CBN
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"
Just in: N200, N500, N1,000 notes to remain in circulation till December 31, 2023, Nigeria’s Supreme Court orders
The Supreme Court on Friday nullified the Federal Government’s Naira redesign policy, declaring it as an affront to the 1999 Constitution. It ruled...
Breaking: CBN appoints new spokesman, Isa Abdulmumin as Osita Nwanisobi retires
The Central Bank of Nigeria (CBN) on Friday has appointed Mr Isa Abdulmumin as the Acting Director of Corporate Communications Department of...
Breaking: Naira swap crisis: Supreme Court fixes judgment for March 3
Nigeria’s Supreme Court on Wednesday adjourned judgment in the consolidated suits filed by ten states on the implementation of the naira redesign policy...
Breaking: Naira crisis: Supreme Court orders consolidation of 16 suits against FG, insists on hearing suit
The Supreme Court on Wednesday ordered the consolidation of the 16 state governments’ suits against the Federal Government challenging the implementation of the...
CBN says extension of old naira notes by 70 days is fake news
The Central Bank of Nigeria (CBN) has denounced as fake news a statement credited to the wife of the President, Mrs Aisha Buhari,...
Alleged flouting of Supreme Court order: Rights group hauls Buhari to court
For declaring old N500 and N1,000 banknotes non-legal tenders contrary to the interim injunction granted by the Supreme Court, President Muhammadu Buhari has...
We have not authorised banks to collect old N500, N1,000 notes, says CBN
Contrary to reports, the Central Bank of Nigeria (CBN) said on Friday that it has not authorised commercial banks to start accepting old...
CBN Governor Emefiele meets with CEO’s of 15 banks to ease cash crunch
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele has disclosed that he has met with 15 heads of commercial banks to...
Buhari, in a broadcast, carpets bank officials over Naira scarcity, returns only N200 note into circulation
President Muhammadu Buhari on Thursday directed the Central Bank Of Nigeria (CBN) that only the old N200 naira notes should be released into...
Nigeria’s inflation shoots up to 21.82 per cent
The National Bureau of Statistics (NBS) disclosed today that Nigeria inflation has soared up to 21.82 per cent as at January 2023 compared...
Just in: Supreme Court adjourns suit on naira redesign policy until Feb. 22
Against all permutations and expectations, the Supreme Court on Wednesday adjourned hearing in a suit filed by three states against the Federal Government,...
Old Naira notes swap: February 10 deadline stays, old notes no longer legal tender — CBN
The Central Bank of Nigeria (CBN) said on Tuesday that the February 10, 2023 deadline for old Naira notes swap still stands just...
Fidelity Bank names Pamela Shodipo Executive Director
Fidelity Bank Plc has announced the appointment of Pamela Shodipo as the Executive Director, South Directorate of the financial institution. The company’s Secretary,...
