President Bola Tinubu revealed that the cash shortage resulting from the naira redesign policy nearly compelled him to withdraw from the 2023 presidential election.
Tag: CBN
The Supreme Court has prohibited the Central Bank of Nigeria (CBN), the Accountant General of the Federation, and other relevant agencies from disbursing funds to the Rivers State government until it rectifies what the court has characterized as blatant disregard for court orders.
The Central Bank of Nigeria (CBN) has stated that its newly introduced policy, which imposes fees on cash withdrawals from Automated Teller Machines (ATMs) of banks other than the customer’s own, is advantageous for both banks and their clients.
The Central Bank of Nigeria (CBN) says it will begin implementation of its reviewed transaction fees for automated teller machines (ATMs) from March 1.
All orders restraining the Central Bank of Nigeria (CBN) and the Accountant General of the Federation from releasing funds to the Rivers State Government has been set aside by the Appeal Court Appeal Court in Abuja.
Due to the persistent cash shortage at automated teller machines (ATMs), the Central Bank of Nigeria (CBN) has threatened to fine negligent banks.
A former Governor of the Central Bank of Nigeria, Godwin Emefiele has lost properties and
A Federal High Court in Abuja has barred the Central Bank of Nigeria from further disbursing monthly allocation from the federation account to the Rivers State government, citing alleged constitutional violations by Governor Sim Fubara.
The Central Bank of Nigeria (CBN) says it has no plans to end the circulation of the old naira notes in December as wrongly and falsely spread on social media.
Some sacked Directors of the Central Bank of Nigeria (CBN) have dragged the apex bank to an Abuja Division of the National Industrial Court of Nigeria (NICN) with a request for an interlocutory injunction to restrain the bank from replacing them.