Court stops CBN, Buhari from shifting naira deadline
A High Court of the Federal Capital Territory (FCT) has issued an interim injunction stopping President Mohammadu Buhari, the Central Bank of Nigeria, its Governor and the 27 commercial…
Nigerians won’t lose old notes after deadline – CBN
The Central Bank of Nigeria(CBN) has bowed to the demand of the House of Representatives for a gradual phase-out of the old naira notes. Its Governor Godwin Emiefele, who appeared before…
BREAKING: CBN Extends Old Naira Use Deadline Till February 10
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…
Govs meet Emefiele on naira redesign, cash withdrawal limit
Members of the Nigeria Governors’ Forum (NGF) will on Thursday engage the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele on some of the bank’s recent policies. The NGF’s spokesman, Abdulrazaque…
DSS/Emefiele Face-Off: DSS Didn’t Invade CBN Headquarters — Spokesperson
The Department of State Security Services DSS on Monday refuted the news making the rounds that its operatives invaded the office of the Governor of the Central Bank of Nigeria,…
CBN’s credit card takes off
A Credit card designed by the Central Bank of Nigeria (CBN) for domestic use has been scheduled for deployment. The card is expected to compete with other debit cards,…
NSPM Sets The Records Straight On The Quality Of Redesigned Banknotes
The Nigerian security printing and minting (NSPM) says its attention has been drawn to various clips, skits, concerns, and comments on various platforms regarding the quality of the redesigned banknotes…
Naira redesign: Senate seeks deadline extension to June
The Senate has urged the Central Bank of Nigeria to urgently extend the withdrawal date of old currency notes from January 31 to June 30, 2023. The Senate resolution was…
Senate passes N819.5bn supplementary budget
The Senate, on Wednesday, approved the request of the President, Muhammadu Buhari request for an N819.54 billion supplementary budget meant to fix the infrastructure destroyed by floods across the country.…
CBN increases weekly cash withdrawal limit after public outburst
The Central Bank of Nigeria (CBN) has increased the maximum weekly limit for cash withdrawals across all channels by individuals and corporate organisations to N500,000 and N5 million, respectively. The directive is…