Cash Withdrawal Limit: Again, Emefiele Absent at Reps Session The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has finally responded to the House of Representatives' summons to clarify the recent cash withdrawal limits policy. Emefiele who was represented by the Deputy Governor, Financial System...

World Bank to CBN: Naira Redesign will Negatively Impact Economy, Poor Households The World Bank has warned that the short transition period to the redesigned naira notes will negatively impact economic activities, especially among the poorest households in the country. The bank in its latest Nigeria...

FG Moves to Ban Cash Withdrawals from Public Accounts The Federal Government is set to stop cash withdrawal from all public accounts with immediate effect. In place of cash withdrawals, public officers are to open domiciliary accounts in foreign and local currencies ahead of the commencement...

Cash Withdrawal Limit: Again, Emefiele Shuns Reps The Governor of the Central Bank of Nigeria, Godwin Emefiele, has again failed to appear before the House of Representatives for the second. The House was to grill Emefiele over the policy on Thursday last week but he failed...

CONTROVERSY: NIPOST Distances itself from Revenue collected by CBN as NIPOST Stamp Duties The Nigerian Postal Service, NIPOST, has distanced itself from revenue collected on it behalf by Central.Bank of Nigeria (CBN) and other commercial banks in the name of stamp duty. Meanwhile, PRNigeria gathered that...

Cash Withdrawal Limit: CBN Governor To Appear Before Reps The Central Bank of Nigeria(CBN) Governor, Godwin Emefiele is to appear before the House of Representatives next week Tuesday, December 20th, over cash withdrawal limit and other issues. This was announced by the Deputy Speaker, Ahmed Idris...