CBN

Just in: DSS confirms arrest of ex-CBN  Gov. Emefiele 

Suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has been arrested and is in the custody of the Department of...

Folashodun Adebisi Shonubi: 9 things you should know about the Acting CBN Governor

Controversial Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, was on Friday, suspended by President Bola Tinubu. Following his suspension, Emefiele...

CBN has not devalued the Naira — Spokesman

Contrary to a report, the Central Bank of Nigeria (CBN) says it has not devalued the Naira to N631 per dollar at the...

Just in: CBN increases interest rate to 18.50 percent

The Central Bank of Nigeria (CBN), after a two-day Monetary Policy Committee (MPC) meeting on Wednesday, has once again raised the interest ceiling...

CBN disproves BVN expiry date, says it’s for life

Contrary to reports making the rounds that the 11-digit unique number has a span of 10 years, the Central Bank of Nigeria (CBN)...

Disregard news about phasing out redesigned naira notes — CBN

The Central Bank of Nigeria (CBN) has described the news making the rounds that it is gradually phasing out the redesigned N1, 000,...

How online loan sharks in Nigeria are cashing in, driving people into depression

Unemployment, inflation, and the cost of living have all risen sharply in Nigeria in recent times, and this is fuelling the rapid increase...

Cash scarcity persists in FCT suburbs amid increased old Naira notes supply

As cash flow improves in the Federal Capital Territory (FCT) on Monday following a fresh directive by the Central Bank of Nigeria (CBN)...

Cash crunch: Commercial banks to open Saturday, Sunday — CBN

“The CBN has directed all banks to load their Automated Teller Machines (ATMs) as well as conduct physical operations in the banking halls...

Banks get fresh order to collect old notes from CBN branches, dispense immediately

More Naira notes will be pumped into circulation as from tomorrow, March 23 as banks have been directed to collect old notes deposited...

Hours after Buhari breaks silence on old naira notes, CBN Gov. says they remain legal tender till Dec. 31

The Central Bank of Nigeria (CBN) has finally complied with the Supreme Court’s judgment on the old Naira notes, directing commercial banks to...

Emefiele’s alleged fresh plot against Tinubu: It’s completely false, malicious — CBN

The Central Bank of Nigeria (CBN) has described as false and malicious a report published by a national newspaper, alleging that the CBN...

CBN’s cash swap initiative for unbanked populace ends

  The Central Bank of Nigeria (CBN) has said the cash swap programme for the unbanked population in the rural areas has ended....

CBN rolls out guidelines for open banking

In a bid to enhance efficiency, competition, and access to financial services in the country, the Central Bank of Nigeria (CBN) has rolled...

Four days after Supreme Court’s order on old naira notes, Presidency, CBN Governor still mum, economy in dire straits

Four days after the Supreme Court ruled that the old Naira notes should remain legal tender until December 31, 2023, the Central Bank...

Naira redesign: Kaduna Gov. el-Rufai hails Supreme Court judgment, says policy must go

“The policy must go because the Supreme Court has now decided that it was unlawfully conceived and it was unlawfully implemented"