Emefiele rules out further extension of deadline
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has foreclosed the possibility of further extension of the deadline for the collection of old naira notes.Information…
BREAKING: CBN issues fresh directive to banks
The Central Bank of Nigeria (CBN) has given a new directive that commercial banks should start paying the new naira notes to customers over the counter in the…
New Naira: Election riggers pushing CBN for extension — Atiku
The Peoples Democratic Party, PDP, presidential candidate, Atiku Abubakar, has advised the Central Bank of Nigeria, CBN, not to postpone the old naira regime deadline after February 10.Information…
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…
We have made sufficient supply of new notes to Bonny Island – CBN
The Central Bank of Nigeria (CBN) has announced the deployment of extra fresh notes to Bonny Island in response to residents’ concerns over scarcity.Information Guide Nigeria Residents of…
CBN launches domestic card, to cut forex charges
The Central Bank of Nigeria has launched the Nigerian National Domestic Card Scheme to boost the electronic payment system in the country.Information Guide Nigeria The Central Bank Governor,…
FG budgets N1.2tn to service CBN loans
The Federal Government of Nigeria has budget plans to spend N1.2tn on servicing the loans it got from the Central Bank of Nigeria.Information Guide Nigeria According to the…
JUST IN: CBN Raises Monetary Policy Rate
The Central Bank of Nigeria (CBN), has further raised the Monetary Policy Rate (MPR) by 100 basis points to 17.5 percent from 16.5 percent.Information Guide Nigeria This is…
Cash limit to quicken bank’s migration to PAPSS network
The Central Bank of Nigeria’s (CBN’s) cash withdrawal limit policy is expected to quicken banks’ migration to the Pan-African Payment and Settlement System (PAPSS) platforms. THE NATION reports…
Buhari Urges Senate to Approve Restructuring of CBN Loans
President Muhammadu Buhari has urged the National Assembly to approve the restructuring of Central Bank of Nigeria (CBN) N22trn loan.Information Guide Nigeria He told the house to reconsider…