CBN says Nigeria to become cashless by 2025
The Central Bank of Nigeria (CBN) has revealed in its Payments Vision 2025 document that Nigeria will become cashless by 2025.Information Guide Nigeria According to the documents, Nigeria…
Again, Emefiele fails to attend House hearing
Godwin Emefiele, the Governor of Central Bank of Nigeria (CBN), has again written to the House of Representatives, informing it of his unavailability to brief them on the…
CBN Reveals Security Features of New Naira Notes as Fakes Circulates
The Central Bank of Nigeria (CBN) has released the security features of the new naira notes, to save Nigerians from falling victim to fake naira notes.Information Guide Nigeria…
Concerns over dollar-naira exchange rate as DSS investigates CBN Governor Emefiele
The arrest of Central Bank of Nigeria (CBN) Governor Godwin Emefiele by the Department of State Services (DSS) may force the naira to fall further versus the dollar.Information…
House of Reps orders CBN to suspend new cash withdrawal limit
The House of Representatives has requested that the Central Bank of Nigeria (CBN) postpone the implementation of the new cash withdrawal policy scheduled for January 9, 2023, pending…
CBN defends naira with $11.24bn in seven months
When contacted, Billy Gillis-Harry, President of the Petroleum Retail Outlet Owners Association of Nigeria, told our correspondent that the fuel supply situation had yet to stabilize.Information Guide Nigeria…
CBN blames limited time for ‘simple’ design of new naira notes
The Central Bank of Nigeria (CBN) has identified limited time to tackle the problems of counterfeiting and hoarding of currency as the reason for the simple appearance of…
CBN Finally Reacts to Alleged Plans to Print 5,000 Naira Notes
The Central Bank of Nigeria (CBN) has ruled out the introduction of the N5000 note in Nigeria. This was revealed by CBN’s Director of Currency Operations, Ahmed Umar,…
CBN sensitises Osun residents on new naira notes
The Central Bank of Nigeria, among other things, has organized an information fair for citizens of Osun State about the introduction of new naira notes.InformationGuideNigeria During the sensitization…
Naira sustains rally as dollar rush subsides
In a new wave of continuous recovery following weeks of loss, the naira closed yesterday at N680/$ on the parallel market, registering a significant gain against the dollar.Information…