BREAKING: CBN Promises to Provide Information on Allocation to Banks
The Central Bank of Nigeria has responded to the request made by Femi Falana dated February 16, 2023.Information Guide Nigeria LEGIT.NG reports that the apex bank told the…
CBN’s currency policy ruining Nigeria’s economy – Aremu
The Central Bank of Nigeria’s policy has been blamed for causing undue hardship for Nigerians. Director-general, Michael Imoudu National Institute for Labour Studies (MINILS), Ilorin, Kwara State, Issa…
JUST IN: CBN Asks FG to Use eNaira to Transfer N368.8 Billion to Nigerians
The Central Bank of Nigeria has asked the federal government to use the eNaira as the best alternative for sharing $800 million, about N368.8 billion, in its National…
Bank workers union asks CBN to clarify directive on collection of old naira notes
Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) has called on the Central Bank of Nigeria (CBN) to make clarifications on the deposit of old…
Banks not authorised to accept old notes – CBN
The Central Bank of Nigeria (CBN), has described the news going round that it authorised Deposit Money Banks (DMBs) to accept the old N500 and N1,000 banknotes as…
CBN dares Supreme Court
The Supreme Court ordered the CBN to restrained from going ahead with the deadline. Although the apex court answered their prayer and adjourned the case till February 15,…
Presidency dismisses reports on disobeying Supreme Court ruling on legality of currencies
The Presidency has debunked as false the assertion that the Federal Government or the Central Bank of Nigeria (CBN) had refused to recognise old N200, N500, and N1,000…
‘Old naira notes no longer legal tender’ – CBN to Nigerians
The Central Bank of Nigeria (CBN) has declared that the old Naira Notes of N200, N500, and N1000 have ceased to be legal tender in Nigeria since the…
BREAKING: CBN Gives Update on PoS Charges
The Central Bank of Nigeria (CBN) has asked Nigerians to remain calm as it works with the commercial banks in Nigeria to review PoS charges.Information Guide Nigeria The…
NAIRA SCARCITY: CBN Sends Message to Nigerians
The Central Bank of Nigeria has appealed to Nigerians to exercise patience as the newly redesigned naira notes will be in circulation and accessible in no time.Information Guide…