CBN extends deadline for use of old naira notes
The Central Bank of Nigeria (CBN) has extended the deadline for the use of the old notes till February 10. CBN Governor, Godwin Emefiele, announced the extension in a statement
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N2.7trn was kept permanently in people’s homes before we ordered redesign of new naira notes – Emefiele
January 29,2023 Governor of the Central Bank of Nigeria, Godwin Emefiele on Sunday, revealed that part of the reasons the Federal Government decided on the redesign of currency denominations was
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9 Months After, GTB Yet to Resolve Fraudulent Debit of Customer’s N900,000
January 18,2023 My questions and concerns with this trend of occurrence are: Why will a total stranger outside GTB be so current of the happenings to a particular account or
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Cash withdrawal policy – ACF knocks CBN
December 17,2022 The Arewa Consultative Forum (ACF), on Friday, kicked against the Central Bank of Nigeria’s new policy of cashless banking effective from January 2023 According to the group, though
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Naira redesign not economic priority — CISLAC
October 29,2022 The Civil Society Legislative Advocacy Centre has said that the Central Bank of Nigeria’s plan to redesign 200, 500 and 1,000 naira notes is not an economic priority
Read MoreCBN’s policies hurt Nigeria’s business environment – World Bank
The World Bank says the Central Bank of Nigeria (CBN)’s multiple exchange rates, trade restrictions, and the financing of the public deficit continue to damage the business environment. This was
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Nigeria’s FX reserves to fall, CBN plans $1.7bn arrears payment
June 17,2022 Nigeria’s forex exchange reserve will fall in 2022 as the Central Bank of Nigeria plans to clear about $1.7bn in FX backlog to foreigners and FX forward contracts,
Read More‘Violation of CBN Act:’ Rep seeks Emefiele’s removal, prosecution
June 15,2022 Sergius Ose Ogun, a member of the house of representatives, has called for the removal and prosecution of Mr. Godwin Emefiele, governor of the Central Bank of Nigeria
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FG probes Wema Bank, others over illegal accounts opening
Nigeria’s federal government through the Nigeria Data Protection Bureau (NDPB) has announced the commencement of investigation into Wema Bank’s activities following alleged data breach and illegal opening of accounts, after
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CBN raises online transfer limit to N25 million and N250million for individuals and companies respectively
June 3,2022 The Central Bank of Nigeria has raised the limit for ‘Highly Secured Online Funds Transfer from N100 million to N250 million for Companies and from N10 million to
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