Browsing Tag

apex bank

Moghalu Expresses Dissatisfaction Over Crisis Created By Naira Redesign Policy

Toluwalope Jombo Mar 15, 2023 0

Former Central Bank of Nigeria’s Deputy Governor, Kingsley Moghalu, has expressed dissatisfaction over the series of crises created by the naira redesign policy of the apex bank. Moghalu noted that the terrible suffering and economic…

News

CBN Clarifies Old Naira Acceptance After Feb 10, ‘Cease To Be Legal Tender After Stipulated…

Toluwalope Jombo Feb 1, 2023 0

The Central Bank of Nigeria (CBN) has clarified the position of the apex bank chief, Godwin Emefiele, that old N200, N500 and N1,000 will be accepted after the February 10, 2023 fresh deadline. Speaking with newsmen in Abuja on…

Local

Emefiele Is At Work, Discard Any Report — CBN Reveals

Toluwalope Jombo Jan 18, 2023 0

The apex bank has revealed that Central Bank of Nigeria (CBN) Governor, Godwin Emefiele is in his office, going about his business. This CBN said this in response to online reports that heavy police presence was observed at his…

Local

ATM Policy: CBN Gov Emefiele Will Not Appear Before House Of Representatives

Toluwalope Jombo Dec 21, 2022 0

Governor of the Central Bank of Nigeria, Godwin Emefiele, will not appear before the House of Representatives on Thursday, the apex bank has said. Emefiele will be represented by the Deputy Governor, Financial System Stability, CBN,…

finance

‘They Are Used For Terrorism, Money Laundering’ – CBN Gives Reason For Banning Cryptocurrency…

Edna Wande Feb 7, 2021 0

Central Bank of Nigeria (CBN) has justified its decision to restrict banks from dealing with any cryptocurrency-related transactions, saying it fuels illicit financial flow and terrorism. CBN, in a press release dated February 7, 2021…