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CBN Confirms evacuation of banknotes to DMBs

The Central Bank of Nigeria, CBN has confirmed the evacuation of banknotes from its vaults to commercial banks across the country as part of...

CBN Called Upon To Make Cash Available  As Fasting Commenced

By Jabiru Hassan, Kano.Residents across Kano state has commenced Thursday after the sighting  the holy  Month of Ramadan and announced by the  Sultanate and...

CBN Returns Old Naira Notes to Banks

The Central Bank of Nigeria (CBN) has instructed commercial banks to immediately collect the old naira notes they deposited in its branches to ease...

CBN Increases Interest Rate To 18%

Central Bank of Nigeria’s Monetary Policy Committee has voted to increase the benchmark interest rate by 50 basis points to 18. percent.This was disclosed...

Kano: Old Naira In Circulation After CBN Directive – Investigation

By Jabiru Hassan, Kano.Old naira notes now in circulation across kano state where the residents accepts 500,1000 notes as legal tender, while banks and...

BREAKING: Old Naira Notes Remain Legal Tender – CBN

The Central Bank of Nigeria (CBN) on Monday disclosed that the old N200, N500 and N1000 notes remain legal tender until December 31, 2023.CBN...

We’ll Shutdown, Report Banks Not Receiving Old Naira Notes to CBN – Soludo

Governor of Anambra State, Chukwuma Soludo has threatened to report banks not receiving old Naira notes in the state to the Central Bank of...

We Have Not Directed Banks To Issue Old Notes – CBN

The Central Bank of Nigeria (CBN) Tuesday said it has not issued a fresh directive to commercial banks on last Friday’s judgment of the...

2023 Election: Sokoto Branch Of CBN Hands Over Election Materials To INEC

By Muhammad Ibrahim,SokotoThe Central Bank of Nigeria, Sokoto branch has today Wednesday handed over election sensitive materials to INEC who immediately sorted the materials...

INEC Receives Cash from CBN for Election

The Independent National Electoral Commission (INEC) has received cash from the Central Bank of Nigeria (CBN) for election logistics.Daily Trust reported that this was...

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