The Central Bank of Nigeria is set to transfer some of its departments to Lagos State. This was stated in an Internal memo made available on Saturday. The move, according to an official of...
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CBN sacks boards of Union, Titan Trust, Keystone, Polaris banks
The Central Bank of Nigeria, CBN, has sacked the Union Bank, Titan Trust, Keystone Bank and Polaris Bank boards on Wednesday. All four banks are involved in the special investigations into how the CBN...
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4 Minutes
BREAKING: CBN bars crypto bank account operators from cash withdrawal
Cash withdrawals will not be possible from accounts opened for virtual and digital assets transactions, the Central of Nigeria has disclosed. Withdrawals from these accounts will only be possible by transfer or through...
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2 Minutes
Jubilation As CBN Lifts Ban On Crypto Transactions
VOICE AIR MEDIA, News Update THE Central Bank of Nigeria, CBN, has changed its position on crypto assets in the country and asked banks to ignore its earlier ban on crypto transactions. This is...
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1 Minute
CBN Suspends Charges On Cash Deposits Above N500k Amidst Naira Scarcity
VOICE AIR MEDIA News Update THE Central Bank of Nigeria (CBN) has suspended the processing fees on cash deposits above N500,000 until April 2024. The apex bank made the announcement in a circular signed...
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1 Minute
JUST IN: CBN postpones MPC meeting again
The Central Bank of Nigeria has again postponed the meeting of its monetary policy committee despite the surge in inflation. This is according to a report by Bloomberg on Monday, which quoted the...
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1 Minute
Nigeria extends use of old N200, N500, N1000 notes
VOICE AIR MEDIA News Update THE Central Bank of Nigeria, CBN, has said that the old naira banknotes will remain a legal tender. VOICE AIR MEDIA reports that the CBN had introduced the redesign...
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2 Minutes
CBN issues fresh directives on denominations of old and new naira notes
VAM News update THE Central Bank of Nigeria (CBN) has reiterated that all denominations of banknotes it has issued remain legal tender, and should not be rejected by anyone, as stipulated in Section 20(5)...
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1 Minute
CBN: No plans to redenominate Naira
VAM News update THE Central Bank of Nigeria (CBN) has refuted claims of planning to redenominate the country’s currency, the Naira, with effect from January 2024. This clarification was provided in a statement released...
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1 Minute
Nigerians Without NIN, BVN Out Of FG’s Cash Transfer Disbursement
VAM News Update THE Central Bank of Nigeria (CBN) has announced that Nigerians who do not possess a National Identification Number (NIN) or a Bank Verification Number (BVN) will not be eligible for the...
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