The Central Bank of Nigeria has indicated that cash payments will naturally decrease in 2025. The apex bank made the indication in its Payments Vision 2025...
Barely a week after the National Assembly rejected President Buhari’s request to restructure the N23.7tn Ways and Means advances, the President has urged the National Assembly...
A senate ad-hoc committee has urged the Central Bank of Nigeria and NIRSAL Micro Finance Bank to let go of the recovery of credits given to...
Federal Government borrowed N6.31tn from the CBN through Ways and Means Advances in 10 months taking borrowings from N17.46tn
The Nigerian Senate has urged the Central Bank of Nigeria (CBN) to extend the withdrawal of old currency notes from circulation to June 30, 2023. Recall...
The Central Bank of Nigeria (CBN) has disclosed that at least 6,047 Bank Verification Numbers (BVNs) of bank customers have been placed under watch for fraudulent...
The Central Bank of Nigeria has increased the withdrawal limit to N500,000 and N5 million for both Individuals and Corporate Bodies respectively.
The Federal Government has suspended cash withdrawal from all public accounts with immediate effect. A statement authorised by the Director of the Nigerian Financial Intelligence Unit...
To protect Nigerians from the activities of currency counterfeiters, the Central Bank of Nigeria (CBN) on Tuesday released the security measures added to the new naira...
Following his failure to appear before the House of Representatives over the controversial withdrawal limit, Godwin Emefiele, the Central Bank Governor, has said he was not...