Naira redesign: We’re not hoarding the new notes, we do not have enough – Bank operators tell RepsÂ
Jan. 27, 2023 Operators of Commercial Banks in the country have countered the Central Bank of Nigeria (CBN) over claims that the commercial banks have enough naira notes in their…
CBN unveils Africa-led domestic card scheme to strengthen payments system
Jan. 27, 2023 The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele on Thursday, unveiled an African Central Bank led National Domestic Card Scheme (AfriGO) to address local…
Law Professor sues CBN, seeks extension of deadline for old naira notes
By Wandoo Sombo Prof. Joshua Alobo, a lawyer, Â has approached the Federal High Court, Abuja, praying the court to stop the Central Bank of Nigeria (CBN) from insisting on the…
Naira redesign: Reps Threaten to issue arrest warrant against Emefiele, others over failure to appear before it
January 26, 2023 The House of Representatives has threatened to issue a warrant of arrest on the Central Bank of Nigeria (CBN) and bank directors over their collective failure to…
CBN reiterates the availability of new naira notes, says there’s no scarcityÂ
January 26, 2023 The Central Bank of Nigeria (CBN) has denied scarcity of the new naira notes as alleged by some Nigerians. The CBN Governor, Godwin Emefiele, represented by Musa…
Naira redesign: We’ve so far received about N1.5 trn of old Naira notes – Emefiele
Jan. 24, 2023 …Says Jan. 31 deadline for notes swap remain The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, says the Jan. 31 deadline to stop…
Experts project policy retention as CBN holds first MPC meeting in 2023
By Kadiri Abdulrahman As the Central Bank of Nigeria (CBN) holds its first Monetary Policy Committee (MPC) meeting on Monday, some financial experts have suggested retention of current policy rates….
New Naira notes: Governors set up committee to work with CBN
By Emmanuel Oloniruha The Nigeria Governors’ Forum (NGF) has set up a six- member committee to engage the Central Bank of Nigeria (CBN) to address anomalies in the country’s monetary…
You are welcome back, Buhari welcomes Emefiele to State House
President Muhammadu Buhari on Thursday met with the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele at the State House in Abuja. Details of their discussion were sketchy but Aso…
CBN to sanction banks dispensing old naira notes through ATMs
By Christian Njoku The Central Bank of Nigeria (CBN), on Thursday threatened to sanction banks in Cross River dispensing old naira notes through their Automated Teller Machines, (ATMs). The warning…