Barely two weeks after the announcement of plans by the Central Bank of Nigeria (CBN) to redesign some naira notes, about N52 billion cash has been deposited. There were indications
President Muhammadu Buhari has reacted to the plan by the Central Bank of Nigeria ( CBN) to redesign and replace N1,000, N500 and N200 notes. The President, according to a
In an apparent response to claims by the Minister of Finance, Budget and National Planning, Zainab Ahmad, that her ministry was not carried along by the Central Bank of Nigeria
The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) have formally announced the completion of a Share Purchase Agreement (SPA) for the acquisition of 100%
With escalating demand for foreign exchange for both goods and services by Nigerians, the Central Bank of Nigeria (CBN) has assured that it would continue to make deliberate efforts in
The Central Bank of Nigeria has vowed to arrest and prosecute Nigerians using naira to buy dollars. For those taking money from banks to buy dollars, it is illegal to
Bank customers will henceforth be required to produce indemnity for highly secured online funds transfers. The new directive was issued in a circular with the reference number: PSM/DIR/PUB/CIR/01/006, issued by
Godwin Emefiele, The Governor of the Central Bank of Nigeria has said Nigeria has not spent dollars to import cement in the last seven years. A statement made by the
The President, Muhammadu Buhari, on Monday, October 25 2021 launched the eNaira platform. The eNaira is a culmination of several years of research work by the Central Bank of Nigeria
The Central Bank of Nigeria (CBN) has announced that Federal Government will on Monday, October 25, 2021, unveil its digital currency, known as the eNaira. This was made knows by
