Cash Shortage hits Commercial Banks in Nigeria
…Lagos banks ration Naira …CBN warns against panic withdrawals Nigerian banks are struggling to pay customers who want to withdraw ...
Tag: Central Bank of Nigeria (CBN)
CBN to freeze Bank Accounts without BVN, NIN from April 2024
The Central Bank of Nigeria has directed a “Post no Debit” restriction on all bank accounts without a Bank Verification ...
Old, New Naira Notes remain Legal Tender till Further Notice- Supreme Court
The Supreme Court has ruled that both the old and the new naira notes of N200, N500 and N1,000 remain ...
Court grants Emefiele N300 Million Bail
…He remains in Kuje Prison till bail conditions are fully met A High Court sitting in Abuja has granted the ...
Emefiele Arraigned over alleged N1.6bn Procurement Fraud, Remanded in Kuje Prison
...case adjourned till Nov 22 The Federal Government has arraigned the immediate past Governor of the Central Bank of Nigeria, ...
Old Naira Notes will Remain Legal Tender Indefinitely- CBN
The Central Bank of Nigeria (CBN) says the old naira notes will remain legal tender indefinitely. Recall that the CBN ...
Economic Challenges: Nigerians borrow N290bn from Banks within 3 Months
The challenging economic situation of the country has pushed more Nigerians into debt as about N290bn was borrowed from banks ...
Electricity Debt: CBN, NBET owes N150bn to N180bn – NDPHC
The Managing Director of the Niger Delta Power Holding Company (NDPHC), Chiedu Ugbo, has disclosed that the debt burden of ...
EFCC produces Emefiele in Court
The Economic and Financial Crimes Commission (EFCC) has bowed to the order of the court by producing the former Governor ...
Court orders Immediate Release of Emefiele from EFCC Custody
Justice O. Adeniji of the High Court in the Federal Capital Territory, Abuja, on Thursday, ordered the immediate and unconditional ...
