President Bola Tinubu has approved the nomination of Dr. Olayemi Michael Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN), for...
The Central Bank of Nigeria (CBN) has confirmed that old N200, N500, N1,000 notes will remain legal tender until December 31, 2023.. The apex bank’s Acting...
President Muhammadu Buhari has ordered CBN to release the old N200 note back into circulation until April 10th, 2023 when it will stop to be a...
The Nigeria Police Force (NPF) on Friday commenced the arrest of naira sellers and abusers across the country.. A statement by Force Public Relations Officer, CSP...
The Central Bank of Nigeria has increased the maximum weekly limit for cash withdrawals across all channels by individuals and corporate organisations to N500,000 and N5...
The Association of Mobile Money and Bank Agents in Nigeria has expressed optimism that the Central Bank of Nigeria will reverse its cash withdrawal limits policy...
The House of Representatives postponed the appearance of the CBN governor, Godwin Emefiele to next week.. The appearance was rescheduled on Thursday after Emefiele notified the...
The revised cash withdrawal limit was released today in a statement issued by the apex bank.. A new policy directive concerning over-the-counter cash withdrawals has been...
In the face of a record inflation rate, the Central Bank of Nigeria, CBN, within the week, announced the redesigning of Naira’s higher denominations in a...
Professor Yemi Osinbajo has stated that Nigeria may need to further broaden the scope of its banking licences in order to accommodate more players in the...
