CBN Accuses Banks of Hoarding $5 Billion in Foreign Currencies, Orders Release
The Central Bank of Nigeria (CBN) has accused commercial banks of hoarding over $5 billion in ...
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Tag: Deposit Money Banks
Deposit Money Banks Implement FIRS Directive to Deduct Electronic Money Transfer Levy
Deposit Money Banks (DMBs) are actively notifying their customers about the recent directive from the Federal ...
Read moreCBN Governor Calls for Increased Capital Base as Nigeria Aims for $1tn Economy
The Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, announced on Friday that ...
Read moreCentral Bank of Nigeria Addresses Cash Shortages, Instructs Continued Use of Old, New Naira Notes
The Central Bank of Nigeria (CBN) has issued instructions to all its branches across the nation ...
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