BREAKING: CBN Directs Banks to Pay Lower Naira Denominations Across the Counter
The Central Bank of Nigeria (CBN) has directed all commercial banks in the country to pay customers over the counter with the lower Naira denominations.Information Guide Nigeria Commercial…
CBN recovers N1.9tn in two months after naira redesign
The Central Bank of Nigeria says it recovered N1.9 trillion in currency outside the banking system in two months as a result of its redesigned naira notes and…
We have made adequate supply of new notes to Bonny Island – CBN
The Central Bank of Nigeria (CBN) has disclosed that it has deployed more new notes to Bonny Island. This is following agitations by residents over scarcity of the…
DSS Intercepts Syndicates Selling New Currency Notes
The Department of State Services (DSS) says it has intercepted some members of organised syndicates involved in the selling of the new naira notes.Information Guide Nigeria In a…
JUST IN: Naira hoarders Return N1.9tn to banks to avoid deadline – CBN Governor
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has revealed that naira hoarders have returned N1.9 trillion worth of naira notes to banks ahead of…
New Naira: CBN Governor To Appear Before The House Or Risk Being Arrested – Reps
The House of Representatives Ad-hoc Committee on new naira re-design and naira swap policy has said that the CBN Governor must appear before the house or stand the…
New Naira: Reps minority caucus applauds ‘Atiku intervention’
The minority caucus in the Federal House of Representatives has applauded the Central Bank of Nigeria (CBN) for extending the deadline for the full transition to new naira notes.Information…
New Naira Notes: Anxiety as CBN insist on deadline
Banked or unbanked Nigeria are anxious following the insistence by the Central Bank of Nigeria on January 31, deadline.Information Guide Nigeria Many Nigerians are currently racing against time…
JUST IN: Lagos Governor signs N1.76 trillion budget
Governor Babajide Sanwo-Olu of Lagos State has signed the N1.768 trillion 2023 Budget of Continuity into law. According to NAIRAMETRICS, the Governor revealed this in a statement on…
Banks counter CBN for alleged hoarding of new notes
Operators of Commercial Banks in Nigeria have countered the Central Bank of Nigeria (CBN) over claims that the commercial banks are hoarding new naira notes.Information Guide Nigeria This…