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Court orders CBN, Zenith Bank to refund stamp duty three …

The Federal High Court in Asaba, Delta State, has ordered the refund of the cumulative N50 stamp duty charges deducted from the account of a customer of Zenith Bank Plc and remitted to the Central Bank of Nigeria for over a period of three years.

CBN Debits Zenith, UBA, GTB, First Bank, 6 Others N1.62trn …

CBN debited Zenith Bank N580.49 billion as of June 30, 2023, at N2.25 trillion from N1.67 trillion in the 2022 financial year. UBA was debited about N356.37 billion by CBN in the first six months of 2023 to N1.64 trillion from …

CBN Circular On Form 'M' and Bill of Exchange

The Central Bank of Nigeria (CBN) has informed us of a review of the validity of Form'M' and Bill of Exchangeas follows: The circular directed that where the transaction could not be consummated within the initial validity...

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CBN Sends Warning To Access, UBA, Zenith, Other Banks on …

The Central Bank of Nigeria (CBN) has directed commercial banks across the country to accept dirty and mutilated naira notes from customers. This directive was given in a circular dated June 28, 2024, signed by the Acting Director, Currency Operations Department, CBN, Mr. Solaja Mohammed, and made public on the apex bank's website …

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Panic withdrawal: CBN debunks distress alert on Zenith Bank

An online report claimed that Zenith has been facing the worst liquidity challenge since March of 2021 due to gross mismanagement of her fund which has led to panic withdrawals by depositors in Lagos, Kano and other parts of the country.

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Grow Deeper in God's Word with the CBN Bible! Find the guidance you need every day. The CBN Online Bible is available in 19 different translations, as well as assorted reading plans and concordances.