Cbn News In Nigeria

Nigeria News Now

CBN to Sack 1,000 Staff, Create Room for Cronies, Offers N50bn Payoff

December 2, 2024 Jake Clifford

1000 staff will be sacked to Create Room for Cronies. In the absence of any last-minute adjustments, the Central Bank of Nigeria (CBN) is expected to dismiss approximately 1,000 of…

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Nigeria News Now

CBN Halts Use of Foreign Currencies as Collateral for Naira Loans

April 8, 2024 Omajemite Don

The Central Bank of Nigeria (CBN) has issued a directive instructing banks to cease accepting foreign currency as collateral for loans denominated in naira. This directive, communicated via a circular…

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Business news today in Nigeria

CBN to Close Millions of Bank Accounts in Zenith, First Bank, Access, UBA, and Others

April 8, 2023 Omajemite Don

CBN to Close Millions of Bank Accounts.  Info: There are over 24 commercial banks operating in Nigeria today, including First Bank, Eco Bank  Access, UBA, Zenith, and other financial institutions…

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Banking Job Vacancies in Nigeria, Nigeria News Now

Godwin Emefiele Gives New Directive To 15 Bank Executives Over Old Naira Notes

February 16, 2023 Omajemite Don

Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN), has met with 15 bank executives and instructed them to make the old 200 naira notes available beginning Thursday…

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Nigeria News Now

Bank officials indicted as DSS arrests syndicates selling new naira notes

January 30, 2023 Omajemite Don

New Naira Syndicates have been arrested. The Department of State Services (DSS) has apprehended members of syndicates involved in the sale of redesigned naira notes. Monday, January 30, 2023, Peter…

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Business news today in Nigeria

BREAKING: CBN shuns Senate, refuses to extend deadline for old naira notes

January 24, 2023 Jake Clifford

CBN has refused to extend deadline for old naira notes   The Central Bank of Nigeria (CBN) has foreclosed the possibility of extending or shifting the deadline on the deposit…

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Business news today in Nigeria

BREAKING: CBN Stops Withdrawals of New Naira Notes 

January 7, 2023 Jake Clifford

  CBN has banned the withdrawals of new naira notes again.   The Central Bank of Nigeria has ordered Deposit Money Banks not to pay customers making over-the-counter withdrawals of…

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