Central Bank of Nigeria

December 08, (THEWILL) - As commercial banks get set to receive the newly redesigned naira notes by December 15, cash deposits by customers have hit about N1 trillion, Nigeria’s Central Bank Governor, Godwin Emiefele, disclosed on Thursday. Emefiele made this...

December 08 (THEWILL) - Northern youths have urged the Central Bank of Nigeria (CBN), to ignore the resolution of the House of Representatives on the cash withdrawal limits. CBN had in a memo by the Director of Banking Supervision, Haruna...

December 08, (THEWILL) - The House of Representatives has summoned the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over the new restrictions on cash withdrawals. The lawmakers also directed that the policy be suspended. The resolution was passed...

December 08, (THEWILL) - In the past few days, Pan African Bank, Ecobank Nigeria, has recorded quite a number of complaints largely due to non-reversal of transactions which in most cases have been debited from the sender but did...

December 06, (THEWILL) - The Central Bank of Nigeria (CBN) has announced a new cash withdrawal limit. The apex bank announced the new regulation in a letter to all Deposit Money Banks (DMBs) and other Financial Institutions, including Payment Service...

December 06, (THEWILL) - President Muhammadu Buhari has asked the Senate to confirm the nomination of Edward Adamu and Mrs Aisha Ndanusa Ahmad, as Deputy Governors of the Central Bank of Nigeria (CBN). Buhari, in a letter read at plenary...

November 29, (THEWILL) - The Central Bank of Nigeria (CBN), on Tuesday, said it has no plan to introduce the N5000 note. Ahmed Umar, the Director, Currency Operations of CBN, made the clarification in Port Harcourt, Rivers state, at the...

During the week, THEWILL reported that banking guru and former managing director of defunct Diamond Bank has joined the league of bank owners by floating a bank aptly named Signature Bank. This is despite the fact that he is...

November 23, (THEWILL) - The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said residents in rural areas have no excuse for not depositing old naira notes before the phase-out deadline of January 31, 2023. Addressing journalists at...

November 22, (THEWILL) - President Muhammadu Buhari will unveil the newly designed naira notes on Wednesday, November 23, 2022, Central Bank Governor, Godwin Emefiele, said on Tuesday. Emefiele made this known during the apex bank’s Monetary Policy Committee monthly meeting...