CBN

Business and Economy

Naira deadline: Zulum orders emergency microfinance banks in Borno LGAs

BORNO State Governor Babagana Zulum has directed the immediate expansion of the state-owned Borno Renaissance Microfinance Bank to the...
Marcus FATUNMOLE -
Business and Economy

Businesses exposed to higher risks as CBN raises interest rate to 17.5%

THE private sector and bank debtors may have further been exposed to higher risks of manufacturing costs and loan...
Harrison EDEH -
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Banking and Finance

Banks are not collecting new notes, CBN says as deadline nears

THE Central Bank of Nigeria (CBN) has revealed that commercial banks are refusing to collect the new naira notes. The...
Faith ABEKA -
Banking and Finance

Redesigned Currency: CBN to monitor, enforce circulation by commercial banks

Three weeks to the expiration in legal tender of the N200, N500 and N1000 old currencies, the Central Bank...
Harrison EDEH -
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News

Naira Redesign: Why new notes stain white surfaces – NSPM

THE Nigerian Security Printing and Minting Plc (NSPM) has addressed concerns raised by the public about the quality of...
Sinafi OMANGA -
Business and Economy

CBN explains sale of Polaris Bank to SCIL

THE Central Bank of Nigeria (CBN) has given its position over approval for the sale pf Polatid Bank to...
Harrison EDEH -
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