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Scarcity of Naira Notes: Peter Obi sends Strong Message to Nigerians on...

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Peter Obi has said the current pain and inconvenience created by redesigning the Naira would bring significant long-term economic and social benefits. Obi also urged...

Naira note scarcity: POS operators dominate market, device new strategy

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While the new and the old naira notes remain scarce around the country, operators of Point of Sale, popularly known as POS have become...

Banks hoarding new naira notes risk stiffer sanction – CBN

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The Central Bank of Nigeria, CBN, has vowed to deal and also impose stiffer sanctions on financial institutions hoarding the new naira notes. The apex...

CBN makes U-turn, reviews cash withdrawal limits to N500,000

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The Central Bank of Nigeria (CBN) on Wednesday, reviewed cash withdrawal limits to N500, 000 and N5 million for individuals and corporate accounts respectively. The...

Withdrawal Limit: I am not available to brief you – Emefiele...

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The Central Bank Governor, Godwin Emefiele has once again failed to appear before the House of Representatives over the cash withdrawal limit policy of...

Cash withdrawal limit: Ohanaeze youths back CBN

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Following the Central Bank of Nigeria, CBN Monetary Policy, the Apex Igbo socio-cultural organization, Ohanaeze Ndigbo Youth Council Worldwide has thrown its weight behind...

House of Representatives Order CBN to suspend new cash withdrawer Limit,...

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House of Representatives has asked the Central Bank of Nigeria (CBN) to suspend its new policy limiting weekly cash withdrawals by individuals and corporate...

CBN: Cash withdrawal above N100,000, N500,000 attract 5%, 10% charges

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The Central Bank of Nigeria, CBN, has issued a revised cash withdrawal policy, stating that cash withdrawals above N100,000 and N500,000 will henceforth attract...

Naira Redesign: Deji Adeyanju reveals those being targeted in 2023

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Deji Adeyanju, Popular socio-political activist on Tuesday, said the redesigning of the naira by the Central Bank of Nigeria, CBN, was targeted at the...

Emirates Suspends Nigerian Flight Indefinitely  

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United Arab Emirates (UAE) carrier, Emirates, has suspended its flights to Nigeria indefinitely, citing its trapped funds in Nigeria. The airline said it took the...

CBN has my backing on redesigning of naira notes- President Buhari

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President Buhari says he is fully in support of the Central Bank of Nigeria (CBN)’s move to redesign the naira notes. Recall that the apex...

Naira Redesign: CBN hits back at Finance Minister, says action legal

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The Central Bank of Nigeria (CBN) says it followed due process in its ongoing process to redesign the N200, N500, and N1,000 banknotes. The spokesman...

CBN to stop sale of Forex to banks by end of...

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The Central Bank of Nigeria has announced that it would stop the sale of foreign exchange to banks by the end of the year. CBN...

CBN slashes bank charges, ATM withdrawal, others

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The Central Bank of Nigeria (CBN) has slashed the charges and rates on some transactions including ATM withdrawal, ATM maintenance fees, interbank/intra-bank transfer, among...

CBN releases guidelines for eNaira

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Following the launch of the eNaira by President Muhammadu Buhari, the application for the digital currency introduced by the CBN is available for download. CBN...