The Central Bank of Nigeria (CBN) has issued a strong warning to banks involved in the illegal circulation of newly minted ...

The Central Bank of Nigeria (CBN) has issued a stern warning to banks engaging in the unlawful circulation of freshly minted ...

CBN has announced N150m fines per branch for banks aiding illegal mint naira note distribution to currency hawkers.

Like all other currencies worldwide, the naira is supposed to serve as a medium of exchange. It is designed to facilitate the sale and purchase of commodities and services. Unfortunately, Nigerians ...

The Central Bank of Nigeria (CBN) has imposed a penalty of N150 million on banks found culpable of facilitating the illicit ...

The Economic and Financial Crimes Commission (EFCC) Enugu zone, says it has arraigned two bankers for allegedly selling mint ...

The Central Bank of Nigeria has announced that it will slam a fine of N150m per branch on Deposit Money Banks found guilty of ...

The Central Bank of Nigeria, CBN, has imposed a fine of N150 million on Deposit Money Banks found culpable of issuing illegal ...

The Central Bank of Nigeria (CBN) has stated that it will impose a fine of N150million on any commercial bank involved in ...

The Central Bank of Nigeria (CBN) has taken a firm stance against the illegal flow of freshly minted naira notes ...

There is a surge in the hawking of naira notes at exorbitant charges in different parts of the country, as Nigerians continue to struggle with limited access to cash in banking halls despite threats ...

The bank cited incidents of banks facilitating the illicit flow of mint Naira notes through direct actions or inactions.