MOTIVATION OF BANK WORKERS FOR HIGHER PRODUCTIVITY IN BANKING SECTOR
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The Central Bank of Nigeria has exempted Primary Mortgage Banks and Microfinance Banks that provide banking services to the poor from its cash withdrawal limit.
It gave this directive in a c… Read More
…Confirms Evacuation Of Naira notes To Commercial Banks
By Ngozi Akubulu, Udesinanna Stephen
The Central Bank of Nigeria, CBN, hasdirected commercial banks to open their branche… Read More
The Central Bank of Nigeria (CBN) has issued a directive to International Money Transfer Operators (IMTOs) to initiate remittance pay-outs in both Naira and foreign exchange currencies for b… Read More
The Central Bank of Nigeria (CBN) has directed banks to collect the old N500 and N1,000 notes from members of the public.It, however, pegged the maximum amount the banks can collect at N500… Read More
The Central Bank of Nigeria has has rescinded on its earlier stand, that the rebranded Naira notes can only be on Automated Teller Machines(ATMs) and has directed banks to commence paying cu… Read More
According to a source, commercial banks have been mandated by the Central Bank of Nigeria (CBN) to issue old banknotes and receive the same deposits from customers. Commercial bank branches… Read More
The Central Bank of Nigeria has finally spoken out on the naira redesign controversy, stating that the old N200, N500, and N1,000 banknotes will remain legal tender until December 31, 2023… Read More
Tribune OnlineJUST IN: CBN directs commercial banks to start payment of new notes over counter
“In line with this resolve, the Governor, Mr. Godwin Emefiele, has directed deposit money… Read More
In response to the present cash shortage in the nation, the leadership of the Nigeria Labour Congress (NLC) on Wednesday ordered all employees to picket all of the Central Bank of Nigeria&rs… Read More
VerseNews NigeriaBREAKING: CBN Bows To Court Order, Declares Old N200, N500, N1000 Notes Legal Tender Till Dec 31
The Central Bank of Nigeria has on Monday March 13 declared that old N200… Read More
Ahead of Wednesday’s sitting of the Supreme Court to decide on the naira redesign policy of the Central Bank of Nigeria (CBN), the Nigeria Governors’ Forum (NGF) has urged its me… Read More
VerseNews Nigeria‘Any Bank That Rejects Old Naira Will Be Shut Down’ – Soludo Tells Anambra Residents
Professor Charles Soludo, the Governor of Anambra State has confirmed… Read More
After failing to appear before it for the second time, the House of Representatives has given the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, Thursday this week as the deadl… Read More
The Central Bank of Nigeria (CBN) has been instructed to postpone the January 9, 2023, implementation of the revised cash withdrawal policy.
House of Representatives ordered the implement… Read More
The Central Bank of Nigeria (CBN) has directed all Deposit Money Banks (DMBs) to ensure that no customer is turned back or refused FX provided that documentation and all ot… Read More
The Central Bank of Nigeria (CBN), has directed all banks operating in the country to always observe strict compliance with SWIFT Universal Confirmation Requirements. The directive was outli… Read More
October 14, (THEWILL) – The Central Bank of Nigeria (CBN) has ordered banks and other financial institutions to report the Bank Verification Number (BVN) of a deceased customer to Nige… Read More
Commercial banks in Niger State have been ordered by the Central Bank of Nigeria (CBN) to go on strike unless the state’s Internal Revenue Service withdraws the tax levied against them… Read More
By Kadiri Abdulrahman Abuja, July 29, 2021 The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to set up teller points in designated branches for the sale of Foreign Ex… Read More
Oyetunji Abioye The Central Bank of Nigeria has asked commercial banks to implement the International Financial Reporting Standard 9 on or before January 1, 2018 deadline. The Director, Bank… Read More
The Central Bank of Nigeria on Friday commenced its intervention in the sale of foreign exchange in the Chinese yYuan.This signalled the implementation of the Bilateral Currency Swap Agreeme… Read More