Tag: CBN
New naira notes flood parties despite shortage at banks
Huge wads of the newly redesigned naira notes have flooded several events in the country despite complaints by several banks that they had run...
ACF: CBN’s cashless policy’ll collapse Nigeria’s economy
The Arewa Consultative Forum (ACF) says the Central Bank of Nigeria’s (CBN) cashless policy would lead to the collapse of the informal sector of...
Banks dispense redesigned naira notes to customers
Commercial banks in Nigeria, on Thursday, commenced the dispensation of newly redesigned naira notes to customers.
Scores of customers were paid the newly redesigned naira...
Senate to CBN: Review weekly cash withdrawals limit
The Senate has urged the Central Bank of Nigeria (CBN) to considerably adjust withdrawal limits in response to public outcry on its proposed weekly...
CBN to Nigerians: Abuse naira, go to jail
The Central Bank of Nigeria (CBN) has said those abusing the naira were liable to go to jail.
The CBN warned that the law banning...
Senate postpones debate on CBN’s cash withdrawal limits
The Senate has shifted its debate on the Central Bank of Nigeria (CBN) new policy on cash withdrawals till Wednesday, December 14, 2022.
The Senate...
Presidency defends Emefiele on stamp duty collection
The Presidency has dismissed as fake and untrue that the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, could not account for...
Buhari to Emefiele: Don’t be afraid over cashless policy
President Muhammadu Buhari has given his nod to the Central Bank of Nigeria's new policy on cash withdrawals.
The Senate had opposed the withdrawal limit...
CBN begins distribution of new naira notes to banks
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says the apex bank has commenced the distribution of the redesigned naira notes...
Emefiele: CBN, banks now have N1.5trn old notes in vaults
The Central Bank of Nigeria (CBN) has mopped up over N500 billion old naira notes from the circulation.
Governor of CBN, Godwin Emefiele, made the...
