It is exactly 21 days to the deadline issued by the Central Bank of Nigeria (CBN) for the return of the old N200, N500, and N1,000 banknotes following the currency redesign programme. But, what has been pondering on mind is…
The Central Bank of Nigeria (CBN) is open to creating a regulatory framework for potential implementations of stablecoins, according to a recently released document seen by journalists. The document titled “Nigeria Payment System Vision 2025” includes provisions for regulating initial…
The Central Bank of Nigeria (CBN) has announced that it has been able to record massive success in its efforts to take back the excess cash outside the banking sector. The apex bank in its latest monetary data released on…
Nigerians have set social media ablaze over the Central Bank of Nigeria (CBN) launching a countdown to the January 31 deadline policy. Recall that the Apex bank had announced the commencement of the new currency to begin circulation from December…
The Central Bank of Nigeria (CBN) has insisted that the CBN has enough new notes to go around the nation ahead of the January 31 deadline when old notes will cease to be legal tender. The Director of Corporate Communication,…
…Says Fairview did not make binding purchase offer By Seun Ibiyemi The Central Bank of Nigeria (CBN) has denied claims that a higher offer was made during the sale of Polaris Bank, saying that the divestment was an institutional decision…
Nigerian businesses concerned about rising interest rates and macro-economic issues have halted borrowings from the bond market. According to data from Afrinvest Securities, there were 13 corporate bond issuances with a total value of N170.80 billion in 2022, which is…
The attention of the Central Bank of Nigeria (CBN) has been drawn to a spurious, malicious, and misleading online publication, which made several false claims concerning the recent sale of the Federal Government’s interest in Polaris Bank Ltd. Given the…
Human Rights Writers Association of Nigeria, HURIWA, on Wednesday, queried the Central Bank of Nigeria, CBN, over the scarcity of new naira notes, a few weeks to the deadline for the validity of the old N200, N500 and N1,000 banknotes.…
With the Central Bank of Nigeria’s (CBN) pronouncement that the non-oil exporters repatriated the sum of $4.99 billion into Nigeria in 2022. The Governor of the CBN, Godwin Emefiele, disclosed this while delivering a keynote address at the second edition…
