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Central Bank of Nigeria
CBN releases guidelines for deposit of old notes at branches
The Central Bank of Nigeria (CBN) has released guidelines to deposit old versions of the redesigned naira notes at its...
IMF advises Nigerian Government to extend February 10 deadline for old Naira Notes
The International Monetary Fund (IMF) has urged the Federal Government of Nigeria to extend the February 10 deadline earlier fixed...
CBN to fine banks N1m daily to enforce distribution of new Naira notes
The Central Bank of Nigeria (CBN) is set to impose a fine of N1 million daily on any commercial bank...
CBN launches credit card, reveals benefits
The Central Bank of Nigeria (CBN) has commenced the deployment of the National Domestic Card Scheme. The card is designed...
Nigeria To Go Cashless March
In a major announcement that has formed a national debacle, the Nigeria Financial Intelligence Unit has disclosed that the nation...
CBN’s new cash withdrawal policy will send more Nigerians into poverty – NLC, by Stanley Ugagbe
The Nigeria Labour Congress (NLC) has averred that the Central Bank of Nigeria’s recent policy on withdrawal limit will send...
World Bank: Naira redesign will affect the poor and SMEs
The World Bank has talked about the negative impact the Naira redesign will have on Nigeria's economic activities. In a...
CBN, others to shut down money lenders harassing Nigerians
It has been announced by The Federal Competition and Consumer Protection Commission (FCCPC) that a joint committee which would tackle...
Igbo traders write an open letter to CBN on charges and deductions of commercial banks
Igbo traders under the umbrella of the South-East Amalgamated Markets Traders Association (SEAMATA) have asked the Central Bank of Nigeria...
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