Adaora Umeoji Retires as Zenith Bank Deputy Managing Director
The new Central Bank of Nigeria (CBN) directive on the tenure of commercial bank directors has forced Zenith Bank Plc's ...
Thursday, January 9, 2025
Tag: CBN
CBN to raise N1.13tn treasury bills in Q2
The Central Bank of Nigeria plans to raise N1.13tn via treasury bills for the second quarter of 2023. This was ...
Banks’ assets rise to N73tn – CBN
Total assets of the banking industry grew by N14.36tn or 24.24 per cent from N59.24tn at the end of December ...
Currency in circulation drops to N1.38tn – CBN
The total amount of currency-in-circulation in the country dropped from N3.29tn as of the end of October 2022 to N1.38tn ...
CBN proposes eNaira for $800m cash transfer scheme
In an effort to drive a cashless economy, the Central Bank of Nigeria has suggested the use of eNaira for ...
Cash crisis: CBN launches USSD for eNaira on Bullnet
The Central Bank of Nigeria has launched the USSD channel of the Central Bank Digital Currency tagged the eNaira on ...
External reserves fall by $427m in one month – CBN
The country’s external reserves fell by $427.14m in one month, figures obtained from the Central Bank of Nigeria revealed on ...
CBN: IMF calls for review of 2007 Act
The International Monetary Fund has called for a review of the Central Bank of Nigeria Act 2007 to strengthen the ...
CBN lacks solution to naira crisis – NECA
The Nigeria Employers’ Consultative Association has said the Central Bank of Nigeria does not understand the naira crisis challenges, pointing ...
Cashless Transactions in Nigeria Surge 45.41% to N39.58trn
According to new data from the Nigeria Inter-Bank Settlement System (NIBSS), total cashless transactions in Nigeria increased by 45.41 percent ...
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