The Association of Senior Staff of Banks, Insurance, and Financial Institutions has attributed the worsening cash shortage across the country to the Central Bank of Nigeria’s inability to meet the…
The Central Bank of Nigeria, CBN, has described as fake a circular that it authorised the sales of foreign exchange to Bureau De Change operators in the country. The circular…
The Central Bank of Nigeria, CBN, has said that Nigeria remains in a financial and economic crisis. CBN Governor Yemi Cardoso made this statement at the 14th Annual Bankers’ Committee…
....Says Participation is Entirely Voluntary The Central Bank of Nigeria, (CBN) has reacted to media reports that it planned to disengage about 1,000 staff. DECENCY GLOBAL NEWS reports that the Apex Bank…
Deposit Money Banks in the Federal Capital Territory have increased their maximum over-the-counter withdrawal limit to N50,000 per day, findings by DECENCY GLOBAL NEWS have shown. A survey conducted by…
The Central Bank of Nigeria is reported to be preparing to retire approximately 1,000 employees as part of a strategic workforce realignment. A severance package worth over N50 billion was…
Sequel to the Friday advice by Central Bank of Nigeria (CBN) Governor Olayemi Cardoso to bank customers to report any difficulties in withdrawing cash from bank branches or ATMs to…
The Central Bank of Nigeria (CBN) on Friday advised bank customers to report any difficulties withdrawing cash from bank branches or ATMs to the apex bank from December 1. CBN…
The House of Representatives on Wednesday resolved to invite the Governor of the Central Bank of Nigeria, Olayemi Cardoso, and the Chief Executive Officers of commercial banks to appear before…
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) by 25 basis points to 27.50 percent from 27.25 percent, citing…