Tag: CBN
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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...
Auditor General Uncovers ₦197.72 Billion Fraud in CBN and Other MDAs
The Office of Nigeria’s Auditor-General has uncovered irregular payments totaling ₦197.72 billion related to contracts in various government agencies, including the Rural Electrification Agency...
