CBN Archives - Page 8 of 20 - Voice Air Media

1 Minute

Business

Currency in circulation hits N2.26tn— CBN

Akanji Philip July 31, 2023 0 Comment

Currency outside banks rose to N2.26tn at the end of June 2023, according to the latest figures from the Central Bank of Nigeria. According to figures obtained the CBN, the currency outside banks...

7 Minutes

National

To Tinubu’s special investigator: Uncover CBN, NNPCL mess, economists—Groups

Akanji Philip July 31, 2023 0 Comment

Economists and civil society organisations have backed the appointment of a special investigator to probe the Central Bank of Nigeria, Nigerian National Petroleum Corporation Limited and other Government Business Entities by President Bola Tinubu....

1 Minute

National

Tinubu Orders Probe Of CBN, Others, Appoints Special Investigator

VAM News July 30, 2023 0 Comment

VAM News Update President Bola Tinubu has appointed Jim Osayande Obazee as Special Investigator to probe the Central Bank of Nigeria (CBN) and Related Entities. Obazee was the Chief Executive Officer, Financial Reporting Council...

2 Minutes

Business

CBN: Gradual phasing out of old naira notes continues

Akanji Philip July 26, 2023 0 Comment

The Central Bank of Nigeria has reaffirmed its commitment to gradually phase out the old N200, N500, and N1,000 naira notes while issuing new currencies. This announcement was made by the acting governor...

2 Minutes

Business

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

VAM News July 26, 2023 0 Comment

VAM News Update THE Central Bank of Nigeria (CBN) says plans to gradually phase out the old N200, N500, and N1,000 naira notes are ongoing, as new notes are still being issued. Folashodun Shonubi,...

National -1 Minute

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

Akanji Philip July 26, 2023 0 Comment

The Central Bank of Nigeria has directed banks to vacate a post-no-debit restriction placed on the bank accounts of 440 individuals and companies. A post-no-debit means that all debit transactions, including ATMs and...

Business -3 Minutes

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

Akanji Philip July 26, 2023 0 Comment

The acting Governor, Central Bank of Nigeria, Folashodun Shonubi, has said the bank will address the demand pressure on the country’s exchange rate, as the naira continued to slide against the dollar. He...

1 Minute

National

CBN hikes interest rate to 18.75%

Bright Olorungbotemi July 25, 2023 0 Comment

VAM News Update THE policy-setting committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which measures interest rate, from 18.5 percent to 18.75 percent. Last week, Nigeria’s inflation...

2 Minutes

National

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

VAM News June 18, 2023 0 Comment

VOICE AIR MEDIA News Update THE Central Bank of Nigeria (CBN) has said cash deposits into domiciliary accounts will no longer be restricted. The apex bank said this in guidance to Deposit Money Banks...