CBN

Tinubu Orders Probe Of CBN, Others, Appoints Special Investigator

VAM News Update President Bola Tinubu has appointed Jim Osayande Obazee as Special Investigator to probe the Central Bank of…

3 years ago

CBN: Gradual phasing out of old naira notes continues

The Central Bank of Nigeria has reaffirmed its commitment to gradually phase out the old N200, N500, and N1,000 naira…

3 years ago

CBN speaks on old naira, new notes as means of financial transaction in Nigeria

VAM News Update THE Central Bank of Nigeria (CBN) says plans to gradually phase out the old N200, N500, and…

3 years ago

BREAKING: CBN lifts ban on Bamboo, Nairabet, AbokiFX, 437 accounts

The Central Bank of Nigeria has directed banks to vacate a post-no-debit restriction placed on the bank accounts of 440…

3 years ago

BREAKING: CBN vows to tackle forex pressure, raises lending rate

The acting Governor, Central Bank of Nigeria, Folashodun Shonubi, has said the bank will address the demand pressure on the…

3 years ago

CBN hikes interest rate to 18.75%

VAM News Update THE policy-setting committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR),…

3 years ago

CBN Orders Banks To Obtain Customers’ Social Media Handles, Home Details

VOICE AIR MEDIA News Update THE Central Bank of Nigeria has mandated Financial Institutions to obtain the social media handle,…

3 years ago

CBN Lifts Restriction On Cash Deposit, Certain Withdrawals On Domiciliary Accounts

VOICE AIR MEDIA News Update THE Central Bank of Nigeria (CBN) has said cash deposits into domiciliary accounts will no…

3 years ago

Naira weakens to 702/$, CBN fresh FX supply likely— Report

The naira traded at 702.19/dollar at the close of business on Thursday, as the Central Bank of Nigeria has allowed…

3 years ago

Private sector, economists back CBN over currency floating

The Central Bank of Nigeria has directed Deposit Money Banks to remove the rate cap on the naira at the…

3 years ago