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In the dawn of a newly redesigned N200, N500, and N1000 banknotes launched a couple of weeks ago, the Central Bank of Nigeria (CBN) unveiled new...
The Central Bank of Nigeria has inaugurated a new policy that limits over-the-counter cash withdrawals by individuals and corporate entities to N100,000 and N500,000 per week....
Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN), has stated that the bank will cooperate with law enforcement organizations like the Independent Corrupt...
Following President Muhammadu Buhari’s announcement of the Central bank of Nigeria (CBN) new redesigned Naira notes, reactions have persisted. On Wednesday, the president revealed new...
The President, Muhammadu Buhari has unveiled the redesigned naira notes across the N200, N500 and N1,000 denominations today, 23rd November 2022. The new banknotes were introduced...
The benchmark interest rate (MPR) was increased by 100 basis points to 16.5%, the highest level since 2001, by the Monetary Policy Committee (MPC) of the...
A Nassarawa-based businessman, Ajogwu Ochada, on Thursday, recounted how he lost N200,000 in his business account with Zenith Bank. Ochada said that on July 3, he...
The Central Bank of Nigeria, CBN, has directed commercial banks in the country to work on Saturdays till January 31, 2023, to enable customers return existing...
Terrorist group, Islamic State of the West African Province (ISWAP) has been thrown in confusion over the Naira redesign proposed by the Central Bank of Nigeria...
One of the three naira notes that are set to be redesigned, according to Atiku Abubakar, the Peoples Democratic Party’s (PDP) presidential candidate, should have the...