No Deadline For Circulation of Old Naira Notes, CBN Debunks Report | MarvelTvUpdates
The central Bank of Nigeria on Thursday, October 24, debunked reports that the old naira notes of N200, N500 and N1,000 would cease to be a legal tender by December
Tag: Cbn
House Of Reps Ask CBN To Withdraw Old Notes, Release More New Notes | MarvelTvUpdates
The House of Representatives has asked the Central Bank of Nigeria(CBN) to make available more new notes of N200, N500 and N1,000 as well as begin a gradual withdrawal of
Central Bank of Nigeria Orders Payment Service Providers To Track PoS Transactions | MarvelTvUpdates
The Central Bank of Nigeria (CBN) has issued a directive to all Payment Service Providers to begin routing all transactions conducted through Point of Sale (PoS) terminals. It was gathered
Court Backs CBN, Directs Banks To Collect Customer’s Social Media Handles | MarvelTvUpdates
The Federal High Court, Lagos has upheld a new Central Bank of Nigeria (CBN) regulation which requires financial institutions to demand and collect the social media handles of their customers,
House Of Reps Order CBN To Suspend Cybersecurity Levy Immediately | MarvelTvUpdates
The House of Representatives has ordered that the Central Bank of Nigeria (CBN) to immediately suspend the enforcement of the controversial cybersecurity levy. The decision of the House was sequel
CBN Stops Account Openings For OPay, Kuda, Moniepoint, Palmpay And Others | MarvelTvUpdates
Kuda Bank, Moniepoint, OPay and Palmpay have paused account opening for new customers following a directive from the Central Bank of Nigeria. The directive came two days after the EFCC
CBN Forex Policies Failing To Work As Exchange Rate Approaches N1,700/$1 | MarvelTvUpdates
The exchange rate between the naira and the dollar has depreciated to an all-time low, reaching N1,537.96/$1 at the official market. This decline has occurred despite various policies implemented by
Naira Free Fall: CBN Governor Blames Rising Number Of Nigerians Schooling Abroad, Medical Tourism | MarvelTvUpdates
The Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso has attributed the recent increase in the dollar exchange rate to the rise in Nigerian students who study abroad,
CBN Uncovers $2.4 Billion Fake Forex Claims Pressuring Naira | MarvelTvUpdates
The Central Bank of Nigeria (CBN) has uncovered a $2.4 billion scam involving false foreign exchange claims that have put pressure on the naira and spooked the currency market, Governor
Ohanaeze Ndigbo Backs Tinubu’s Relocation of FAAN and CBN Offices to Lagos, Makes Demands | MarvelTvUpdates
The pan-Igbo socio-cultural group, Ohanaeze Ndigbo, has backed President Tinubu’s decision to relocate some offices of the Federal Airport Authority of Nigeria (FAAN) and the Central Bank of Nigeria (CBN)