CBN

CBN: Old naira notes remain legal tender indefinitely

The Central Bank of Nigeria (CBN) says the old naira notes will remain legal tender indefinitely. It would be recalled…

1 year ago

CBN, NBET, power firms owe NDPHC N180bn

The debt profile of Nigeria’s power system to the Niger Delta Power Holding Company (NDPHC) stands between N150 billion and…

1 year ago

Saudi govt to invest in Nigeria’s refineries, support CBN’s FX reforms

Saudi Arabian government has pledged to invest in the revamp of Nigeria’s refineries, as well as provide financial support to…

1 year ago

Old, new naira notes remain legal tender – CBN

The Central Bank of Nigeria (CBN) on Wednesday, November 8, 2023 declared that all old and new naira banknotes remain…

1 year ago

Sanusi: CBN must drive down inflation rate

Former Emir of Kano and onetime Governor of the Central Bank of Nigeria (CBN), Muhammadu Sanusi, has expressed concerns at…

1 year ago

Cardoso: I’ll make CBN impactful to Nigerians by curtailing inflation

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, says the CBN, under his leadership, will focus mainly on…

1 year ago

Reps summon CBN, DisCos over $321m, N18.2bn loans for electricity projects

The House of Representatives Public Accounts Committee has summoned the Central Bank of Nigeria (CBN) and 11 Electricity Distribution Companies…

1 year ago

CBN: Why there’s naira scarcity

The Central Bank of Nigeria (CBN) has disclosed the reasons behind the scarcity of naira notes across the country. Some…

1 year ago

CBN: No plan to redenominate naira

The Central Bank of Nigeria (CBN) says it has no plans to redenominate the country's legal tender, naira. The CBN…

1 year ago

Court to EFCC, CBN: Transfer ex-NNPC GMD’s $9.8m to registrar’s account

Court to EFCC, CBN: Transfer ex-NNPC GMD’s $9.8m to registrar’s account A Federal High Court (FHC), Abuja, on Monday, ordered…

1 year ago

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