Tag: Central Bank of Nigeria (CBN)
CBN issues N120m new notes to agents in Katsina
“And the agents are supposed to collect from the banks N500,000 per week to disburse in their Communities. We know…
Cash swap: CBN deploys 200 agents in Jigawa
“Within Jigawa state, we have about 200 agents engaged because we’ve noticed that in rural areas, we have unbanked communities…
Amid scarcity of new Naira notes CBN claims massive supplies
Emefiele advised citizens to deposit their old notes at any commercial bank and obtain new ones as soon as possible,…
Banks in Ogun have sufficient new naira notes to dispense to public – CBN
The CBN also said its monitoring of activities of banks in Ogun state for the past two weeks have revealed…
ATMs now dispensing new notes in Lagos
Twelve days to the deadline after which the old notes will cease to be legal tender, the apex bank’s team…
CBN to sanction banks dispensing old Naira notes
He reminded them that the old N200, N500 and N1,000 notes would cease to be legal tender on Jan. 31,…
CBN begs banks to come for new naira notes as phase out date nears
When asked why some people were selling the new notes, Salam-Alada said that anyone caught selling the new notes or…
DSS: Our operatives didn’t invade CBN
Some reports on Monday had indicated that operatives of DSS invaded CBN as part of the bid to arrest Godwin…
Redesigned Naira: CBN to monitor compliance by commercial banks
According to the CBN director, commercial banks who refuse to comply with the apex bank’s directive, will be penalized.
New Naira Notes: CBN refutes claims on over counter withdrawals
According to him, the direction to banks to disburse new notes via Automated Teller Machines (ATM) intended to supplement over-the-counter…
Cashless: Senate wants new policy reviewed
However, some senators, before the adoption of the recommendations of the report raised concerns over the planned implementation of CBN’s…
Experts back review of cash withdrawal limit
The experts spoke against the background of the CBN Governor, Mr Godwin Emefiele’s comment that government would not be rigid…
CBN speaks on purported plan to introduce N5000 note
According to the apex bank, if there is a need for note restructuring, it would need to coin the lower…
CBN to Finance Minister Ahmed: Buhari approved redesign of naira notes
Godwin Emefiele, the Governor of Central Bank of Nigeria had at a press conference on Wednesday announced the plan to…
CBN to redesign three Naira notes before December
Emefiele said that the action was taken in order to take control of the currency in circulation.