Tag: CBN
CBN To Close Millions Of Bank Accounts Without BVN
The Central Bank of Nigeria (CBN) has announced plans to close millions of bank accounts across various financial institutions that are not linked to...
E-naira wallet will address scarcity of cash – SA, CBN Governor
The Special Assistant on Payment to the Governor of the Central Bank, Mary Fasheitan said that usage of the digital naira called eNaira currency,...
CBN Governor, Emefiele apologizes to Nigerians for e-transaction failures
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has apologised to Nigerians for the high rate of failed electronic banking transactions.
The...
CBN directs banks to dispense and receive old Naira notes following...
The Central Bank of Nigeria has directed commercial banks to dispense and receive old naira notes as legal tender across the country.
This was after...
CBN approves disbursement of old Naira Notes
The Central Bank of Nigeria (CBN) has approved the disbursement of old N500 and N1,000 notes.
It should be recalled that the Supreme Court on...
Buhari orders CBN to allow old N200 to circulate till April...
President Muhammadu Buhari has ordered the Central Bank Governor, CBN, Godwin Emefiele to allow the old N200 (two hundred naira note) to circulate till...
Old N500, N1000 notes no longer legal tender – Buhari
President Muhammadu Buhari has directed that the old 200 naira note remain legal tender till April 10 2023.
Buhari made this declaration in a national...
Naira gains at official market as new notes’ scarcity worsen
Nigeria Naira closed at N461.50 per $1 at the spot market on Wednesday, appreciating by 0.04 percent.
Naira gained slightly against the United States dollar...
Kano Govt shuts down supermarket over refusal to accept old naira...
Kano State Government, through the Consumer Protection Council, has shut a popular supermarket, Wellcare, over its refusal to accept old Naira notes.
Speaking to newsmen...
Naira redesign has reduced kidnapping, corruption, Malami asserts
The Attorney General of the Federation and Minister of Justice, Abubakar Malami, asserted that the introduction of the naira redesign policy by Central Bank...
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