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Taraba Govt To Secure ₦150bn Loan From 6 Nigerian Banks

The Taraba Government has begun negotiations with a consortium of six Nigerian banks to secure a facility worth ₦150 billion naira for projects. Gov. Agbu Kefas of Taraba made this…

New Naira Notes: Commercial Banks Adhere To CBN Directives In Kano

Following directives by the Central Bank of Nigeria (CBN), to Commercial Banks on the issue of making Naira Notes much available to customers , Normalcy has began to surface in…

Banks Operate At The Weekend In Bauchi

Many Banks in Bauchi State, at the weekend,Operated as directed by the Central Bank of Nigeria (CBN) to ease Naira Scarcity. Following the new directives Trading activities began to take…

Commercial Banks Commence Issuance Of Old Naira Notes In Kano

Sequel to the order by the supreme court, some commercial banks in kano have commenced disbursement of old naira notes to customers. Radio Nigeria’s correspondent who went round kano metropolis…

Police Will Resist Attacks On Banks

Police says it will resist any attempt on Banks across the country. The Force Spokesman, Olumuyiwa Adejobi stated this to newsmen “We complain banks don’t attend to us yet we…

Police Beef Up Security Around Banks In Kwara

Kwara state police command has put in place measures to prevent the planned attack of banks by hoodlums following hardship experienced in accessing redesigned naira notes in the state. In…

Emefiele Accuses Banks Of Breaching Agreement

The Governor of the Central Bank of Nigeria Godwin Emefiele has accused commercial banks of breaching agreement for issuance of new currency notes. Emefiele made the accusation when he appeared…

Nigeria Unveils New Payment Card, AfriGo To Boost Economy

Nigeria has launched an African Central Bank-led National Domestic Card Scheme, AfriGO, to boost the nation’s economy. The Governor of the Central Bank of Nigeria CBN, Mr Godwin Emefiele disclosed…

Reps Summon CBN, Banks Over Scarcity Of New Naira Notes

House of Representatives has summoned management of the Central Bank of Nigeria and Managing Directors of other commercial banks, over non circulation of the newly designed naira notes in the…

CBN Direct Banks To Intensify Efforts In Old Notes Collection

The Central Bank of Nigeria (CBN) has instructed commercial banks in the country to work on Saturdays till January 31, 2023 to enable bank customers return old naira notes for…