CBN

Pres. Buhari, CBN governor get court orders not to extend Feb. 10 deadline for Naira swap

President Muhammadu Buhari, the Central Bank of Nigeria (CBN) and the nation’s 27 commercial banks have been ordered not to extend the February...

Breaking: Naira notes scarcity: APC Governors el-Rufai, Matawalle, Bello sue Buhari, Malami

"Both the old and the new Naira notes are scarce, thereby affecting people especially the poor"

CBN-imposed cash crunch compounds, frustrates petrol purchases across Nigeria, hurts economy

For several weeks unendingly, scarcity of the new naira notes and or inadequate injection into circulation by Nigeria’s Central bank has continued to...

IGP orders full-scale crack down on new Naira notes violators

The Inspector General of Police, Usman Baba, has charged officers and men to go all out to arrest and prosecute people involved in...

Queues: CBN directs banks to start cash payment across the counters

The Central Bank of Nigeria (CBN) has directed deposit money banks (DMBs) to commence the payment of the redesigned Naira notes over the...

Old Naira notes swap: Pres. Buhari unhappy about Nigerians’ sufferings, passing phase — Minister

...CBN directs banks to commence the payment of the new Naira notes over the counter, subject to a maximum daily payout limi of...

Naira redesign: NYCN tells CBN to be more proactive to ameliorate sufferings of Nigerians

...wants INEC to tighten loose ends ahead of general elections

Protesting youths hurl stones, dangerous objects at Buhari’s convoy in Kano

Ignoring warning from Kano Gov. Abdullahi Ganduje, President Muhammadu Buhari’s visit to Kano State yesterday was marred by violent protest by youths as...

Old Naira notes: Buhari, CBN back down on Jan. 31 deadline, extend it till Feb.10

The nation’s Apex Bank, the Central Bank, has extended the deadline for the mopping up of old Naira notes from circulation earlier scheduled...

Just in: Naira redesign, cashless policy: House of Rep. threatens to arrest Emefiele

For allegedly failing to appear before the House of Representatives, the Speaker, Mr Femi Gbajabiamila has threatened to invoke the relevant sections of...

CBN increases MPR from 16.5 to 17.5 percent

The Central Bank of Nigeria (CBN)’s Monetary Policy Committee (MPC) has increased the Monetary Policy Rate (MPR) from 16.5 percent to 17.5 percent....

Old notes: Senate urges CBN to extend January 31st deadline by six months, Ebonyi Senator Egwu disagrees

One week to the deadline, the Senate has urged the Central Bank to extend the January 31st deadline for the deposit of old...

CBN Gov. Emefiele, meets Pres. Buhari at the State House

Details of the meeting have not been made public but it is believed to have centered on the reactions trailing cash withdrawal limits...

After annual vacation, CBN Gov. Emefiele resumes duty in Abuja amid tight security

``Mr. Emefiele remains committed to performing the task before him in line with his oath of office and the policy direction of President...

Outrage as only suspect arrested in ex-CBN staff, wife’s murder escapes from Police custody in Ogun

The Police appear to have bungled the investigation into the killing and roasting of a staff of the Central Bank of Nigeria (CBN),...

Effective Ist March, 2023, three-year jail term, N10m, N25m fines await violators of cash withdrawals from public accounts

In a bid to give teeth to the Money Laundering Act, the Federal Government has slammed a ban on cash withdrawal from Public...