Tag: CBN

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Cardoso Clarifies Voluntary Exit of 1,000 CBN Staff Members

The Governor Central Bank of Nigeria, Olayemi Cardoso, has clarified that the 1,000 staff members disengaged in December 2024 voluntarily chose to leave, stating...

Presidency Plans N8.6bn Overhaul of Air Fleet Engines in 2025 Budget

The Nigerian Presidency has proposed a significant budget allocation of N8.6b for the overhaul of the presidential air fleet engines in its 2025 budget....

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,...

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Viral Video: Imo Police Begin Investigation into Alleged Cult-Affiliated Officers

The Imo State Police Command has launched an investigation...

Bandits Kill Two Policemen in Kaduna, Police Launch Investigation

The Kaduna State Police Command has confirmed the killing...

North-East Now More Secure — Army Declares

The Theatre Commander, Joint Task Force, North-East Operation Hadin...

Wike: I’m With Tinubu Till 2031, Not Running for President in 2027

The Minister of the Federal Capital Territory, Nyesom Wike,...

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