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CBN Denies Directing Commercial Banks To Collect Old N500, N1,000 Notes

The Central Bank of Nigeria (CBN) has denied reports making the rounds that it has authorized deposit money banks to collect the old N500...

Allow New Naira Policy Work, Emefiele Appeals to Nigerians

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has appealed to Nigerians to allow the naira redesign policy work.He said this in...

CBN Vows to Prosecute POS Operators Over Exorbitant Charges

The Central Bank of Nigeria (CBN) has promised to prosecute Point of Sale (POS) operators who demand exorbitant charges on transactions.This was disclosed by...

Naira Redesign: CBN lacks capacity to print more new naira notes – Emefiele

Amidst the cash crisis bedevilling the country and the expectations of Nigerians that President Muhammadu Buhari would resolve the matter in seven days as...

Print More New Naira Notes Or Recirculate Old Ones – Council Of States Tells CBN

The Council of State presided over by President Muhammadu Buhari on Friday, gave their support to the naira redesign policy but with a caveat...

Redesign currency: Why Apex Court halted CBN plan of banning old notes – Lawyer

A lawyer and Senior Advocate of Nigeria, Mike Ozekhome, has explained the judgement of the Supreme Court restraining the Federal Government from implementing the...

Naira Note: IMF Calls For CBN Deadline Extension

The International Monetary Fund (IMF) has asked the Central Bank of Nigeria to consider extending the February 10 deadline for the swapping of old...

Protesters block CBN entrance in Edo over new naira crisis

A civil society group in Edo State, Edo Civil Society Group led by Comrade Agho Omobude on Tuesday blocked the main entrance of the...

Naira Scarcity: Buhari Meets CBN Gov, EFCC Chairman Others

President Muhammmadu Buhari Tuesday held a closed door meeting Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, Chairman of the Economic and...

13 Parties Threatens To Withdraw From 2023 Polls If CBN Extends New Naira Deadline

“Thirteen” out of the 18 political parties in Nigeria have threatened to withdraw from the February 25 and March 11 general elections in Nigeria...

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