UPDATED: Only CBN, not Banks, will be able to accept old naira after deadline, ‘Subject To Certain Conditions’
The Central Bank of Nigeria (CBN) has clarified it’s position on the legal status of the old series of the…
NBA Writes Emefiele, states CBN’s Statutory Obligation To Redeem Old Banknotes After January 31
Maikyau expressed what he described as telling concerns about the fate of Nigerians with the old currency past the deadline,…
NASS at war with CBN over old naira notes deadline
The two arms of the National Assembly, the Senate and the House of Representatives, yesterday asked the Central Bank of…
Emefiele to meet with Govs over withdrawal limit
Governors of the 36 states have planned to meet with the Governor of the Central Bank of Nigeria, Godwin Emefiele,…
Service Chief’s intervention saves Emefiele from arrest as he arrives from vacation, resumes work -Source
The intervention of one of the Service Chiefs yesterday saved Governor of the Central Bank of Nigeria, (CBN) Mr. Godwin…
New naira: CBN under pressure to extend Jan 31 deadline
The Central Bank of Nigeria may be under pressure to extend the deadline for old naira notes to cease being…
Naira appreciates against US dollar after CBN rejects IMF, World Bank reform advice
The Nigerian currency appreciated against the United States currency after the Central Bank of Nigeria (CBN) boldly rejected the call…
CBN slams N800m fine on 3 banks for breaching crypto currency rules.
Access Bank, Stanbic IBTC Bank and United Bank for Africa have been slammed with an N800 million fine by the…
CBN to penalise banks for depositing mutilated notes
The Central Bank of Nigeria (CBN), at the weekend, warned Deposit Money Banks (DMBs) to immediately desist from bringing mutilated…
Bank loans from CBN rise by 233 percent
Banks’ borrowings from the Central Bank of Nigeria, CBN, rose by 233 per cent, year-on-year, to N26.9 trillion in…
CBN: Criteria for participating in its 100 for 100 policy on Production and Productivity (PPP).
In its bid to reverse the nation’s over-reliance in imports by creating a platform that supports right companies and projects…
CBN: eNaira is secure and dependable
The Central Bank of Nigeria has said its newly launched e-Naira project is secure and dependable. The Director…
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