CBN to freeze bank accounts without BVN, NIN April 2024
This is according to a Friday circular by the apex bank which said a BVN or NIN verification will be “conducted shortly”.
Cybersecurity Levy: CBN withdraws directive to banks
Tinubu directed the apex bank to suspend the implementation and review the modalities for its implementation.
Naira Scarcity: NLC, TUC suspend planned nationwide strike
At the meeting, Emefiele said steps have been taken to alleviate the sufferings of the masses in relation to the the naira crunch in the country.
CBN denies planning to redenominate Naira
While the bank may be considering reforms, AbdulMumin said “such are subject to laid down procedures in line with the provisions of the CBN Act, 2007.”
Heritage bank’s licence revoked
The financial regulator said the bank’s management has been unable to stem the decline despite various supervisory steps.
Deposit limit pegged at N500,000 as CBN directs banks to collect old N500, N1,000...
It, however, pegged the maximum amount the banks can collect at N500,000 daily per deposit.
CBN sacks boards of Union, Keystone and Polaris banks
The CBN also assured the public of the safety and security of depositors’ funds, saying it remained resolute in fulfilling its mandate to uphold a safe, sound, and robust financial system in Nigeria.
Banks complicit as SSS arrests currency traders selling new naira notes
It did not, however, say if those ‘intercepted’ and their bank collaborators would be prosecuted.
No going back on January 31 deadline for old naira notes, Emefiele insists
Last November, weeks after the apex bank announced its plan to redesign the three banknotes, President Muhammadu Buhari unveiled the redesigned N200, N500 and N1,000 notes as the apex bank fixed the January 31 deadline for the validity of the old notes.