June
9,
2023
President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, CFR, from office with immediate effect. This is sequel to the ongoing investigation of his office and...
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Entries Tagged - #CBN
June
1,
2023
The Central Bank of Nigeria (CBN) has debunked a report by a national daily that it has devalued the naira to N631 per dollar at the Importers and Exporters’ (I&E) window. A top official of the...
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May
25,
2023
The Central Bank of Nigeria has revoked the operating licenses of 132 Microfinance banks, four primary mortgage banks and three finance companies in Nigeria. The Official Gazette of Nigeria, obtained...
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May
22,
2023
L-R: President/Chief Executive, Dangote Industries Limited, Aliko Dangote; President of Federal Republic of Nigeria, Muhammadu Buhari; President of Ghana, Nana Akufo-Addo; President of Senegal, Macky...
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May
14,
2023
The Bank Verification Number (BVN) issued by the Central Bank of Nigeria (CBN) was initially to expire after 10 years, PRNigeria Fact-Check discovers. The factcheck was conducted after a viral...
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March
29,
2023
The Emir of Kano, Alhaji Aminu Ado Bayero, has cautioned the Central Bank of Nigeria and commercial banks to follow the cashless policy steadily in step-by-step for the people in the country to...
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March
24,
2023
In a bid to ease ongoing short of cash in circulation, being experienced by Nigerians, the Central Bank of Nigeria (CBN) has directed all commercial banks to open for operation on Saturdays and...
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March
23,
2023
The Central Bank of Nigeria (CBN) has finally concluded plans to release all N1,000, N500 and N200 notes in its custody to Deposit Money Banks The decision according to The PUNCH, is expected to end...
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March
22,
2023
Reliable sources in the CBN said banks have been instructed to collect the old Naira noted they deposited in CBN and that before the end of the week, the country would be awash with Naira...
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March
14,
2023
Lagos State Governor, Mr. Babajide Sanwo-Olu, has directed residents of the State to go ahead and have transactions with the old Naira notes, saying Lagosians should feel free to use the old notes...
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March
14,
2023
The Presidency wishes to react to some public concerns that President Muhammadu Buhari did not react to the Supreme Court judgement on the issue of the N500 and N1,000 old currency notes, and states...
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March
14,
2023
The Central Bank of Nigeria (CBN) says the old N200, N500 and N1000 notes remain legal tender until December 31, 2023. Isa Abdulmumin, CBN spokesperson, announced the development in a statement on...
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March
11,
2023
Ekiti State Governor, Mr Biodun Oyebanji has appealed to residents of the state to continue to accept the old and new naira notes as means of transactions in line with the ruling of the Supreme Court...
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March
7,
2023
Some commercial banks in Lagos have started issuing the old naira notes to customers at their various automated teller machines (ATMs) terminals and over the counter. The development is in...
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March
6,
2023
Following the Supreme Court judgment, which extended the validity of the Central Bank of Nigeria (CBN) currency redesign policy to December, some deposit money banks have started paying out the old...
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March
5,
2023
There is an air of uncertainty among Deposit Money Banks as they await further instruction from the Central Bank of Nigeria over the recirculation of old N500 and N1,000. The Supreme Court on Friday...
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March
3,
2023
President Muhammadu Buhari has sent his apologies to Nigerians revealing that the change of the Naira notes was to boost the economy of the country and not to cause hardship. Following the release...
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March
3,
2023
The Apex court in Nigeria, Supreme Court, today, ordered that old N200, N500, N1,000 notes remain in circulation till December 31, 2023. The court also nullified the Federal Government’s naira...
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February
28,
2023
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has announced its readiness for seamless financial transactions as the cashless policy by the Central Bank of Nigeria (CBN) takes effect. The...
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February
22,
2023
Three states: Kaduna, Kogi, and Zamfara, have filed contempt proceedings against the Attorney General of the Federation and Minister of Justice, Abubakar Malami, and the Central Bank Governor, Godwin...
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