Tag: CBN
New naira notes: January 31 deadline sacrosanct — Emefiele
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says the January 31 deadline to stop the circulation of old naira notes...
CBN raises interest rate to 17.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the country’s Monetary Policy Rate (MPR) by 100 basis points...
Bank customers decry scarcity of new naira notes, CBN reacts
Some bank customers have decried the scarcity of the redesigned naira notes in Deposit Money Banks (DMBs) and Other Financial Institutions (OFIs).
This is coming...
New naira notes: Govs back redesign policy, set up c’ttee to...
The Nigeria Governors’ Forum (NGF) has set up a six-member committee to engage the Central Bank of Nigeria (CBN) to address anomalies in the...
CBN: We’ll ensure circulation of new naira notes in rural areas
The Central Bank of Nigeria (CBN) has allayed the fears of rural dwellers at accessing the new naira notes before they cease to become...
New naira notes: CBN threatens to fine banks N1m daily
The Central Bank of Nigeria (CBN) has vowed to fine any commercial bank that failed to pick up new naira notes for distribution N1...
CBN: We’ll sanction banks hoarding new naira notes
The Central Bank of Nigeria (CBN) has vowed to sanction any commercial bank found hoarding the new naira notes, saying it has produced enough...
Emefiele meets Buhari over new naira notes
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has met with President Muhammadu Buhari over the activities of the apex bank,...
$53m debt: Emefiele asks Appeal Court to set aside judgement summons
The Governor of the Central Bank of Nigeria, (CBN), Godwin Emefiele, has asked the Appeal Court to set aside an order of a lower...
Governors invite Emefiele over new naira notes
The 36 state governors have invited the Governor of the Central Bank of Nigeria (CBN), Godwin Emiefele, to a virtual meeting over issues on...