The governors of the 36 states have summoned the Central Bank of Nigeria, CBN, Governor, Godwin Emefiele, over the withdrawal policy and the redesigned naira notes. The governors, under the auspices of the Nigeria Governors’ Forum, through its spokesperson, Abdulrazaque…
Rights activist, Ebun-Olu Adegboruwa has challenged the Department of State Services (DSS) to file charges against Godwin Emefiele. The Central Bank of Nigeria (CBN) Governor faces allegations of terrorism financing, diversion of revenue, agricultural loans and fraudulent practices in Forex…
…Politicians demand too high, making new notes scarce — Source By Seun Ibiyemi, Mathew Dennis (Abuja), Ismail Azeez (Osogbo) and Akintunde Jacob (Akure) Despite directive from the Central Bank of Nigeria (CBN) mandating commercial banks to stop putting old naira…
A major step towards achieving financial inclusion and cashless policy was taken on Thursday as the Central Bank of Nigeria (CBN) took the sensitisation crusade to the popular Wuse Market in Abuja. The event had officials of the apex bank,…
The Central Bank of Nigeria (CBN) will monitoring commercial banks to ensure that they comply with the directive of loading the redesigned naira notes in their Automated Teller Machines (ATMs). CBN Director, Currency Operations, Mr Ahmed Umar, made this known…
The Central Bank of Nigeria (CBN), Gombe State office, has taken its sensitisation on the newly redesigned naira notes to Gombe Main Market, urging traders to deposit old notes before Jan. 31. Speaking during the event on Tuesday, CBN Branch…
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…
