The Central Bank of Nigeria (CBN) has refuted reports claiming that old series N200, N500, and N1,000 banknotes will be withdrawn as legal tender by December 31, 2024. In a statement issued on Thursday by Acting Director of Corporate Communications, Sidi Hakama, the CBN clarified that the Supreme Court’s ruling on November 29, 2023, to […]
Zenith Bank Plc has officially announced the re-engagement of Dr. Adaora Umeoji as the Deputy Managing Director of the bank. The Nigerian Exchange Limited (NGX) and shareholders were informed about this decision. The Central Bank of Nigeria (CBN) has granted its approval, indicated by the “No objection” given to the re-engagement, which will be effective […]
The Central Bank of Nigeria (CBN) and the Central Bank of Egypt (CBE) have formalized their collaboration by signing a Memorandum of Understanding (MoU) to create the Nigeria-Egypt Fintech Bridge. The MoU was signed during the Seamless North Africa Conference 2023 in Cairo, Egypt, as both apex banks engaged in discussions on crucial matters related […]
