Tag: Central Bank of Nigeria
Emefiele Justifies Redesign As Naira Scarcity Worsens
The crisis surrounding the naira redesign worsened on Tuesday as the Central Bank of Nigeria failed to clarify the legal tender status of the...
PoS Agents Who Charge Above N200 For Cash Swap’ll Be Arrested...
Says No Need Shifting February 10 Deadline
The Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has said that there really is...
Naira Policy: CBN Still Keeping Nigerians Guessing
Nigerians again waited in vain for the positing of the Central Bank of Nigeria (CBN) on the biting naira crisis.
Following last week’s advice from...
Report Reveals How CBN Uncovered N365m Fake Notes In Five Years
The Central Bank of Nigeria seized N365.24m counterfeit notes between 2016 and 2020, according to findings.
The figures were collated from the CBN’s annual report...
Tinubu In Six-Point-Statement Identifies How To End Naira Crisis
Asiwaju Bola Ahmed Tinubu, the presidential candidate of the ruling All Progressives Congress (APC) has suggested a six-point solution to the crisis triggered by...
Banks Hoarding New Naira Notes May Be Fined By CBN
The Central Bank of Nigeria may fine banks hoarding new notes a sum of N5m and members of the public selling the new notes...
Scarcity Of New Naira Notes: Rep, Akande-Sadipe Tackles CBN
A female member of the House of Representatives and Chairman House Committee on Diaspora, Tolulope Akande-Sadipe, has called out the Central Bank of Nigeria...
Anguish As Scarcity Forces Nigerians To ‘Buy’ Naira From PoS Operators
Naira is now on sale in Nigeria, no thanks to the scarcity of both old and new notes in bank halls and their Automatic...
Despite Numerous Interventions, CBN Insists On January 31 Deadline For Old...
In spite of numerous calls for extension, the Central Bank of Nigeria has insisted that the January 31 deadline for the validity of the...
New Domestic Card Introduced As CBN Expands e-Payment
The Central Bank of Nigeria during the week launched the Nigerian National Domestic Card Scheme to boost the electronic payment system in the country.
During...
