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Tag: CBN

Naira fluctuations have prompted businesses to adapt, says Bunmi Adeleye of Retail Supermarkets Nig. Ltd, owners of Shoprite Nigeria.

Business, Top Stories

JUST IN: CBN issues new order to banks on new naira notes

This is as a result of scarcity of the new notes across ATMs in the country and the banks being…

News, Top Stories

Anti-democrats devising to buy votes are those shouting against CBN’s naira redesign – Atiku

The former vice president said the additional ten days given by the CBN would enable people in the rural areas…
CBN intensifies campaign on the new naira notes towards the 31st, January deadline for the stoppage of the use of the old notes in Ogun.

News

Redesigned Naira notes: CBN intensifies sensitization of Nigerians

Adejoke Adeleye/ Abeokuta The Central Bank of Nigeria, CBN, has intensified its campaign on the new naira notes towards the…

Business, Top Stories

JUST IN: No going back on Jan. 31st deadline to phase out old notes – CBN

CBN Governor, Godwin Emefiele, who spoke at the apex bank's Monetary Policy Committee meeting in Abuja, stated that Nigerians were…
Emefiele: Ex-CBN director confirms receiving $2.5m as gift from $6.2m election money

Business, Top Stories

JUST IN: CBN surrenders, reviews weekly cash withdrawal limits 

According to Mustapha, in compelling circumstances where cash withdrawals above the limits is required, they shall be subject to a…
Gbajabiamila

News

N89 trillion stamp duties controversies: Gbajabiamila disowns Rep Kazaure

Kazaure, in a viral video, had accused Governor of CBN, Godwin Emefiele, of attempts to cover-up facts surrounding the collection…
Lawyer and rights activist, Femi Falana, (SAN) opposes ex-President of NBA, Olisa Agbakoba (SAN) on the legal status of EFCC.

News, Top Stories

Falana attacks CBN: “You can’t impose N100,000 per week withdrawal limit on Nigerians”

The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DMOs) and other financial institutions to ensure that weekly…

Business, News, Top Stories

Breaking: CBN limits maximum cash withdrawal from ATM to N100,000 per week

A memo from the CBN on Tuesday said daily maximum withdrawal from ATM would now be N20,000.
Buhari

News

Buhari to unveil redesigned naira Wednesday

Speaking to newsmen after the Monetary Policy Committee (MPC) meeting on Tuesday, Emefiele said the unveiling of the redesigned naira…
EFCC

Business, Top Stories

CBN orders banks nationwide to work on Saturdays

He explained that the new and existing currencies shall remain legal tender and circulated together until Jan. 31, 2023, when…
Emefiele: Ex-CBN director confirms receiving $2.5m as gift from $6.2m election money

Business, Top Stories

Real reason CBN is redesigning Naira notes

Abdulmalik also said the apex bank’s major mandate, which was issuance of currency was a serious challenge to the bank…
But for prayers, the value of the naira would have crashed up to N I0, 000 to a dollar, says General Overseer of RCCG, Pastor E.A. Adeboye.

Headlines, News, Top Stories

Pastor Adeboye tackles FG over plan to redesign naira

CBN Governor, Godwin Emefiele had on 26 October announced plan by the apex bank to issue the redesigned N200, N500,…
Gov. Godwin Obaseki of Edo says federal government must renegotiate with states for solutions to the nation's current economic challenges.

Headlines, Politics

CBN’s planned redesign of Naira political, diversionary – Obaseki

While lambasting the federal government for the move, Obaseki said the redesign of the nation’s currency should not have been…
Why Nigeria, African countries can’t prosper – Moghalu

News

Moghalu hails CBN’s plan to redesign Naira notes

Although Moghalu supported the process, he advocated a 90-day window for implementation. According to him, the plan is necessary for…
Emefiele: Ex-CBN director confirms receiving $2.5m as gift from $6.2m election money

Business

CBN replies Finance Minister: Buhari gave us go ahead to redesign Naira notes

The apex bank made this known via its verified twitter account on Saturday, urging Nigerians to support the measure as…
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