The Central Bank of Nigeria (CBN) has issued a warning to Point-Of-Sale (PoS) operators and Deposit Money Banks (DMBs) regarding their practices that are impacting the availability of cash and disrupting the circulation of the Naira. This advisory was communicated in a statement released on Thursday, signed by the Acting Director of Communication and Public … Read more
The EFCC has warned Nigerians of an increase in the circulation of counterfeit dollars and cybercrime in Benue State and has taken steps to address the issue. news.ng reports. On Thursday, the EFCC Acting Chairman, Mr. Abubakar Musa Bello, addressed a workshop on Effective Reporting of Economic and Financial Crimes, which was attended by 30 … Read more
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has announced that President, Major General Muhammadu Buhari, will unveil the new naira notes during the weekly Federal Executive Council at the Presidential Villa. He announced this during a press briefing held after the Monetary Policy Committee meeting in Abuja. President Buhari said the new … Read more