CBN
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CBN Set To Retire 1,000 Employees With N50bn Severance Package
The Central Bank of Nigeria (CBN) is reported to be preparing to retire approximately 1,000 employees as part of a…
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CBN To Unveil Redesigned Website Monday
The Central Bank of Nigeria (CBN) is set to unveil its newly redesigned website on Monday. In a statement on…
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CBN Increases Interest Rate To 27.5%
The Central Bank of Nigeria, CBN, has hiked its benchmark interest rate, the Monetary Policy Rate (MPR), to 27.50 percent…
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Old Naira Notes Remain Valid Indefinitely — CBN
The Central Bank of Nigeria (CBN) has clarified that the old series of N200, N500, and N1,000 banknotes will remain…
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CBN Reiterates Commitment to Protecting Depositors’ Funds
The Central Bank of Nigeria , CBN, has reaffirmed its strong commitment to maintaining the stability and trustworthiness of the…
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CBN Gov Says Higher Interest Rate Necessary To Check Inflation
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has defended the bank’s decision to raise the…
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CBN Sells $20,000 To Bureau De Change Operators
In a bid to address the ongoing foreign exchange crisis, the Central Bank of Nigeria, CBN has sold $20,000 in…
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JUST IN: CBN Raises Interest Rate To 27.25 Per Cent
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has voted to increase the monetary policy rate, which…
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JUST IN: CBN Directs Payment Service Providers To Begin PoS Transaction Tracking
The Central Bank of Nigeria (CBN) has directed all Payment Service Providers to route all transactions from PoS terminals at…
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Bauchi Police Arrest 62-year-old Man For Transforming Papers To Fake Naira Notes
The operatives of Bauchi State Police Command have arrested a 62-year-old man, Tahir Ahmed, for the production of fake naira…
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