CBN

The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, on Tuesday, appealed to lawmakers and Nigerians to demonstrate understanding, insisting that the apex bank was out to fight the incidence of insecurity in Nigeria. Emefiele…

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said banks will continue to accept old naira notes after the February 10 deadline. Emefiele added that the apex bank will also continue to collect the old naira…

Former Aviation Minister, Femi Fani-Kayode (FFK), has slammed the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over the new monetary policy. The CBN in December 2022, introduced the newly redesigned N200, N500, and…

The Central Bank of Nigeria (CBN) has bowed to pressure as it has finally extended the deadline for the exchange of old naira notes by 10 days. This was disclosed in a press statement issued today January 29. The CBN governor, Godwin…

President Muhammadu Buhari has disclosed the reasons for his administration's decision to replace the old naira notes with the new ones. Speaking on Saturday in a statement by his senior special assistant on media and publicity, Garba…

Speaker Femi Gbajabiamila has threatened to invoke the provisions of section 89(D) of the 1999 Constitution as amended to compel the Governor of the Central Bank of Nigeria (CBN) Godwin Emiefele to appear before the House. Section 89 gives…

The Central Bank of Nigeria (CBN) has foreclosed the possibility of extending or shifting the deadline on the deposit of the old naira notes. CBN Governor Godwin Emefiele apologised to Nigerians for not extending the deadline but stated…

The Central Bank of Nigeria (CBN) has excluded mobile money/Point of Sales (POS) agents in Abuja and Lagos from its newly launched cash swap programme. CBN outlined some guidelines for the cash swap programme in a Frequently Asked…

Back in October 2022, the Central Bank Of Nigeria (CBN) introduced the card which was expected to be launched in partnership with the Nigeria Inter-Bank Settlement Systems (NIBSS) and the Bankers Committee. The Central Bank of Nigeria…

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Thursday, in Abuja updated President Muhammadu Buhari on the activities of the bank. The CBN governor, who briefed the president, had earlier on Thursday morning…

The Department of State Services (DSS) has decided to clear the air on invading the Central Bank of Nigeria (CBN) on Monday. There had been speculations that operatives of the secret police stormed CBN to arrest the Governor of the apex…

The operatives of the Department of State Service (DSS) today, invaded the headquarters of the Central Bank of Nigeria (CBN). It was gathered that the security operatives also took over the office of the embattled governor of the apex…

In line with its mandate to promote stability, inclusion and growth in the financial and payment system, the Central Bank of Nigeria (CBN) has introduced a national domestic card scheme that becomes effective on January 16, 2023.…

A High Court sitting at Ondo has granted a ganishee order directing the Central Bank of Nigeria(CBN) to freeze the account of Polaris Bank over a judgment debt of N2,162,561,509.84k . The order was made by Justice Adebusoye in an…

The Central Bank of Nigeria (CBN) has disclosed in its statements on monetary policies that as at the end of 2022 the banking system has continued to be resilient with major financial soundness. The CBN Governor, Godwin Emefiele noted…

The embattled Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is said to have concluded his plans to seek refugee status in the United Kingdom. This move by the CBN governor is being made to avoid arrest and prosecution…

The Central Bank of Nigeria (CBN) on Wednesday, (December 21, 2022), announced the increase of the maximum weekly limit for cash withdrawals across all channels for individuals and corporate organisations. In a letter addressed to bank…

The Central Bank of Nigeria (CBN) has unveiled the security features of the new Naira notes. Many Nigerians have been asking a series of questions following the rollout of new naira notes with the consent of President Muhammadu Buhari.…

The Central Bank of Nigeria (CBN) has announced conditions attached to bulk withdrawal following the claims that its new policy was targeted at point-of-sales (PoS) operators. Recall that the apex bank on the 6th of December had fixed…

The Central Bank of Nigeria (CBN) has reportedly instructed commercial banks to take down serial numbers of new naira notes whenever it is withdrawn. According to Nairametrics, Operations staff of some of Nigeria’s commercial banks said…