The Central Bank of Nigeria (CBN) has renewed Cellulant’s Payment Service Solution Provider License in Nigeria. The renewal enables Cellulant to continue providing online and offline payment solutions, including collections, check-out, biller aggregation, and payout services securely to thousands of…
The attention of the Central Bank of Nigeria has been drawn to some fake and unauthorized messages quoting the CBN as having authorized the Deposit Money Banks to collect the old N500 and N1,000 Banknotes. For the avoidance of doubt,…
In a U-turn, the Central Bank of Nigeria (CBN) has ordered commercial banks to start collecting the old N500 and N1,000 notes from the public with immediate effect. It, however, pegged the maximum amount the banks can collect at N500,000…
…Lament Buhari’s broadcast throws Nigerians into deeper confusion …As Emefiele orders Banks to comply with Buhari’s directives …Labour Party VP candidate accuses ‘mighty men’ of prevailing on President’s decision …Falana urges FG to comply with order …Abia State joins suit challenging…
Officials of the Central Bank of Nigeria (CBN) have embarked on cash-out exercise to ameliorate the sufferings of the people in Delta. Mr Sunny Daibo, Leader of the CBN sensitisation team on the redesigned Naira notes in Delta, disclosed this…
The National Association of Nigerian Students (NANS) and the National Association of Ogun State Students (NAOSS) have slammed President Muhammadu Buhari over his decision to lift the restriction on only the old N200 note. The student bodies said Buhari should…
His Excellency President Muhammadu Buhari addresses Nigerians through National broadcast, on the challenges of the currency swap and state of the nation, on 16th February, 2023. My Dear Compatriots, I have found it necessary to address you today, on the…
President Muhammadu Buhari has revealed the amount of naira his administration has retrieved since the commencement of the naira redesign policy by the Central Bank of Nigeria (CBN). According to Buhari, about N2.1 trillion out of the banknotes initially held…
…Gov. Abiodun, Others threaten to shut banks rejecting old notes …To join Kaduna, Kogi, Zamfara on suit against FG …Court rules today …Apex Bank threatens to arrest, jail POS agents charging above N200 for cash swap …Orders banks to refund…
The Central Bank of Nigeria, CBN, has issued guidelines on how Nigerians who are still stuck with the old N200, N500 and N1000 notes can return them to the nearest branch of the apex bank. The CBN had insisted that…
