Tag: CBN

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NGX market cap sheds N193bn 

The Nigerian stock market, on Wednesday, reversed gains from...

Fuel Hike: Ibadan residents lament fare increases

 Some residents of Ibadan have described the sudden increase...

Ajaero’s detention, illegal – NLC

The Nigeria Labour Congress (NLC) has said that detention...

New Harvard Student Candidates Presented Minutes Before Results

Find people with high expectations and a low tolerance...

CBN fines nine banks  N1.35bn  for ATM cash shortages

The Central Bank of Nigeria (CBN) has imposed hefty fines totaling N1.35 billion on nine deposit money banks (DMBs) for failing to ensure adequate...

CBN unveils new accounts for diaspora Nigerians

The Central Bank of Nigeria (CBN) has launched two new account types aimed at enhancing financial inclusion for Nigerians living abroad.  In a move that...

1000 CBN staffs not sacked, left voluntarily- Cardoso

In a recent statement, Central Bank Governor Olayemi Cardoso clarified that the 1,000 employees who departed the bank in December did so voluntarily, refuting...

CBN sets N100,000 daily POS withdrawal limit for customers

The Central Bank of Nigeria (CBN) has introduced a daily cash withdrawal limit of N100,000 per customer for Point of Sale (POS) transactions. This new...

CBN imposes N150m fine on banks found aiding naira hawkers

The Central Bank of Nigeria (CBN) has declared that banks caught facilitating the illegal distribution of mint naira notes to hawkers will face a...

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NNPCL increases petrol pump prices to N950/litre

In a move that marks further shifts in Nigeria’s...

Court blocks police, SSS from inviting, arresting Rivers CoS, Ehie

In a major legal ruling, a Rivers State High...

Tinubu’s political adviser, Hakeem Baba-Ahmed resigns

Dr. Hakeem Baba-Ahmed, former spokesman for the Northern Elders...

Rivers: We’re working on new 2025 budget – Sole Administrator Ibas

Rivers State's sole administrator, Retired Vice Admiral Ibok-Ete Ibas,...

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