CBN

March 28, (THEWILL) – The Central Bank of Nigeria (CBN) has debunked rumours that it plans to suspend the accounts of fintech firms. The apex bank described the story trending in the social media as fake news. The CBN offered...

March 28, (THEWILL) – The Nigerian Meteorological Agency (NiMet) and the Central Bank of Nigeria (CBN), have signed a Memorandum of Understanding (MoU) on improving food security in the country through precise weather forecast. NiMet`s Director-General, Prof. Mansur Matazu,...

The Central Bank of Nigeria (CBN) disbursed a total of N12.65 billion to three agricultural projects under the Anchor Borrowers’ Programme (ABP) between January and February 2023. This disclosure was made by the governor, CBN, Mr Godwin Emefiele, during the...

March 23, (THEWILL) - In a bid to improve cash availability, the Central Bank of Nigeria (CBN) has released N52 billion in cash to commercial banks in the country. The apex bank also directed the banks to open all...

March 23, (THEWILL) - The Central Bank of Nigeria (CBN) has released the old Naira notes to deposit money banks, to ease the current cash crunch across the country. The development followed the March 3 judgement of the supreme...

March 22, (THEWILL) - The leadership of the Nigeria Labour Congress (NLC), on Wednesday, directed all workers to picket all the offices of the Central Bank of Nigeria (CBN) nationwide, with effect from next week, over the current...

March 21, (THEWILL) - The Central Bank of Nigeria on Tuesday raised its benchmark lending rate to 18 per cent in an aggressive push to contain the nation’s inflationary pressure. In January, the CBN Monetary Policy Committee (MPC) raised its...

March 14, (THEWILL) - The Central Bank of Nigeria (CBN) has scheduled a meeting of its Monetary Policy Committee for Monday, March 20 and Tuesday, March 21, 2023. MPC is the highest policy-making committee of the CBN. Among other functions,...

March 14, (THEWILL) - The Central Bank of Nigeria (CBN) has barred agents from using Point of Sale (PoS) terminals meant for merchants to carry out cash-in and cash-out transactions. The apex bank disclosed this in a circular, announcing the...

March 13, (THEWILL) - The Central Bank of Nigeria (CBN), on Monday night, directed deposit money banks in the country to comply with the judgement of the Supreme Court extending the validity of the old N200, N500 and...