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In order to prevent the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, from leaving the country before May 29th, when the current administration of President Muhammadu Buhari will leave…
According to CBN, legal tender now includes both old and new Naira notes. Dr. Isa Abdulmumin, acting director of corporate communications at CBN, said this on Tuesday, March 7, according…
The Central Bank of Nigeria (CBN), the country’s central bank, has refuted the rumor that all financial transactions will be suspended from February 23 through February 27. Beware of fake…
The litigation brought by a few State governors to contest the Central Bank of Nigeria’s (CBN) naira redesign policy has been postponed by the Supreme Court until March 3. This…
Aisha Buhari, the first lady of Nigeria, has accused hackers of being responsible for a bogus Central Bank of Nigeria (CBN) statement that was posted on her Instagram profile on…
The new naira redesign strategy of the Central Bank of Nigeria is misunderstood by a significant portion of Nigerians, according to the National Orientation Agency (NOA), which has stated that…
This morning, banks kept obtaining old N500 and N1,000 bills from clients. The Central Bank of Nigeria has previously claimed that it had not instructed banks to collect old N5,000…
The Central Bank of Nigeria (CBN) denied media claims on Friday that it had given the Deposit Money Banks (DMBs) permission to collect the outdated N500 and N1,000 banknotes from…
The Central Bank of Nigeria (CBN) has directed Deposit Money Banks to collect outdated N500 and N1,000 notes from customers as a result of the cash shortage afflicting the nation.…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…
