The Central Bank of Nigeria (CBN) has begun a cash swap policy in Bayelsa, through agents, to distribute the newly-redesigned naira notes to rural communities. Reports state that the CBN recently made arrangements with super agents, as well as mobile…
The Central Bank of Nigeria (CBN) has begun a cash swap policy in Bayelsa, through agents, to distribute the newly-redesigned naira notes to rural communities. Newsmen reports that the CBN recently made arrangements with super agents, as well as mobile…
The Central of Nigeria, CBN, has initiated a cash-swap programme across the 774 local government areas of the country as part of its implementation of the Naira redesign policy. The initiative between CBN, Deposits Money Banks, DMBs, and Super Agents…
The Central Bank of Nigeria (CBN) has accused some commercial banks in Port Harcourt, Rivers State, of refusing to dispense the sum of N4.5 billion redesigned notes allocated to them. The controller of the CBN branch in Rivers State, Maxwell…
The Central Bank of Nigeria (CBN) on Monday urged commercial banks in the country to make sure that they comply with the directive of loading the newly redesigned naira notes in their Automated Teller Machines (ATMs). CBN Director, Currency Operations,…
The Federal Government is to stop cash withdrawal from all public accounts with immediate effect. In place of cash withdrawals, public officers are to open domiciliary accounts in foreign and local currencies ahead of the commencement of the new policy,…
… Woos Foreign Investors The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has been conferred with the Euro knowledge Africa Most Innovative Digital Transformation Governor of the Year Award for 2022 by the Foreign Investment Network (FIN). Presenting…
A bill to whittle down the Central Bank of Nigeria (CBN) governor’s powers sponsored by Senator Sadiq Suleiman Umar representing Kwara North Senatorial District has scaled second reading in the Senate on Tuesday in Abuja. The lawmaker sought an amendment…
ABUJA – In the face of rising demand for foreign exchange for both goods and services by Nigerians, the Central Bank of Nigeria (CBN) has advised Nigerians to resist the urge of succumbing to the speculative activities of some players…
The Central Bank of Nigeria (CBN) has been told to save the Naira from weakening against the dollar by reviewing its policy on the 41 items on the import list. According to the Centre for the Promotion of Private Enterprise…
