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Tag Archives: CBN

CBN Directs Banks To Accept Voters’ Card For Identification.

Posted ago by Patience

Central Bank of Nigeria, CBN, Thursday directed banks to accept the voters’ card issued by Independent National Electoral Commission, INEC, as means of identification. The directive was given via a circular titled “Inclusion of Independent National Electoral Commission, INEC, voter’s …

Nigerian Senate Halts CBN’s Proposed N5, 000 New Bill.

Posted ago by Patience

The Senate  Monday August 27th directed the Central Bank of Nigeria to stop plans to introduce a single N5000 note with immediate effect. The Senate, in a press conference in Abuja yesterday, said that CBN had no right to embark …

CBN To Spend 40bn To Print N5, 000 Notes And Others.

Posted ago by Patience

The Central Bank of Nigeria will spend N40.3bn to produce its new coins and naira notes. Out of the amount, N11.8bn will be spent on the new N20, N10 and N5 coins. “The bank is spending over N40bn on the …

CBN Should Answer Questions On Controversial Secret Account – NNPC

Posted ago by Patience

The Nigerian National Petroleum Corporation (NNPC), on Tuesday, said only the Central Bank of Nigeria (CBN) could answer questions on the controversial secret foreign account for crude sales. The NNPC, speaking through its Executive Director, Finance, Bernard Okechukwu Oti, when …