Business
CBN Confirms Evacuation of Banknotes to DMBs
Concisedaily News -The Central Bank of Nigeria (CBN) has confirmed the evacuation of banknotes from its vaults to commercial banks across the country as part of a coordinated effort to ease the circulation of banknotes of various denominations. The CBN has also directed all commercial banks to open for operation…
Read More »International Women’s Day (IWD) 2023: CBN Gov, Emefiele Seeks Gender Parity
ConcisedailyNews – The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has felicitated Nigerian women and called for more engaging conversations on how women can leverage technology and innovation to bridge the digital gender gap. Mr. Emefiele, in his keynote address at the CBN IWD webinar to commemorate…
Read More »CBN breaks silence, says Old N200, N500, N1,000 notes remain legal tender
The Central Bank of Nigeria, CBN, declared on Monday that the old N200, N500 and N1000 banknotes remain legal tender alongside the redesigned banknotes till Dec. 31, 2023. It said in a statement issued by its Acting Director, Corporate Communications, Alhaji lsa AbdulMumin that the decision was reached at a…
Read More »DMO offers 2 FGN savings bonds for subscription
The Debt Management Office (DMO), on Monday offered two Federal Government of Nigeria (FGN) Savings Bonds for subscription at N1,000 per unit. According to the DMO, the first offer is a two-year FGN Savings Bond due in March 15, 2025, at interest rate of 465 per cent per annum. The…
Read More »CBN Loan Repayment Under Anchor Borrowers’ Programme Stands At 52.39%
The Central Bank of Nigeria (CBN), has disclosed that total repayments as of the end of February 2023 under the Anchor Borrowers’ Programme (ABP) stood at N0.503 trillion, representing 52.39 per cent, adding that the balance of N0.119 trillion was not due for repayment. The apex bank said it remains…
Read More »CBN Appoints Isa Abdulmumin New Spokesman
The Central Bank of Nigeria (CBN) has appointed Dr Isa Abdulmumin as the Acting Director, Corporate Communications. He takes over from Mr Osita Nwanisobi, who has retired from the apex bank. Until his appointment, Dr Abdulmumin was a Deputy Director in the Corporate Communications Department. He has been a dedicated…
Read More »CBN Sticks to Presidential Directive to Reissue only 200 Naira Old Banknotes
The Central Bank of Nigeria (CBN), has dismissed report that it has ordered commercial banks to accept 500 naira and 1,000 old naira note, says will stick to presidential directive to reissue only 200 naira old banknote. In a statement on Tuesday, sign by CBN’s Deputy Governor, Corporate Services, Edward…
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