Tag: CBN

The Central Bank of Nigeria (CBN) has directed Deposit Money Banks to collect outdated N500 and N1,000 notes from customers as a result of the cash shortage afflicting the nation.…

The portal created by the Central Bank of Nigeria (CBN) for the collecting of obsolete naira notes is not functioning. In an effort to facilitate a seamless implementation of the…

Due to a shortage of new notes, the Central Bank of Nigeria (CBN) has opened a portal for bank customers to deposit their old naira notes. The CBN gave a…

Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN), is presently present in Aso Villa. Hours after President Muhammadu Buhari spoke to Nigerians about the difficulties brought on…

Two people who purchased the stolen car that belonged to Mr. Kehinde Fatinoye, a former employee of the Central Bank of Nigeria (CBN), and his wife, Bukola Fatinoye, were detained…

In a lawsuit against the Federal Government of Nigeria over the demonetization policy that resulted in the introduction of new versions of the N200, N500, and N1000 notes, the Ogun…

The CBN has threatened to pursue legal action against Point of Sale (PoS) providers that overcharge for transactions in an effort to take advantage of the country’s present cash shortage.…

The previous N200, N500, and N1000 notes are no longer considered legal tender as of February 10, 2023, according to the CBN. This occurs despite the Supreme Court of Nigeria’s…

The Ekiti State administration has asked to be included as a co-plaintiff in a Supreme Court lawsuit brought against the federal government over the Central Bank of Nigeria’s (CBN) deadline…

The Nigerian Security Printing and Minting Company Plc (NSPMC) has the ability and resources to produce the necessary number of the new Naira notes, according to the Central Bank of…