Central Bank of Nigeria

Shareholders of Nigeria’s quoted companies and industry experts have reacted to the recent policy by the Central Bank of Nigeria (CBN) on a new tenure limit for banks’ executive management and non-executive directors which unseat prominent industry players. The apex...

February 24, (THEWILL) - The Central Bank of Nigeria (CBN) has appointed Dr Isa Abdulmumin as the Acting Director of Corporate Communications Department of the apex bank. Abdulmumin’s appointment followed the retirement of Mr Osita Nwanisobi as the Director. Dr. Abdulmumin,...

February 24, (THEWILL) - The Central Bank of Nigeria (CBN) Friday announced measures that will affect the tenure of Executive Management and Non-Executive Directors of banks and financial institutions, saying the move would strengthen the governance practices in the...

February 21, (THEWILL) - Three northern states of Kaduna, Zamfara and Kogi, have filed a contempt proceeding against the Attorney General of the Federation (AGF), Abubakar Malami (SAN) and the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele,...

With a few days to the Presidential Poll, the Independent National Electoral Commission (INEC) is rounding up its preparations across the 36 states of the Federation and the Federal Capital Territory. Expressing its readiness to conduct the General Election as...

February 17, (THEWILL) - Former President Olusegun Obasanjo has commended President Muhammadu Buhari, over the naira redesign policy. Special Adviser to the President on Media and Publicity, Femi Adesina, disclosed the development in a statement. He said the former President...

February 16, (THEWILL) - Edo residents have hailed the intervention of the Governor Godwin Obaseki-led administration to ameliorate the hardship faced accessing the redesigned naira notes. Government officials led the staff of the Central Bank of Nigeria (CBN) to major...

February 16, (THEWILL) - The Central Bank of Nigeria (CBN) has created a portal for bank customers to deposit their old naira notes amid scarcity of new naira notes. In a notice posted on its website titled ‘Redemption of Currency’,...

February 16, (THEWILL) - The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has met with 15 heads of commercial banks to ease the ongoing cash crunch in the country. THEWILL reports that President Muhammadu Buhari, on Thursday,...

February 15, (THEWILL) - The Bayelsa State Government has urged the Central Bank of Nigeria (CBN) to make the new banknotes available to commercial banks in the State to mitigate the suffering of the people. The State Deputy Governor, Senator...