BVN, NIN: Sanction banks, not customers, expert urges CBN
A Financial Expert, Mr Okechukwu Unegbu, has urged the Central Bank of Nigeria (CBN) to sanction banks that allowed customers to operate accounts […]
commercial banks
e-Naira ensures safety of money in banks – CBN
The Central Bank of Nigeria (CBN) has assured Nigerians of safety of their money in banks through operation of the e-naira. taken its e-Naria digital […]
Labour extends ultimatum to CBN to end cash crunch by 2 weeks
The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) on Tuesday extended the ultimatum issued to Central Bank of Nigeria (CBN) to make […]
Customers elated as banks open for weekend operations in Kubwa
In compliance with the Central Bank of Nigeria’s (CBN) directive, most Deposit Money Banks (DMB) branches in Kubwa opened for operations on Saturday. Checks by […]
Banks comply with CBN’s directive to work weekends, customers throng premises
Banks in satellite towns of the Federal Capital Territory (FCT), on Saturday opened for business as directed by the Central Bank of Nigeria (CBN). The […]
Naira scarcity: Ondo govt meets CBN, deposit banks representatives
To stem the hardship faced by residents arising from cash scarcity, the Ondo State Government on Monday held a meeting with representatives of the Central […]
Stop issuing old naira notes if you can’t accept it – Adeleke warns banks
By OLA MUDOPE, Osogbo – Osun State Governor, Ademola Adeleke has warned commercial banks in the state to stop issuing old naira notes to customers, […]
CBN directs commercial banks to receive, dispense old naira notes
The Central Bank of Nigeria (CBN) has ordered commercial banks across Nigeria to start receiving old N200, N500 and N1000 notes. This was disclosed by […]
Banks issue old naira notes in FCT, customers reject notes
Commercial banks in the Federal Capital Territory (FCT), have started issuing the old Naira notes to customers. The News Agency of Nigeria (NAN) checks at […]
No access to Naira notes in spite of apex court order
Nigerians are yet to access the new and old Naira notes days after the Supreme Court order reverting the Central Bank of Nigeria (CBN) directive […]
Police, DSS Director meet CBN, commercial bank managers over Naira shortage
The Police and DSS on Thursday held an emergency meeting with the Branch Controller CBN and all Commercial Bank Managers in Kebbi over shortage of […]
New naira notes: CBN, EFCC meet commercial banks, warn against malpractice
The Central Bank of Nigeria (CBN), in collaboration with the Economic Financial Crime Commission (EFCC), has met with officials of commercial banks in Gombe as […]
Naira redesign: Customers urge CBN to sanction banks not paying N20,000 over the counter
Some bank Customers in Sango-Ota have appealed to the Central Bank of Nigeria (CBN) to sanction Money Deposit Banks that are not paying the maximum […]
New naira notes: Rush as long queues of customers flood banks
Long queues of bank customers have thronged Automated Teller Machines (ATMs) of banks at the Federal Capital Territory (FCT) to collect the new naira notes. […]
CBN denies scarcity of new naira notes
The Central Bank of Nigeria (CBN) has denied scarcity of the new naira notes as alleged by some Nigerians. The CBN Governor, Godwin Emefiele, represented […]
CBN to sanction banks hoarding new naira notes
The Central Bank of Nigeria (CBN) on Thursday vowed to sanction any commercial bank found hoarding the new naira notes because it had produced enough […]
CBN urges banks to collect redesigned notes or face sanction
The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, has called on commercial banks to approach the apex bank branches across the country to […]
Redesigned Naira: CBN to monitor compliance by commercial banks
The Central Bank of Nigeria (CBN) will monitoring commercial banks to ensure that they comply with the directive of loading the redesigned Naira notes in […]
Reps committee uncovers N300bn unclaimed funds in banks
The House of Representatives ad hoc committee on unclaimed funds in commercial banks in Nigeria, has uncovered over N300 billion unclaimed funds in the banks. […]
Traders send SOS to CBN over multiple charges/deductions by commercial banks
The South East Amalgamated Markets Traders Association (SEAMATA), has sent a “Save Our Souls (SOS)” signal to the Central Bank of Nigeria (CBN) over multiple […]