CBN
-
Business News In Nigeria
We didn’t devalue Naira – CBN
Accusations that the Central Bank of Nigeria, or CBN, depreciated the Naira have been denied. The CBN depreciated the Naira,…
Read More » -
Business News Today
Ahead of May 29 inauguration, Naira falls to 760/$1
The Naira has dropped to N765/$1 with just ten days till the next administration’s May 29th inauguration. On Friday, this…
Read More » -
CBN
Don’t allow Emefiele leave Nigeria – Governor Matawalle tells Buhari
The Central Bank of Nigeria’s (CBN) Governor, Godwin Emefiele, allegedly received a study leave that Bello Matawalle, the governor of…
Read More » -
Business News Today
CBN’s Net Domestic Credit rose to N70.6trn in March
The Central Bank of Nigeria’s Net Domestic Credit increased from N70.2 trillion in February to N70.6 trillion in March as…
Read More » -
Naira
Emefiele summoned to court over Naira Redesign issue
For reportedly disobeying the Supreme Court’s orders on the CBN’s naira redesign policy, Godwin Emefiele, the governor of the institution,…
Read More » -
Naira
Naira Crunch: Banknotes will be moved to DMBs, the CBN confirms
As part of a coordinated effort to facilitate the circulation of banknotes of various denominations, the Central Bank of Nigeria,…
Read More » -
Naira
CBN approves old N200, N500, and N1000 notes
The Central Bank of Nigeria, CBN, and the Presidency both gave in to pressure on Monday to put an end…
Read More » -
CBN
Naira Crisis: CBN finally approves use of old notes
The Central Bank of Nigeria has instructed commercial banks to accept and disburse old naira notes, according to Prof. Charles…
Read More » -
Naira
The Kogi government issues arrest warrants for persons and businesses refusing old naira notes
The Kogi State Government ordered the arrest and punishment of people and companies on Friday who refused to accept the…
Read More » -
CBN
Financial sector stakeholders express uncertainty regarding the Supreme Court’s decision to extend the legal tender status of the old Naira note until the end of 2023
After the Supreme Court’s decision to prolong the legal tender status of the old naira notes through December 31, 2023,…
Read More »
