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New Notes: Bear With FG, CBN, Policy Will Bring Long-Term Economic, Social Benefits – Peter Obi

The presidential candidate of the Labour Party, LP, Peter Obi has said the current pain and inconvenience created by redesigning the Naira would bring...

Chairman House of Rep C’ttee on Diaspora Calls Out CBN

...urges Nigerians to be Resilient in the Face of HardshipA female member of the House of Representatives and Chairman House Committee on Diaspora, Tolulope...

CBN Threatens To Prosecute Those Selling New Naira Note

The Central Bank of Nigeria has threatened to prosecute anyone caught selling or abusing the new naira notes.This was according to a statement on...

CBN Orders Commercial Banks To Pay New Naira Notes Over The Counter

The Central Bank of Nigeria (CBN) has directed commercial banks to begin the payment of the new naira notes to customers over the counter.This...

Redesign Naira: CBN Okays N30m Daily to Bauchi Banks

The Central Bank of Nigeria says it allocates N30 million new naira notes daily to each branch of banks in Bauchi state to increase...

JUST IN: CBN Extends Deadline For Old Naira Notes To Feb 10

The Central Bank of Nigeria has finally extended the deadline for the exchange of old naira notes by 10 days.In a press statement issued...

Dispensing New Notes: Kano Banks Complying With CBN Directive – Investigations

By Jabiru Hassan, Kano.Banks in Kano state Complying with the directive given by the Central Bank of Nigeria (CBN) to dispense new naira notes...

Banks lending rate to customers hits 29.13%

The maximum lending rate in the banking sector hit 29.13 per cent while savings deposit rates was 4.13 per cent as of the end...

CBN Raises Interest Rate To 17.5%

The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which measures interest rate from 16.5% to 17.5 percent to tame...

New Naira Notes: CBN committed to achieving cashless economy – Ekanemesang

By Odo Ogenyi,UyoThe Central Bank of Nigeria, CBN, has said it is committed  to achieving a cashless economy, aimed at reducing too much money...

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