Tag: CBN
Ekiti joins states suing FG, CBN over Naira crisis
The statement said the suit, with the number SC/CV/162/2023, had Attorneys General of Kaduna State, Kogi State and Zamfara State…
‘You’re enemy of Nigerians’ – Wike tackles PDP over naira redesign policy
Wike who noted that the poor implementation of naria redesign policy has resulted in socioeconomic hardship for Nigerians spoke at…
Council of State to CBN: Push out more new naira notes or recirculate old ones
According to them, while members of Council of State were in support of the naira redesign policy, they noted that…
CBN, ICPC, CSO, others monitor POS transactions in Edo
By Jethro Ibileke Authorities of the Central Bank of Nigeria (CBN), Benin Branch, on Thursday monitored operators of Point of…
Currency swap: Obaseki tackles El-Rufai
By Jethro Ibileke Governor Godwin Obaseki of Edo has distanced himself from the comments and moves by the Governor of…
Naira swap: Wike disowns Atiku, PDP, hails Supreme Court
PDP and Atiku had despite the hardship inflicted on Nigerians by scarcity of the new naira notes had encouraged the…
(Breaking) Naira, fuel crises: Sanwo-Olu rolls relief packages, slashes BRT, LAGFERRY fares
The governor, in a press conference in Marina announced 50 percent reduction on all Lagos State public transport system, such…
Cash crunch: CBN disburses ₦1.6bn to banks in Edo
He said: “We are pushing out money regularly. On Sunday, we gave banks N400 million. That is why they were…
2023 Elections, News, Top Stories
How Tinubu reacted to Supreme Court ruling on CBN Naira Swap policy
According to Tinubu, the Governors especially the APC Governors who instituted the suit against the CBN and Federal Government at…
Breaking: Supreme Court stops FG, CBN from withdrawing old Naira Notes
The apex court delivered the ruling in a suit filed by Governors Nasir El-Rufai Yahaya Bello and Bello Matawalle of…
Breaking: IMF advises CBN to extend date for currency swap
The IMF has advised the Central Bank of Nigeria, CBN to extend the deadline for the swap of the old…
JUST IN: Buhari meets Emefiele, Tambuwal, Bagudu, others over Naira crisis
The meeting, held at the State House, Abuja, was to deliberate on the CBN's Naira redesign policies which has impoverished…
Court orders CBN not to extend deadline for Naira swap
Four political parties had gone to court to seek an injunction asking the CBN, Buhari and the banks from extending…
Scarcity of naira notes: Sowore tackles Peter Obi
Sowore, against the hardship being experienced by Nigerians in getting the new naira notes, had called for sack of the…
CBN deceived Buhari as naira redesign policy senseless – Oshiomhole
He said the Buhari he knew would have no difficulty in agreeing, saying that the CBN governor Godwin Emefiele knew…
Breaking: Give me 7 days, I will resolve cash crunch crisis – Buhari tells Nigerians
The president spoke with the Progressive Governors Forum who came to the Presidential Villa to seek solutions to the cash…
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…
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…
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…
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…
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…
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…
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…
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 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…
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…
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…
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,…
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…
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…