The rumors that the old ₦200, ₦500, and ₦1,000 banknotes will no longer be accepted as legal cash by December 31, 2024, have been refuted once...
The Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines For Fiscal Years 2024 – 2025 document, which was released on Tuesday, September 17, 2024, has reportedly...
The head of the apex bank’s legal services department and the governor of the Central Bank of Nigeria have been summoned by a Federal High Court...
CENTRAL BANK OF NIGERIA Banking Supervision Department Central Business District December 6, 2022 BSD/DIR/PUB/LAB/015/069 Letter to All Deposit Money Banks (DMBS) and Other Financial Institutions (Payment...
The Central Bank of Nigeria (CBN) said there’s no plan to introduce N5,000 denominated bank note following the naira redesign. Ahmed Umar, CBN Director of Currency Operations made...
The move to redesign Nigeria’s legal tender by the Central Bank of Nigeria (CBN) generated heated debates among senators on Wednesday. Debates began after the Chairman...
The increase in electronic banking transactions has made the Central Bank of Nigeria (CBN) reduce the minting of the Naira. The CBN Deputy Governor, Economic Policy...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said on Thursday the digital currency, eNaira, has recorded N4 billion transactions since its launch...