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  • NAIJA NEWS: Mint Note: CBN Imposes 150 Millions Fine on Banks [New Naija News] » Naijacrawl NAIJA NEWS: Mint Note: CBN Imposes 150 Millions Fine on Banks [New Naija News] » Naijacrawl
    6 days ago 11

    Mint Note: CBN Imposes 150 Millions Fine on Banks

    The Central Bank of Nigeria (CBN) has taken a firm stance against the illegal flow of freshly minted naira notes to currency hawkers and other unscrupulous agen...
  • NAIJA NEWS: If You Have Old Naira Notes Read This Immediately As CBN Makes Powerful Announcement [New Naija News] » Naijacrawl NAIJA NEWS: If You Have Old Naira Notes Read This Immediately As CBN Makes Powerful Announcement [New Naija News] » Naijacrawl
    1 week ago 18

    If You Have Old Naira Notes Read This Immediately As CBN Makes Powerful Announcement

    The Central Bank of Nigeria (CBN) has confirmed that the old N1000, N500, and N200 banknotes will remain valid alongside the newly introduced currency notes. Th...
  • NAIJA NEWS: CBN Revokes Popular Bank Licence [New Naija News] » Naijacrawl NAIJA NEWS: CBN Revokes Popular Bank Licence [New Naija News] » Naijacrawl
    6 months ago 112

    CBN Revokes Popular Bank Licence

    In a significant move aimed at maintaining the stability of the financial system, the Central Bank of Nigeria (CBN) has revoked the operating licence of Heritag...
  • NAIJA NEWS: Federal High Court Authorizes Contempt Proceedings Against CBN Officials Over Unpaid Judgment Debt [New Naija News] » Naijacrawl NAIJA NEWS: Federal High Court Authorizes Contempt Proceedings Against CBN Officials Over Unpaid Judgment Debt [New Naija News] » Naijacrawl
    7 months ago 65

    Federal High Court Authorizes Contempt Proceedings Against CBN Officials Over Unpaid Judgment Debt

    The Federal High Court in Abuja has taken a significant step by authorizing contempt proceedings against two top officials of the Central Bank of Nigeria (CBN)...
  • NAIJA NEWS: CBN Decreases LDR for Banks [New Naija News] » Naijacrawl NAIJA NEWS: CBN Decreases LDR for Banks [New Naija News] » Naijacrawl
    8 months ago 61

    CBN Decreases LDR for Banks

    In a recent circular titled ‘Re: Regulatory Measures to Improve Lending to the Sector of the Nigerian Economy’, the Central Bank of Nigeria (CBN) shed light on...
  • NAIJA NEWS: Naira Strengthens on Anticipation of More Dollar Sales by CBN [New Naija News] » Naijacrawl NAIJA NEWS: Naira Strengthens on Anticipation of More Dollar Sales by CBN [New Naija News] » Naijacrawl
    8 months ago 89

    Naira Strengthens on Anticipation of More Dollar Sales by CBN

    The Nigerian Naira gained strength against the US Dollar on Monday, with the parallel market rate dropping from N1,130 to N1,000 by midday. This surge is attrib...
  • NAIJA NEWS: Former CBN Governor Allegedly Instructed Dispatch Rider to Collect $3m Cash, Witness Testifies [New Naija News] » Naijacrawl NAIJA NEWS: Former CBN Governor Allegedly Instructed Dispatch Rider to Collect $3m Cash, Witness Testifies [New Naija News] » Naijacrawl
    8 months ago 79

    Former CBN Governor Allegedly Instructed Dispatch Rider to Collect $3m Cash, Witness Testifies

    Yesterday in a riveting court session at the Special Offences Court in Lagos, Monday Osazuwa, a dispatch rider, recounted how he received instructions from the...
  • NAIJA NEWS: CBN stops Foreign Currency-Denominated Collaterals for Naira Loans [New Naija News] » Naijacrawl NAIJA NEWS: CBN stops Foreign Currency-Denominated Collaterals for Naira Loans [New Naija News] » Naijacrawl
    8 months ago 70

    CBN stops Foreign Currency-Denominated Collaterals for Naira Loans

    The Central Bank of Nigeria (CBN) has issued a directive prohibiting Nigerian banks from using Foreign Currency-denominated collaterals for Naira loans.This dir...
  • NAIJA NEWS: CBN Urges Nigerian Banks to Bolster Capital Base [New Naija News] » Naijacrawl NAIJA NEWS: CBN Urges Nigerian Banks to Bolster Capital Base [New Naija News] » Naijacrawl
    8 months ago 68

    CBN Urges Nigerian Banks to Bolster Capital Base

    The Central Bank of Nigeria (CBN) has issued a directive to deposit money banks within the country, urging them to swiftly elevate their capital base beyond the...
  • NAIJA NEWS: CBN raises Interest Rate to 24.75% [New Naija News] » Naijacrawl NAIJA NEWS: CBN raises Interest Rate to 24.75% [New Naija News] » Naijacrawl
    8 months ago 86

    CBN raises Interest Rate to 24.75%

    The Central Bank of Nigeria has increased the interest rate to 24.75% from 22.75% in a bid to address the growing inflation. This decision was announced by the...
  • NAIJA NEWS: Naira Revaluation: You can't share dividend from FX gain - CBN Tells Bank [New Naija News] » Naijacrawl NAIJA NEWS: Naira Revaluation: You can't share dividend from FX gain - CBN Tells Bank [New Naija News] » Naijacrawl
    9 months ago 66

    Naira Revaluation: You can't share dividend from FX gain - CBN Tells Bank

    The Central Bank of Nigeria has reiterated that banks operating in the country cannot use their foreign exchange revaluation gains to pay dividends or meet thei...
  • NAIJA NEWS: FG Amends Charges Against Ex-CBN Governor Godwin Emefiele for the Third Time [New Naija News] » Naijacrawl NAIJA NEWS: FG Amends Charges Against Ex-CBN Governor Godwin Emefiele for the Third Time [New Naija News] » Naijacrawl
    11 months ago 59

    FG Amends Charges Against Ex-CBN Governor Godwin Emefiele for the Third Time

    The Federal Government has made a significant update to the criminal charges filed against the former Governor of the Central Bank of Nigeria, Godwin Emefiele,...
  • NAIJA NEWS: Ooni of Ife Refutes Rumors: No Visit to Kuje Jail for Former CBN Governor [New Naija News] » Naijacrawl NAIJA NEWS: Ooni of Ife Refutes Rumors: No Visit to Kuje Jail for Former CBN Governor [New Naija News] » Naijacrawl
    1 year ago 112

    Ooni of Ife Refutes Rumors: No Visit to Kuje Jail for Former CBN Governor

    The Ooni of Ife, Oba Adeyeye Ogunwusi, has strongly denied claims suggesting that he paid a visit to the embattled former Governor of the Central Bank of Nigeri...
  • NAIJA NEWS: Breaking: Ex-CBN Governor Remanded - What You Need to Know [New Naija News] » Naijacrawl NAIJA NEWS: Breaking: Ex-CBN Governor Remanded - What You Need to Know [New Naija News] » Naijacrawl
    1 year ago 99

    Breaking: Ex-CBN Governor Remanded - What You Need to Know

    In a recent legal development, the High Court of the Federal Capital Territory (FCT) in Maitama, Abuja, has made a significant ruling in the case involving the...
  • NAIJA NEWS: Old & New Notes Remain Legal Tender - CBN [New Naija News] » Naijacrawl NAIJA NEWS: Old & New Notes Remain Legal Tender - CBN [New Naija News] » Naijacrawl
    1 year ago 104

    Old & New Notes Remain Legal Tender - CBN

    The Central Bank of Nigeria has instructed all its branches nationwide to continue issuing various denominations of both old and redesigned banknotes in ample q...

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