Tag: CBN
Naira notes: Buhari decries banks’ inefficiency, to take major decision in...
President Muhammadu Buhari on Friday, February 3, lambasted Nigerian banks, declaring that most of them are inefficient.
“Some banks are inefficient and only concerned about...
CBN, police, EFCC to prosecute naira hawkers, abusers
The Central Bank of Nigeria (CBN) says it is working with the Nigeria Police Force (NPF), the Federal Inland Revenue Service (FIRS), and the...
CBN orders banks to pay Nigerians N20,000 new notes
The Central Bank of Nigeria (CBN) has directed commercial banks in the country to start paying N20,000 new notes to customers over the counter.
The...
CBN to banks: Pay new naira notes over the counter
The Central Bank of Nigeria (CBN) has directed commercial banks in the country to start paying new 200, 500, 1,000 naira notes to customers...
Concern as ATMs fail to dispense new naira notes in Lagos,...
Barely 24 hours after the extension of the deadline for the validity of old 200, 500, and 1000 naira notes, many Automated Teller Machines...
Old notes: CBN, banks mop up N1.9trn, N900bn still with Nigerians
The Central Bank of Nigeria (CBN) and commercial banks have mopped N1.9 trillion old naira notes from circulation, leaving N900 billion with Nigerians.
A staggering...
Old naira notes: APC campaign hails CBN for deadline extension
The All Progressives Congress (APC) Presidential Campaign Council has commended the Central Bank of Nigeria (CBN) for extending the deadline for the validity of...
Old naira notes: Reps reject deadline extension, threaten Emefiele with arrest
The House of Representatives Adhoc Committee on new naira redesign and naira swap policy has rejected the ten days extension of the deadline for...
Old naira notes: CBN extends deadline to Feb 10
The Central Bank of Nigeria (CBN) has extended the deadline for the collection of old naira notes to February 10, 2023.
The CBN had fixed...
New naira notes: January 31 deadline remains unchanged — CBN
The Central Bank of Nigeria (CBN) says the January 31 deadline for the validity of the old naira notes remained unchanged.
The CBN made this...
