Our reporter/ The Central Bank of Nigeria (CBN) on Friday said it will freeze accounts without a Bank Verification Number (BVN) or National Identification Number (NIN) from April 2024. This…
Read More CBN to freeze bank accounts without BVN, NIN starting April 2024
Our reporter/ The Central Bank of Nigeria (CBN) on Friday revealed plans to increase the capital base of banks in the country. CBN governor, Olayemi Cardoso who made the disclosure…
Read More CBN to increase capital base of Banks to meet $1 trillion economy
Our reporter/ The Central Bank of Nigeria (CBN) on Tuesday said the old N200, N500, and N1,000 notes are to remain legal tender indefinitely. The apex bank in a statement…
Read More Old Naira notes remain legal tender indefinitely – CBN
The Central Bank of Nigeria (CBN) has again assured Nigerians of sufficient naira notes in the country, and warned against panic withdrawals. The apex bank, in a statement on Wednesday,…
Read More CBN warns against panic withdrawals, says old notes remains legal tender
The Central Bank of Nigeria on Tuesday denied claims that it plans to redenominate the country’s currency, Naira, with effect from January 2023. The clarification comes following a claim suggesting…
Read More No plans to redenominate Naira, says CBN
