Tag: CBN
Browse our exclusive articles!
CBN Reports $14.46bn Net Forex Inflow for Q3 2024 Despite Quarterly Decline
The Central Bank of Nigeria (CBN) has reported a decline in net foreign exchange inflows to Nigeria, with the figure dropping by 2.97% in...
CBN Exposes VIP Favoritism in Cash Distribution
Recent inspections by the Central Bank of Nigeria (CBN) have revealed that Deposit Money Banks (DMBs) are prioritizing their VIP clients when distributing cash,...
Old and New Naira Notes Stay Legal Tender Indefinitely – CBN
The Central Bank of Nigeria (CBN) has reaffirmed that the old and redesigned N1,000, N500, and N200 naira notes will remain legal tender indefinitely,...
1,000 Employees Set to Receive ₦50b Payout from CBN
The Central Bank of Nigeria (CBN) is set to retire approximately 1,000 of its employees by the end of this year, according to sources...
CBN Warns Financial Institutions on Cash scarcity Issues
The Central Bank of Nigeria (CBN) has warned financial institutions that it will impose fines on those responsible for the ongoing cash shortages at...
