Central Bank of Nigeria Archives - Voice Air Media

3 Minutes

Business

BREAKING: CBN suspends export proceeds repatriation extension

Akanji Philip January 10, 2025 0 Comment

The Central Bank of Nigeria has suspended approvals for the extension of export proceeds repatriation on behalf of exporters, effective immediately. This directive, issued via a circular dated January 8, 2025, applies to...

3 Minutes

National

CBN Unveils Forex Scandals, Promises Swift Sanctions Amid Economic Challenges

Akanji Philip January 18, 2024 0 Comment

The Central Bank of Nigeria has uncovered infractions, gross abuses, and non-compliance with foreign exchange market regulations. Consequently, the apex bank vowed it would punish those responsible for these abuses in collaboration with...

2 Minutes

Business

Your Money is Safe in Banks— CBN Affirms Rock-Solid Guarantee to Nigerians

Akanji Philip December 27, 2023 0 Comment

The Central Bank of Nigeria has affirmed the safety of funds in Nigerian banks, emphasising the stability of the country’s banking sector. The apex bank therefore advised the public to continue with their...

2 Minutes

Business

BREAKING: CBN staff loans jump by 113%, hit N40bn

Akanji Philip August 14, 2023 0 Comment

The Central Bank of Nigeria has said that it issued N40.67bn loans to members of its staff as of December 2022. This was according to the apex bank’s audited financial statement for 2022....

1 Minute

National

CBN: Naira Is Our National Identity, Stop Spraying It

Akanji Philip August 4, 2023 0 Comment

The Central Bank of Nigeria (CBN) has warned members of the public not to spray, hawk, mutilate or counterfeit Naira currency. The apex bank assured members of the public that the organisation will...

3 Minutes

Business

Central Bank Devalues Naira Amidst Removal Of Fuel Subsidy

VAM News June 1, 2023 0 Comment

VOICE AIR MEDIA News Update THE Central Bank of Nigeria (CBN) has devalued the Naira to N631 to the dollar from N461.6 it sold at the Importers and Exporters (I&E) window the previous day,...

1 Minute

National

Banknotes: Central Bank of Nigeria direct banks to do extra work-days

VAM News March 24, 2023 0 Comment

VOICE AIR MEDIA News Update THE Central Bank of Nigeria (CBN) has confirmed the evacuation of banknotes from its vaults to commercial banks across the country as part of a coordinated effort to ease...

1 Minute

Business

Naira Notes: Central Bank Reveals Punishment For POS Agents Charging Abnormal Money

VAM News February 14, 2023 0 Comment

VOICE AIR MEDIA News Update THE Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that Point of Sale agents who charge above N200 for the CBN cash swap programme will be...

2 Minutes

Business

Why Central Bank Extended Old Naira Notes Use

VAM News January 29, 2023 0 Comment

President Muhammadu Buhari has approved a 10-day extension for Nigerians to swap their old N1,000, N500 and N200 notes for the new ones. Central Bank of Nigeria (CBN) governor, Mr Godwin Emefiele spoke with...

4 Minutes

National

Central Bank: New Naira Notes Will Curb Kidnapping

VAM News January 28, 2023 0 Comment

VOICE AIR MEDIA News Update The Central Bank of Nigeria claims that the newly designed notes will address the issue of insecurity, particularly kidnapping in the North-West region of Nigeria. In an interview with...