CBN

Naira redesign: No charge on cash deposits, says CBN

As the Central Bank of Nigeria now allows banks to accept cash deposits above the previously set limit of N500,000,…

3 years ago

New naira notes to be printed locally, says CBN

•Policy targeted at opposition, says Obaseki There is no plan to print the proposed new naira notes outside Nigeria, a Central…

3 years ago

CBN Has My Backing For Redesigning Naira Notes – Buhari

President Muhammadu Buhari Sunday said the decision of the Central Bank of Nigeria (CBN) to launch new designs and replace…

3 years ago

Naira Redesign in Overall Interest of Nigerians, Economy – CBN

*Insists due approval sought, obtained from Buhari  *Moghalu backs apex bank, says policy will address insecurity The Central Bank of…

3 years ago

We only need presidential, not ministerial approval for naira redesign; CBN replies finance minister

The Central Bank of Nigeria has said the only approval it requires for its planned redesign of the naira is…

3 years ago

EFCC Endorses CBN’s Moves on New Naira Notes

The Economic and Financial Crimes Commission, EFCC, has applauded the move by the Central Bank of Nigeria, CBN, to redesign…

3 years ago

BREAKING: CBN Redesigns Three Naira Notes

The Central Bank of Nigeria Governor, Godwin Emefiele has said the apex bank will redesign three naira notes. He said…

3 years ago

CBN completes Polaris Bank sale to Strategic Capital, with N50bn upfront payment

The Central Bank of Nigeria (CBN) has completed the sale of Polaris Bank to Strategic Capital Investment Limited (SCIL), a…

3 years ago

Nigeria’s inflation to average 19% in 2022, says IMF

The International Monetary Fund (IMF) is projecting that Nigeria’s inflation will moderate to an average of 19 per cent by…

3 years ago

NACCIMA Hails CBN’s Resolve to Fight Inflation, Expresses Concern about High Cost of Fund

The National Association of Chambers of Commerce, Industries, Mines and Agriculture (NACCIMA) has tasked the Central Bank of Nigeria (CBN)…

3 years ago