The CBN has allowed next-of-kin, legal representatives, or beneficial owners to claim unclaimed balances in dormant accounts The CBN clarified this in a report released over the weekend. It stated that …
Read More »Central Bank Of Nigeria’s Historic Role In Sports Sponsorship And the Urgency Of Continuing Corporate Social Responsibility Initiatives
The Central Bank of Nigeria (CBN) has stood as one of the most enduring pillars of governance since its establishment in March 1958. Beyond its fiscal responsibilities, the CBN …
Read More »Tinubu Appoints Cardoso As New CBN Gov
President Bola Tinubu has approved the nomination of Dr. Olayemi Michael Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN). According to a press …
Read More »45th CBN Tennis Open Ekpenyong Emerge Winners
The 45th CBN Senior National Open Tennis Championship men and women’s singles event come to end on Saturday as David Ekpenyong and MaryLove Edwards Emerged Winners in Abuja. Tournament …
Read More »Buhari Directs CBN To Return Old N200 Notes To Circulation
President Muhammadu Buhari has ordered the Central Bank of Nigeria (CBN) to return the old N200 notes into circulation. The President who gave the order in a broadcast on …
Read More »CBN Granted 10-Day Extension Old Naira Notes Deadline
The CBN stated this in a release on Sunday. The apex bank said it added a 10-day extension of the deadline from January 31, 2023, to February 10, 2023, to …
Read More »Naira Redesign Will Curb Kidnapping—-CBN
Also the Mai Banganje, Tanimu Saleh, said the policy is encouraging but required human face in its implementation. “Some are not collecting old notes, but as far as I’m …
Read More »Central African Republic: French Monopolist Continues To Finance Atrocities In Africa
By Our Reporter Some French societies have found a new hobby, namely to be the accomplices of armed groups that persecute the people of the Central African Republic. One …
Read More »CBN Reduces Cash Withdrawals To N20k per Day At POS, N100k Per Week From Banks
The Central Bank of Nigeria (CBN) has limited weekly cash withdrawals over the counter to N100,000 for individuals and N500,000 for organisations regardless of their size. This is according to …
Read More »Why Is Naira Gaining At The Black Market?
The Nigerian Naira gained massively against the US dollar at the black market after hitting a record low of over N900/$1 in the previous week. Within five days, the …
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