CBN reviews tenure limit for bank MDs, others
The CBN said that the executives can only serve a cumulative tenure of 20 years across the banking industry.
The CBN said that the executives can only serve a cumulative tenure of 20 years across the banking industry.
NESG urged the CBN to reconsider prolonging the usage of the old notes side-by-side with the new notes.
The bank said it is only reissuing the old N200 as approved by the president.
The official was appointed on 15 June 2022.
The CBN urged “media practitioners” to verify any information “from the correct sources before publication."
The new directive is expected to increase the circulation of the N200 note and simplify business transactions
Customers are required to provide their bank verification number, email address, phone number, bank account details, depositor information (including house...
Millions of Nigerians continue to grapple with hardship amid the cash crunch.
The disruption affected calls and data services
"There is, therefore, no need to consider any shift from the deadline of February 10," he said.
"The country runs the risk of a CBN-induced recession," the NGF said.
The governors also called "for the halting of CBN’s plan to end the use of the old currency notes."
"We wish to state categorically that at no time did the CBN Governor disclose this during his presentation to the...
The partnership is aimed at addressing child rights violations and poverty in Nigeria
Senate President Ahmad Lawan and House Speaker Femi Gbajabiamila met with the president shortly after the end of Friday's National...
The situation got worse for many Nigerians on Thursday as banks, ATMs were shut down in many parts of the...
"The assertion of a ‘discovery’, as presented in the narrative, is inaccurate and misleading," the bank said.
The CPPE believes that this order will bring back stability to economic activities, particularly in the informal sector and rural...
Mr Fagge, an assistant commissioner of police, will fill the vacancy created by the redeployment of Jibrin Gane from the...
The governors made their positions known in a statement signed by the Sokoto State Governor and Chairperson of the NGF,...
An official said the Works and Housing Ministry will get N110 billion while the FCTA will get N20 billion in...
"The outlook revision reflects our view that Nigeria's debt servicing capacity has weakened due to high fiscal deficits and increased...
As the scarcity of the new Naira notes stifle economic activities, PoS operators raised charges on transactions by 400 per...
The company said the matter is still in court
The governors expressed concerns about the impact of the chaos at banks and ATM points on Nigerians.
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