Tag Archives: CBN

The Central Bank of Nigeria has directed all commercial banks to start paying the new naira notes to customers over-the-counter in the banking halls. The development was confirmed in a statement on Thursday by the bank’s Director of Corporate Communications, Osita Nwanisobi. The apex bank assured Nigerians that the queues …

Godwin Emefiele Figures obtained from the Central Bank of Nigeria on money market indicators, on Monday, have revealed that the maximum lending rate in the banking sector has hit 29.13 per cent while savings deposit rates was 4.13 per cent as of the end of December 2022. Prime lending rate …

Some tennis players, who took part at the just-concluded 2022 CBN Senior National Open Tennis Championships, are yet to be paid their monies and stranded in Abuja The CBN tourney, the most glamorous tennis tourney in Nigeria, had a total of 64 male and 32 female players competing at the …

The House of Representatives has summoned the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari; and the Governor of the Central Bank of Nigeria, Godwin Emefiele, over non-remittance of $19.25bn (approximately N3.24tn) revenue that accrued from sales of crude oil in 2014. Chairman of the House Committee …

The Central Bank of Nigeria (CBN) has dissociated itself from fraudulent messages and videos on social media requesting loan seekers and small business owners to apply for loans purportedly facilitated by the bank. In a statement of disclaimer signed by Acting Director, Corporate Communications, CBN, Osita Nwanisobi, Titled, “Beware of …

Emefiele The senate has begun the process of confirmation of Mr. Godwin Emefiele as governor of central bank of Nigeria (CBN) for second term in office. This followed the listing of the request of President Muhammadu Buhari for the confirmation of Mr. Emefiele as governor of CBN on the order …