FG Stops NLC’s Planned Nationwide Strike - Ngige The Minister of Labour and Employment, Dr Chris Ngige, has revealed that he was positive that the planned nationwide strike by the Nigerian Labour Congress would not hold. This, he explained, was because the Federal Government had intervened...

CBN Launches Domestic Card to Boost E-Payment System The Central Bank of Nigeria has launched the Nigerian National Domestic Card Scheme to boost the country's electronic payment system. The CBN Governor, Godwin Emefiele, said the card would help to reduce operating cost, charges and preserve foreign...

Banking System Remains Resilient - CBN The banking system continued to be resilient with major financial soundness indicators comparing favourably with the prudential thresholds as of the end of October 2022. The Central Bank of Nigeria disclosed this in statements on monetary policies. The Governor, CBN, Godwin...

UPDATE: Cash Withdrawal Limit Policy Not Politically Motivated – CBN The Central Bank of Nigeria (CBN) has debunked the rumours in some quarters that it's decision to limit cash withdrawals across all platforms is politically motivated. The Deputy Governor, CBN, Mrs Aisha Ahmad, said this in...

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...

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...