Central Bank of Nigeria
It’s Final: ‘Old N200, N500, N1000 Naira Notes Have Ceased To Be Legal Tender’ – CBN Insists
The Central Bank of Nigeria (CBN) has declared that the old N200, N500 and N1000 have ceased being legal tender since February 10, 2023.
CBN...
BREAKING: Central Bank Extends Deadline For Swapping Old Naira Notes To February 10
The Central Bank of Nigeria (CBN) has announced a 10-day extension of the deadline for using old naira notes across Nigeria.
Godwin Emefiele, the governor...
President Buhari To Unveil New Naira Notes Design On Wednesday
Godwin Emefiele, the governor of the Central Bank of Nigeria, CBN, on Tuesday, November 22, 2022, said President Muhammadu Buhari will unveil newly designed...
Nigeria’s SEC Working To Remove Cryptocurrency Ban
Nigeria was the center of one of the most unlikely and shocking developments in the world of cryptocurrencies so far back in February when...
CBN Releases List of Financial Institutions Exempt From Lockdown In Lagos, Ogun, and FCT
Further to the federal government directive to carry out a two-week lockdown in Lagos, Ogun and the Federal Capital Territory, Abuja to check the...
CBN Returns Excess N60 Billion Charged From Customers’ Accounts By Banks
The Central Bank of Nigeria, CBN, said it has recovered over N60 billion excess charges imposed by banks on customers and returned the money...
Opening Nigeria’s Borders Now Could Cripple Local Rice Farmers – Emefiele
Godwin Emefiele, the governor of the Central Bank of Nigeria, has said though the country cannot afford to have its borders shut in perpetuity,...
Central Bank Introduces Policy For Loan Defaulters To Lose Deposits In Other Banks
To increase retail credit and curb the rising cases of non-repayment of such facilities, bank customers, who take loans but default in paying back,...
CBN Denies Reports Of ‘Missing N500 Billion’ In Leaked Audio Tape
Isaac Okoroafor, the spokesperson of the Central Bank of Nigeria, has said that no money is missing or stolen from the bank’s coffers as...
Nigeria’s Central Bank Provides Fiscal Stimulus For Forex Market
The Central Bank of Nigeria, CBN, was recently forced to intervene in the interbank foreign exchange market, providing additional fiscal stimulus to the tune of $210...
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Governor Ikpeazu Reveals He Warned The PDP About Peter Obi’s Influence
ABIA, NIGERIA - Governor Okezie Ikpeazu of Abia State revealed on Thursday, March 30, 2023, that he had warned the Peoples Democratic Party (PDP)...
