Cash crunch: The CBN has no reason not to comply with court orders on the excuse of waiting for directives from the President – Presidency
March 13, 2023 The Presidency says the Central Bank of Nigeria, CBN, has no reason not to comply with court orders on the excuse of waiting for directives from the…
Gov. Adeleke warns banks to stop issuing old notes to customers if they won’t accept it
March 13, 2023 Gov. Ademola Adeleke of Osun, has warned commercial banks in the state to stop issuing old naira notes to customers, if they will not accept it back…
Elections: It’s fake news, CBN didn’t give money to LP governorship candidate in Lagos
March 13, 2023 The Central Bank of Nigeria (CBN) said it did not give a “kobo” to Mr Gbadebo Rhodes-Vivour, Governorship Candidate of the Labour Party in Lagos State, ahead…
SANWO-OLU: OLD NAIRA NOTES REMAIN LEGAL TENDER, IT’S ILLEGAL TO REJECT THE NOTES
March 13, 2023 The Lagos State Government has noted the hardship sparked by the Naira redesign policy, which has affected business and commercial activities. There is no reason to reject…
Any attempt by CBN to disobey Supreme Court order amounts to treasonable felony — Lawyer
March 9, 2023 A Constitutional Lawyer, Mr Kayode Ajulo, has said that any attempt by the Central Bank of Nigeria (CBN) to disobey the Supreme Court judgment on the legality…
Cashless policy: Gov. Matawalle empowers 300 PoS operators with N70m
March 9, 2023 The Zamfara government has disbursed N70 million to empower 300 Point-of-Sale (PoS) operators to fast track implementation of the cashless policy of the Central Bank of Nigeria…
CBN issues operational guidelines on open banking
March 8, 2023 The Central Bank of Nigeria, CBN, has issued operational guidelines for open banking in Nigeria. The guidelines establish principles for data sharing across banking and payment systems….
Anchor Borrowers’ Programme: N503bn loan repaid of N1.079 trn- CBN
March 6, 2023 The Central Bank of Nigeria (CBN) says total repayment of loans under the Anchor Borrowers’ Programme (ABP) stood at N503 billion, representing 52.39 per cent. The Acting…
S/Court nullifies naira redesign policy, orders FG to allow old notes to continue to be legal tender until Dec. 31
March 3, 2023 The Supreme Court on Friday ordered the Federal Government to allow the old Naira notes to continue as legal tender until Dec. 31, 2023. According to Channels…
Currency Swap: Buhari not in breach of Supreme Court order – Malami
By Ismaila Chafe The Attorney-General and Minister of Justice, Abubakar Malami says President Muhammadu Buhari has not acted in breach of any law on the Supreme Court order in respect…