CBN Archives - Page 10 of 21 - Voice Air Media

1 Minute

Business

CBN jerks up key interest rate

VAM News May 25, 2023 0 Comment

VOICE AIR MEDIA News Update THE Central Bank of Nigeria (CBN) policy-setting committee has raised the monetary policy rate (MPR), which measures interest rate, from 18 percent to 18.5 percent. Recall that the MPC...

2 Minutes

Business

BREAKING: CBN supplies more new notes to banks

Akanji Philip May 1, 2023 0 Comment

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...

3 Minutes

Business

CBN: Unclaimed monies in dormant accounts to be invested in T-Bills

VAM News April 14, 2023 0 Comment

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...

2 Minutes

Extra

Finally, Banks comply with CBN’s directive to work weekends

Akanji Philip March 25, 2023 0 Comment

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...

1 Minute

Business Technology

Nigeria: CBN Reacts To Alleged Plan To Suspend OPAY, PALMPAY Accounts

VAM News March 25, 2023 0 Comment

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...

2 Minutes

National

Nigeria’s economy maintains nine-quarter consecutive growth: CBN

Akanji Philip March 22, 2023 0 Comment

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,...

1 Minute

Business

CBN Hikes Interest Rate To 18%

VAM News March 21, 2023 0 Comment

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...

1 Minute

Business

CBN ‘Sorosoke’, Says Old N200, N500 & N1,000 Banknotes Remain Legal Tender Alongside New Naira Notes Till…

VAM News March 13, 2023 0 Comment

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...

2 Minutes

Extra

Finally, CBN authorizes use of old notes

Akanji Philip March 13, 2023 0 Comment

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,...

0 Minutes

Business

CBN: We Didn’t Direct Banks To Disburse Old Notes

VAM News March 8, 2023 0 Comment

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...