CBN

January 19, (THEWILL) - Ahead of the January 31 deadline by the Central Bank of Nigeria (CBN) to phase out old naira notes, the apex bank has threatened to sanction banks that continue to fill their Automated Teller Machines...

January 18, (THEWILL) - There is currently a limit to the amount of cash that individuals and corporate bodies can withdraw from their bank accounts across the counter in Nigeria. But there is no limit to the absurdities that can...

January 17, (THEWILL) - The National Orientation Agency (NOA) has commenced sensitisation of Heads of Federal Establishments in Akwa Ibom, on security features on the redesigned naira notes by the Central Bank of Nigeria (CBN). The CBN on Dec....

January 16, (THEWILL) - Central Bank Governor, Godwin Emefiele, has returned to Nigeria from his annual leave vacation abroad. The apex bank in a statement issued by its  Director, Corporate Communications, Osita Nwanisobi, said Emiefiele resumed his duty as Governor...

January 10, (THEWILL) - The cash withdrawal limit imposed by the Central Bank of Nigeria (CBN) kicked off across the country yesterday, Monday, January 9, 2022, with Lagos residents expressing mixed reactions. The apex bank had notified the public of...

January 10, (THEWILL) – A coalition of Civil Society Organisations (CSOs) has recanted on its call for a visa ban and arrest of Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN). The groups had earlier demanded that...

January 07, (THEWILL) - The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs), to stop issuance of the new Naira notes to customers making over-the-counter withdrawals. According to Saturday Punch, the directive was contained in a...

January 06, (THEWILL) - Amid reports of alleged fraud in stamp duty collections, the Central Bank of Nigeria (CBN) has engaged four audit firms to conduct a forensic review of the collections from 2015 to date Stamp duty is the...

January 05, (THEWILL) – The Debt Management Office (DMO) has estimated that public debt stock could rise to N77 trillion at the end of President Muhammadu Buhari’s administration. Director-General, Debt Management Office (DMO), Patience Oniha, confirmed the figures on Wednesday,...

January 04, (THEWILL) - The Central Bank of Nigeria (CBN) has said the sale of Polaris Bank as well as the Federal Government's interest in the bank, followed due process and was executed under relevant laws. Reacting to claims in...