No more deadline for legal tender status of old Naira notes – CBN
The Central Bank of Nigeria (CBN), says the old Naira banknotes will henceforth remain legal “ad infinitum ”. CBN’s Director, ...
Tag: CBN
Reps summon CBN, DISCOs, contractors over alleged misuse of $321m loans for electricity projects
The House of Representatives Public Accounts Committee has summoned the Central Bank of Nigeria (CBN) and 11 Electricity Distribution Companies ...
CBN Begins Clearing of $7 Billion Foreign Exchange Backlogs
The Central Bank of Nigeria (CBN) has commenced the clearing of estimated $7 billion outstanding foreign exchange obligations of the ...
Ex CBN Governor Godwin Emefiele Detained by EFCC
Former Governor of the Central Bank of Nigeria, Godwin Emefiele, is reportedly currently under detention at the Economic and Financial ...
Reps invite CBN governor over plans to lift forex restriction on 43 items
The House of Representatives has resolved to invite the Governor of the Central Bank of Nigeria (CBN) over the bank’s ...
How CBN Will Solve Naira Depreciation Crisis – Cardoso
The governor of the Central Bank of Nigeria (CBN), Olayemi Michael Cardoso, has said the apex bank under his watch ...
Senate to Screen Cardoso, Two Ministerial Nominees
The Senate is set to screen Dr. Olayemi Cardoso, the acting Governor of the Central Bank of Nigeria (CBN), today, ...
Nigeria’s Currency in Circulation Surges to N2.7 Trillion – Reports
Data released by the Central Bank of Nigeria (CBN) indicates a significant surge in currency in circulation (CIC) in Nigeria, ...
Dr. Olayemi Cardoso Assumes Office as CBN Governor
Dr. Olayemi Cardoso has assumed office as Governor of the Central Bank of Nigeria, CBN, a statement by the Director ...
El Rufai’s Commissioner, Dattijo Named CBN Deputy Gov
President Bola Tinubu has appointed Muhammad Sani Abdullahi Dattijo as the Deputy Governor of the Central Bank of Nigeria (CBN). ...
CBN to Take Measures to Save Forex Market
The Central Bank of Nigeria (CBN) will soon come up with stringent measures to stabilise multiple exchange rate in the ...
We’ve Followed Due Process in Handling Emefiele, Bawa, Kanu Cases – DSS
In the wake of allegations that the Department of State Services (DSS) has been disregarding court orders, the secret service ...
CBN Raises Interest Rate to 18.75%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Monday raised the country’s Monetary Policy Rate ...
JUST IN: Suspended CBN Governor Godwin Emefiele Arrives in Court
Godwin Emefiele, the suspended Governor of the Central Bank of Nigeria (CBN), arrived at the Federal High Court in Lagos ...
CBN upgrades eNaira
THE NATION NEWS The Central Bank of Nigeria (CBN) has upgraded the eNaira by introducing a chip-enabled Near Field Communication ...
57.96 million BVN issued as CBN threatens accounts closure – PUNCH NEWS
The total number of issued Bank Verification Numbers rose to 57.96 million as of July 3, 2023, according to data ...
Tinubu Confers Nigeria’s Second Highest National Honour On Indian PM, Modi
President Bola Tinubu has conferred the Grand Commander of the Order of the Niger (GCON), Nigeria’s second-highest national honour,...
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21 Nov · FX Source: CurrencyRate
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