Tag: CBN
Council of State endorses naira redesign policy
The members of the Council of State have thrown their weight behind the Central Bank of Nigeria’s naira redesign policy.
This was made known after...
Lagos approves 50% cut in transport fare, creates food banks
The Lagos State Government has announced palliative measures to cushion effects of the fuel and cash swap crises on residents.
Governor Babajide Sanwo-Olu, on Wednesday,...
Naira redesign: Kaduna govt lauds Supreme Court ruling
Kaduna State Government and millions of its residents have applauded the ruling of the Supreme Court, extending the use of the old naira notes...
Cash swap: Buhari meets Emefiele after Supreme Court ruling
President Muhammadu Buhari has met with the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, at the Presidential Villa in Abuja.
This is...
IMF to CBN: Suspend deadline for cash swap to ease hardship
The International Monetary Fund (IMF) has tasked the Central Bank of Nigeria (CBN) to extend the February 10 deadline on the old naira notes.
The...
CBN: Naira redesign won’t affect 2023 elections
The Central Bank of Nigeria (CBN) says naira redesign won’t affect the 2023 general election, stressing that it will provide required cash and other supports...
Old naira notes: Court stops CBN, FG from extending deadline
An Abuja High Court has stopped the Federal Government and the Central Bank of Nigeria (CBN) from extending the deadline for the validity of...
EFCC arrests bank’s manager for hoarding N29m new notes
An Operations Manager of a leading commercial bank in Abuja Central Area was on Monday, February 6, 2023, arrested by operatives of the Economic...
Kaduna, Kogi, Zamfara sue FG over Naira redesign policy
Kaduna, Kogi and Zamfara states have instituted a suit against the Federal Government seeking a restraining order to stop the full implementation of the...
Osinbajo to CBN: Work with fintechs to end naira scarcity
Vice President Yemi Osinbajo has urged the Central Bank of Nigeria (CBN) and commercial banks to work with all financial technology companies (fintechs) and...
