Our reporter/ The Central Bank of Nigeria (CBN) on Wednesday raised the interest rate from 18 percent to 18.5 percent. The apex bank governor, Godwin Emefiele, announced the decision after…
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Tag: #CBN
BVN issued in Nigeria has no expiry date – CBN
THE Central Bank of Nigeria (CBN) says the Bank Verification Number (BVN) issued in Nigeria remains for life and has no expiry date, as reported by a national newspaper. Its…
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Over 57m Nigerians have enrolled for BVN – CBN
The Central Bank of Nigeria (CBN) on Tuesday said over 57 million citizens have enrolled for their bank verification numbers (BVN) as at March 31, 2023. This represents a 5…
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No plan to phase out redesigned naira notes, says CBN
Our reporter/ The Central Bank of Nigeria (CBN) on Sunday said it is not contemplating the withdrawal of the recently redesigned naira notes. A report over the weekend suggested that…
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Ngige, NLC, CBN meet to avert nationwide strike
The Minister of Labour and Employment, Chris Ngige, on Monday, summoned a meeting between the Nigeria Labour Congress, NLC, and the Central Bank of Nigeria, CBN. The meeting which was…
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