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The Central Bank of Nigeria (CBN) has denied reports making the rounds that it has authorized deposit money banks to collect the old N500 and N1,000...
President Muhammadu Buhari has said he would in one week take a major decision on the current crisis trailing the naira redesign and distribution. A statement...
President Muhammadu Buhari, on Friday, disclosed that commercial banks are responsible for the scarcity of the newly-designed naira notes. The President revealed this in a statement...
The Central Bank of Nigeria (CBN) on Thursday issued a new directive to commercial banks to start paying the redesigned naira notes to customers over the...
Some angry citizens in Nigeria have lambasted the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele and Nigeria’s president, Muhammadu Buhari over the unfavourable...
The Senate has asked the Central Bank of Nigeria (CBN) to extend the deadline for the circulation of old naira notes by six months. The lawmakers...
The Central Bank of Nigeria (CBN) has excluded mobile money/Point of Sales (POS) agents in Abuja and Lagos from its newly launched cash swap programme. This...
The Central Bank of Nigeria (CBN) in its statements on monetary policies, disclosed that as at the end of 2022, the banking system has continued to...
The Deputy Governor, Financial System Stability, Central Bank of Nigeria, Aisha Ahmad has appeared before the House of Representatives, following his failure to honour the lawmakers’...
President Muhammadu Buhari has unveiled the re-designed N200, N500 and N1000 notes at the commencement of the weekly meeting of the Federal Executive Council (FEC). A...
The International Monetary Fund (IMF) has warned that the continuous rising benchmark interest rates in Nigeria and other emerging economies are risks to financial stability. AN24.net...
The Central Bank of Nigeria (CBN) has said its loan to the Federal Government has risen from N20.61tn in July 2022 to N22.07tn in August 2022....