CBN Outlaws Use Of Naira Cards Abroad

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In other to promote its forex curbs, the Central Bank of Nigeria, CBN, has banned the use of Naira denomination cards overseas. According to a circular to banks posted on its website on Monday, the apex bank stated that, where a company requires a card for overseas payments, such firms

Corruption: Buhari May Probe CBN

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President Muhammadu Buhari may extend his investigation into recent activities of some government agencies and departments to the Central Bank of Nigeria, SUNDAY PUNCH has learnt. Buhari had while meeting state governors on June 23, stated that officials of the past government abandoned all financial and administrative instructions put in

CBN Vows Not To Devalue Naira

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The Central Bank of Nigeria, CBN, has revealed that it will no longer devalue the Naira. According to the apex bank, the idea not to devalue the Naira was borne out of the need to safeguard the Nigerian economy from the shocks and negative impact the depreciation will have on

To Safeguard Nigerian Economy We Won’t Devalue The Naira – CBN

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The Central Bank of Nigeria, CBN, yesterday, disclosed that its decision not to undertake a further devaluation of the naira was borne out of the need to safeguard the Nigerian economy from the shocks and negative impact the depreciation will have on the economy. Reacting to an article in the

News: CBN Extends BVN Registration To October 31

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Mr Dipo Fatokun, CBN Director, Banking and Payment System Department,  in Abuja today said the Central Bank of Nigeria (CBN) has extended the deadline for the registration for Bank Verification Number (BVN) to October 31. “It has come to our notice that the BVN registration has elicited tremendous interest from

BVN Registration Has Been Extended

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The central bank of Nigeria (CBN) has extended the deadline for the bank verification number (BVN) registration to October 31, 2015. The bank said the extension is meant to facilitate smooth completion of registration.

CBN extends BVN registration deadline to Oct. 31

Godwin Emefiele, CBN Governor The Central Bank of Nigeria (CBN) has extended the Bank Registration Verification (BVN) deadline to Oct. 31, to accommodate customers who had thronged the banks to beat an earlier closing date.

CBN Vows Not To Extend Deadline Of BVN Registration

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The Director, Corporate Communications, Central Bank of Nigeria, CBN, ibrahim Mu’azu, has disclosed that the deadline – Tuesday, June 30, 2015 – for registration of the Biometric Verification Number will not be extended. According to Mu’azu, bank customers have been given suffice time and CBN expected they should have taken

Ogun residents in last minute rush for BVN registration

Abiodun Onafuye/Abeokuta Bank customers make last ditch effort to sign up for BVN Long queues were witnessed in many banks in Abeokuta, Ogun state capital as residents made last minute rush for to register for the Bank Verification Number (BVN) exercise.

Extend BVN deadline, bank customers tell CBN

Godwin Emefiele, CBN Governor Bank customers in Pankshin, Plateau, on Monday called for the extension of the deadline for the ongoing Bank Verification Number (BVN), which would end on June 30.

NLC Kicks Against Proposal for Naira Devaluation

The factional Deputy President of the Nigeria Labour Congress (NLC), Mr Issa Aremu, has kicked against the call by the Managing Director of First Bank of Nigeria PLC, Mr Bisi Onasanya for the devaluation of the Naira. The labour leader also called on the President Muhammadu Buhari administration to remove