CBN

Auto finance: CBN, NADDC discuss new options for vehicle buyers

The Director General of the National Auotomotive Design and Development Council, Jelani Aliyu, says the agency has commenced discussions with…

4 years ago

No Plan to Withdraw Naira Notes from Circulation, Says CBN

The Central Bank of Nigeria (CBN) Saturday dispelled rumours that it planned to replace the Naira notes in circulation with…

4 years ago

CBN to penalise banks for depositing mutilated notes

The Central Bank of Nigeria (CBN), at the weekend, warned Deposit Money Banks (DMBs) to immediately desist from bringing mutilated banknotes…

4 years ago

IMF: eNaira, other crypto better than bitcoin

The IMF says central bank digital currencies (CBDCs) such as eNaira are a better bet than cryptocurrencies including bitcoins and…

4 years ago

CBN to begin e-invoice for imports, exports February 1

The Central Bank of Nigeria says all import and export operations will require the submission of an electronic invoice authenticated…

4 years ago

How to halt N1t electricity subsidy, CBN’s N1.5t interventions

Electricity stakeholders in the country, yesterday, insisted that removal of subsidy in the power sector was feasible if the Federal…

4 years ago

CBN Grants Airtel Approval-in-Principle to Operate Super Agent

The Central Bank of Nigeria (CBN) yesterday granted Airtel Nigeria the approval in principle to operate super-agent network in Nigeria.…

4 years ago

18 Days after Launch, CBN’s eNaira Registers 488,000 Subscribers in 160 Countries

Barely 18 days after its launch, 488,000 consumer wallets have been on-boarded to Nigeria’s Central Bank Digital Currency (CBDC) platform…

4 years ago

CBN freezes bank accounts of firm, two Nigerians over crypto trading

The Central Bank of Nigeria has ordered bank accounts of a company and two individuals be frozen for reportedly trading…

4 years ago

eNaira: FG targets $29bn from blockchain, digital currency

Digital currency and its underlying technology, blockchain, can increase Nigeria’s Gross Domestic Product by $29 billion in the next 10…

4 years ago