Tag: Central Bank of Nigeria
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...
Access To New Naira Notes: CBN Launches Cash Swap Programme in...
In furtherance of its Naira Redesign policy and in recognition of the need to maximise the channels through which underserved and rural communities can...
Banks Dispensing Old Notes Via ATMs Now To Be Queried By...
The Central Bank of Nigeria (CBN) has vowed to query banks that dispense old notes from their Automated Teller Machines(ATMs).
A Director at the CBN...
