CBN’s Loan Recovery Sparks Concern Among COVID-19 Loan Beneficiaries: “Not Fair,” Say Recipients
By: JP Ashedzi Beneficiaries of CBN COVID-19 loans have expressed concern over CBN’s latest move to recover those...
CBN
Flutterwave Launches “SWAP” Together with Wema Bank, Kadavra BDC to Aid FX Access
By: Ogunyanwo Oluwatunmise Flutterwave, the top payments' technology company in Africa, made an exciting announcement at a press...
Naira Crashes Against Dollar, Businesses Will Be Affected; BDC Operator
JP Ashedzi At the exchange market, it has been reported that the dollar has crashed to between N805...
Old Naira Notes Soon to Phase Out -CBN
By: Ashe Central Bank of Nigeria through Folashodun Shonubi, Acting CBN Governor, on Tuesday said that plans to...
Court Grants Bail to CBN Governor, Godwin Emefiele
By: Ogunleye Oluwapelumi Justice Nicholas Oweibo has granted bail to the Governor of the Central Bank of Nigeria...
Naira Continues Downward Trend Against Dollar at Parallel Market
By: Ashe The unification of exchange rates by the Central Bank of Nigeria has led to a continued...
Nigeria’s Naira Rate Hits New Low at N820/$
By: Ashe The local currency of Nigeria, Naira, has hit a new low at the weekend, trading at...
CBN Lifts Restriction on $10k Deposit for Domiciliary Account Holders
CBN Lifts Restriction on $10k Deposit for Domiciliary Account Holders The Central Bank of Nigeria (CBN) says cash deposits...
CBN Allows Commercial Banks to Sell Forex Freely at Market-Determined Rates Amid Naira Devaluation
By: Ogunleye Oluwapelumi Barely five days after the suspension of Godwin Emefiele as Central Bank Governor, reports indicate...
President Tinubu Suspends Central Bank Governor, Godwin Emefiele
By: Ogunleye Oluwapelumi President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, CFR, from...
CBN Clarifies Issues on BVN Expiry Date
Following a trending video alerting Nigerians to the need to revalidate their BVN after 10 years of issuance, the Central...
CBN Directs Banks To Open On Saturdays, and Sundays For Currency Disbursement
As part of a coordinated effort to facilitate the circulation of banknotes of various denominations, the Central Bank of Nigeria...
Old Naira Notes Remain Legal Tender – Supreme Court
The Supreme Court on Wednesday ordered that Nigerians can continue to spend the old naira notes pending the determination of...
Ogun Fish Sellers Protest Rejection of Old Naira Notes
Fish sellers in Abeokuta, the capital city of Ogun state on Tuesday protested the rejection of old naira notes by...
Old Naira Notes no More Legal Tender – CBN
The Central Bank of Nigeria (CBN) said old naira notes of 200, 500, 1000 notes are no longer legal tender...
We Remain Committed To Performing Our monetary Policy Functions As Stipulated- CBN
Following the recent protest and rumors that are going around concerning the central bank of Nigeria and her policy on...
Supreme Court Stops Prohibition of Old Naira Notes
The Supreme Court on Wednesday has temporarily lingered the move to ban th use of old naira notes from February...
Scarcity: Protest At UI Gate Over Fuel, Naira Notes
Some concerned Nigerians took to the major roads of Ibadan, Oyo state yesterday to protest against over the scarcity of...
Cash withdrawal: Angry Nigerians Flood Bank For Cash As Staff Escape Through Fence
Following the insist of the Central Bank of Nigeria (CBN) on the February 10 deadline for the currency swap. Some...
No Further Extension In Depositing Old Naira Notes – CBN
Central Bank Governor, Mr. Godwin Emefiele Briefs Media in Lagos says no further extension in the deadline for depositing old...
EFCC Grills Actress Over Spraying, Stepping On New Naira Notes
Operatives of the Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, have commenced investigation of Oluwadarasimi Omoseyin,...
CBN Orders Banks To Pay New Naira Notes Over The Counter
This is according to a Thursday statement signed by the Bank’s Director, Corporate Communications Osita Nwanisobi. He said it is...
The New Naira Note has caused Us A lot Of Problems – Sagamites Lament
The residents of sagamu on the 31th January 2023, laments to the fate of having to queue in bank for...
Banks In Ogun Mismanaged N4m New Notes- CBN
The Central Bank of Nigeria, on Tuesday, said it has uncovered N4 million of new naira notes mismanaged by a...
Banks Will Accept Old Naira Notes After Deadline- Emefiele
The apex bank recently extended the deadline for the swap of the newly-designed N1,000 and N500 and N200 notes following...
New Naira Notes Sellers Intercepted By DSS
The Department of State Services (DSS) has intercepted some members of organised syndicates involved in selling the newly redesigned...
New Currency: 1.9 Trillion Recovered By CBN After Naira Notes Redesign
Following the redesign of the naira note,The Central Bank of Nigerian (CBN) has since recovered N1.9 trillion worth of currency...
CBN Extends Deadline For Old Naira Notes
The Central Bank of Nigeria (CBN) has announced a 10-day extension of the deadline for the use of old naira...
Emefiele Reaffirms Certainty Of January 31st As Deadline For Old Naira Notes
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday declared that the January 31, 2023 deadline...
There Is Sufficient New Naira Notes In Ogun State Banks- CBN
The Central Bank of Nigeria CBN has said most of the banks in Ogun State have been flooded with the...
