Tag: CBN
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…
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…
Business, Headlines, Top Stories
CBN did not consult me on plan to redesign naira – Finance Minister
Mrs Usman said she was not consulted before CBN announced the decision to introduce the new naira notes.
Why CBN is redesigning Naira notes – Emefiele
Emefiele said this while announcing plans by the apex bank to put redesigned N200, N500 and N1,000 denominations in circulation…
House of Reps asks CBN to suspend sale of Polaris Bank
he House urged the committee to take action necessary to ensure that the public funds committed to Polaris Bank were…
CBN leading economic diversification – Emefiele
The Central Bank of Nigeria (CBN) says it is leading the drive towards diversifying the nation’s economy away from oil…
JUST IN: CBN jacks up interest rate again to 14 percent
This is the second time the apex bank is hiking the interest rate in two months. In May the CBN…
INEC will no longer keep sensitive election materials with CBN: Yakubu
The Independent National Electoral Commission (INEC) has confirmed that sensitive electoral materials will in the meantime no longer be routed…
Business, Headlines, Top Stories
CBN jacks up interest rate to 13 percent
The interest rate had been at 11.5 percent initially before the hike by the apex bank on Tuesday.