President Muhammadu Buhari and Speaker of the House of Representatives, Femi Gbajabiamila, on Tuesday, met to discuss the rising cases of violent attacks at political rallies and the newly introduced cash withdrawal limit policy by the Central Bank of Nigeria (CBN).
Tag: cbn
BREAKING: CBN Slashes Daily Withdrawal Limit To N20,000
Ahead of the release of the newly redesigned Naira notes, the Central Bank of Nigeria (CBN) has made good its warning that it will greatly restrict the use of cash in the Nigerian economy going forward as it placed a N20,000 daily withdrawal limit on individual accounts and N50,000 limit on over the counter third party cheques.
BREAKING: Buhari Unveils Redesigned Naira Notes
President Muhammadu Buhari, on Wednesday morning, formally unveiled three redesigned bank notes - N200, N500 and N1,000 - at the State House in Abuja.
Relief as CBN Releases $265m To Foreign Airlines
The Central Bank of Nigeria on Friday, released $265m to airlines operating in the country, to settle outstanding ticket sales to check a brewing crisis in the country’s aviation sector.
NCC to partner CBN against e-fraud as threat to digital finance
The Nigerian Communications Commission (NCC), says it will partner the Central Bank of Nigeria (CBN) to rout e-fraud which it identified as the greatest threat to digital finance. NCC’s Director…
CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday
Barring any last-minute change in plans, the disbursement of the first tranche of the Central Bank of Nigeria N50bn targeted credit facility would begin on Thursday. The fund, which is…