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Central Bank of Nigeria

Government

Transparency Triumphs: Nigerian Central Bank to Pay N1 Million Fine for Denying Information to Rights Group

Pius Godsday | Politics Reporter -
ABUJA, Nigeria - The Federal High Court in Abuja has ruled in favour of the Media Rights Agenda, MRA, ordering the Central Bank of...
Economy

Counterfeit Naira Notes Crisis Rocks Anambra State: Leader Alerts Central Bank of Nigeria

Ekamma Jacobs | Staff Reporter -
AWKA, Nigeria - Anambra State has been struck by a surge of counterfeit N200 notes, prompting a top community leader to issue a warning...
Government

It’s Final: ‘Old N200, N500, N1000 Naira Notes Have Ceased To Be Legal Tender’ – CBN Insists

Agency Reports -
The Central Bank of Nigeria (CBN) has declared that the old N200, N500 and N1000 have ceased being legal tender since February 10, 2023. CBN...
Government

BREAKING: Central Bank Extends Deadline For Swapping Old Naira Notes To February 10

Ekamma Jacobs | Staff Reporter -
The Central Bank of Nigeria (CBN) has announced a 10-day extension of the deadline for using old naira notes across Nigeria. Godwin Emefiele, the governor...
Government

President Buhari To Unveil New Naira Notes Design On Wednesday

Wires | The Trent -
Godwin Emefiele, the governor of the Central Bank of Nigeria, CBN, on Tuesday, November 22, 2022,  said President Muhammadu Buhari will unveil newly designed...
Business

Nigeria’s SEC Working To Remove Cryptocurrency Ban

Wires Editor | The Trent -
Nigeria was the center of one of the most unlikely and shocking developments in the world of cryptocurrencies so far back in February when...
Government

CBN Releases List of Financial Institutions Exempt From Lockdown In Lagos, Ogun, and FCT

Wires Editor | The Trent -
Further to the federal government directive to carry out a two-week lockdown in Lagos, Ogun and the Federal Capital Territory, Abuja to check the...
Economy

CBN Returns Excess N60 Billion Charged From Customers’ Accounts By Banks

Doyin Ajayi | Sub-Editor -
The Central Bank of Nigeria, CBN, said it has recovered over N60 billion excess charges imposed by banks on customers and returned the money...
Government

Opening Nigeria’s Borders Now Could Cripple Local Rice Farmers – Emefiele

Ekemini Ekwere | News Reporter -
Godwin Emefiele, the governor of the Central Bank of Nigeria, has said though the country cannot afford to have its borders shut in perpetuity,...
Economy

Central Bank Introduces Policy For Loan Defaulters To Lose Deposits In Other Banks

Salisu Sulaimon | Sub-Editor -
To increase retail credit and curb the rising cases of non-repayment of such facilities, bank customers, who take loans but default in paying back,...
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