CBN clarifies old Naira acceptance after February 10, ‘subject to…
The Central Bank of Nigeria (CBN) has clarified the position of the apex bank's Governor, Godwin Emefiele, that old N200, N500,…
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New naira notes: Banks will accept old notes after deadline – Emefiele
The Governor of the Central Bank of Nigeria, Godwin Emefiele, said on Tuesday that commercial banks in Nigeria will continue to…
CBN directs banks to release new naira notes
The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DMBs) in Zamfara, to release the new naira notes to Point of…
CBN under statutory obligation to redeem old notes after January 31st, NBA…
The Central Bank of Nigeria (CBN), according to the Nigerian Bar Association (NBA), is required by law to redeem the old N200,…
Release new naira or face sanctions, CBN orders five banks in Zamfara
The Central Bank of Nigeria (CBN), Zamfara State branch, has directed five commercial banks in the state to issue new naira notes…
New naira: Ganduje, clerics urge CBN to extend deadline
The Kano State Government and Islamic clerics from the Tijjaniyya, Qadiriyya, and Izala sects in the state have asked the Federal…
CBN applauds banks in Ogun for issuing new naira notes
As the deadline for the phase-out of the old N200, N500, and N1000 notes approaches on January 31st, officials from the Central…
CBN, NIBSS launch ‘AfriGo’, Nigeria’s first National Domestic Card Scheme
The Central Bank of Nigeria (CBN) says it has collaborated with the Nigerian Inter-Bank Settlement Systems…
Expert lauds CBN for raising MPR to 17.5 %
A financial expert, Dr Samuel Nzekwe, has commended the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) for…
CBN raises Interest Rate to 17.5%, insists January 31 deadline for old…
The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which measures interest rate, to 17.5 percent.
The…