Government. Justice Joyce Abdulmalik, in a ruling on Wednesday, declared the presentation...

IFC, CBN Partner To Boost Local Currency Financing In Nigeria

October 28, (THEWILL) – IFC, a member of the World Bank Group, and the Central Bank of Nigeria (CBN) have signed an agreement to increase local currency financing to enable private businesses in Nigeria to grow and thrive. The partnership...

No Deadline On Circulation Of Old N200, N500, N1,000 Naira Notes – CBN

October 25, (THEWILL) - The Central Bank of Nigeria (CBN) has dismissed insinuation that the old series of the N200, N500 and N1,000 banknotes would cease to be legal tender after December 31, 2024, saying there is no deadline...

CBN Strengthens Diaspora Ties To Boost Nigeria’s Economic Growth

October 25, (THEWILL) - In a strategic move to harness the economic potential of Nigeria’s diaspora, the Central Bank of Nigeria (CBN) has led a combined team of the Nigeria Inter-Bank Settlement System (NIBSS), major Nigerian banking institutions, and...

Issue More New Naira Notes, Withdraw Old Ones Before Deadline – Reps Tell CBN

October 24, (THEWILL) - The House of Representatives has urged the Central Bank of Nigeria (CBN) to ensure the complete withdrawal of old N200, N500, and N1,000 notes before the January 1, 2025, deadline. The charge follows a motion raised...
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OPINION: Beyond The Economist Condescension: Nigeria’s Re-Engineering Under Tinubu is Unstoppable

To evaluate President Bola Tinubu's stewardship fairly, one must first confront the catastrophic baseline from which this administration began exercising its mandate.
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