The Central Bank of Nigeria, CBN, has disclosed that accounts without a bank verification number, BVN,…
Category: Banking
Supreme Court approves indefinite use of old, new banknotes
The Supreme Court has approved that both the old and the redesigned Naira banknotes remain valid…
SERAP urges World Bank to suspend loans to States over misspending
The Socio-Economic Rights and Accountability Project, SERAP, has urged the World Bank President, Mr Ajay Banga,…
CBN to increase Capital Base of Banks
The Central Bank of Nigeria , CBN, has disclosed plans to increase the capital base of…
FCT High Court grants former CBN Governor, Godwin Emefiele bail
In a recent development, a Federal Capital Territory High Court in Abuja has granted bail to…
CBN postpones MPC meeting amidst rising inflation
The Central Bank of Nigeria ,CBN, has announced the postponement of its Monetary Policy Committee ,MPC,…
CBN extends validity of old naira notes indefinitely
The old naira notes’ validity has been indefinitely extended by the Central Bank of Nigeria, or…
CBN affirms legal tender status of old and new naira notes
The Central Bank of Nigeria ,CBN, has instructed all its branches nationwide to continue issuing various…
Court grants Emefiele bail after 151 days in detention
An Abuja High Court, sitting at Maitama, has granted bail to the detained former Governor of…