Dossier
CBN Act
Coverage of CBN Act in the Nexus archive.
- Senate panel questions CBN on inflation, bank recapitalisation, foreign reserves, other monetary policies
The Senate panel questioned the Central Bank of Nigeria (CBN) on issues including inflation, bank recapitalisation, and foreign reserves. The CBN Act requires the CBN governor to brief the National Assembly twice annually on the bank's operations.
- CBN warns against rejection of N100 banknotes
CBN warned against the rejection of N100 banknotes, stating it violates the CBN Act and undermines confidence in the national currency.