#Cbn News Update

Nigeria News Now

CBN Halts Use of Foreign Currencies as Collateral for Naira Loans

Omajemite Don · April 8, 2024 · 2 min read

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...

Nigeria News Now

CBN Issues New Order to Banks, Wallets on BVN, NIN: What Does It Mean for Nigerians?

Omajemite Don · December 2, 2023

Business news today in Nigeria

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

Omajemite Don · April 8, 2023

Nigeria News Now

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

Omajemite Don · February 16, 2023

Business news today in Nigeria

BREAKING: CBN Stops Withdrawals of New Naira Notes 

Jake Clifford · January 7, 2023

Nigeria News Now

BREAKING: FG Stops Cash Withdrawals From Public Accounts

Jake Clifford · December 20, 2022

Business news today in Nigeria

BREAKING: CBN Reduces Over-The-Counter Withdrawals To N100k, N500k Per Week For Individuals And Companies

Jake Clifford · December 6, 2022