With rising concerns around the seeming disappearance of newly redesigned notes, the Central Bank of Nigeria has said it is supplying more quantities of the new notes to banks. This...
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CBN: Unclaimed monies in dormant accounts to be invested in T-Bills
VOICE AIR MEDIA News Update THE Central Bank of Nigeria (CBN) says it will mop up all dormant account balances and unclaimed balances in banks into a Trust Fund account which will ultimately be...
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Finally, Banks comply with CBN’s directive to work weekends
Banks in satellite towns of the Federal Capital Territory (FCT), on Saturday, opened for business as directed by the Central Bank of Nigeria (CBN). The correspondent who monitored some banks in...
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Nigeria: CBN Reacts To Alleged Plan To Suspend OPAY, PALMPAY Accounts
VOICE AIR MEDIA News Update THE Central Bank of Nigeria (CBN) has made clarification on viral reports that it has suspended accounts of some Fintech companies like OPAY and PALMPAY. The apex bank refuted...
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Nigeria’s economy maintains nine-quarter consecutive growth: CBN
The Central Bank of Nigeria (CBN) has the Nigerian economy has maintained a positive growth trajectory for nine consecutive quarters, since exiting recession in 2020. The CBN Governor, Mr Godwin Emefiele,...
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CBN Hikes Interest Rate To 18%
VOICE AIR MEDIA News Update THE Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to increase the benchmark interest rate by 50 basis points, bringing it to 18.00 per...
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CBN ‘Sorosoke’, Says Old N200, N500 & N1,000 Banknotes Remain Legal Tender Alongside New Naira Notes Till…
VOICE AIR MEDIA News Update THE Central Bank of Nigeria (CBN) says the old N200, N500 and N1,000 banknotes remain legal tender till December 31, 2023. The CBN’s Acting Director of Corporate Communications, Isa...
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Finally, CBN authorizes use of old notes
The Central Bank of Nigeria (CBN) has finally directed commercial banks to dispense old currency notes and to also receive same as deposits from customers, according to Governor Chukwuma Charles Soludo of Anambra State,...
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CBN: We Didn’t Direct Banks To Disburse Old Notes
VOICE AIR MEDIA News Update THE Central Bank of Nigeria (CBN) has said that it never issued a fresh directive to commercial banks to obey last Friday’s judgement of the Supreme Court ordering the...
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Old naira notes: ‘It’s been approved by CBN’
•banks begin dispensing old N500, N1000 Some commercial banks in Lagos have started issuing the old naira notes to customers at their various automated teller machines (ATMs) terminals and over the counter. The development...
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