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CBN

Naira Redesign Has Kidnapping, Banditry – Emefiele

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…

Nigerians Will Not Lose Old Notes After Deadline – CBN

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…

No Plan To Extend Deadline For Old Naira Notes – CBN

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…

DSS Invades CBN, Takes Over Emefiele’s Office (Photo)

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…

CBN Domestic Card Scheme Takes Off

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.…

Court orders CBN to freeze Polaris bank account

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…

Banking System Remains Resilient – CBN

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…

DSS Arrest: CBN’s Emefiele Reportedly Seeking UK Asylum

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…

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