Tag: CBN
CBN spends N58.bn to print banknotes in one year
The Central Bank of Nigeria (CBN) spent a total of N58,618.50 million to print banknotes in 2020.
This was revealed in the annual report of...
eNaira: CBN raises the alarm over fraudsters’ 50bn offer, fake twitter...
The Central Bank of Nigeria (CBN) has raised the alarm over the activities of fraudsters following the launch of the digital currency, eNaira.
The apex...
CBN releases guidelines for eNaira, no charges for 90 days
Following the launch of the eNaira by President Muhamadu Buhari, the application for the digital currency introduced by the CBN has become available for...
Emefiele to Buhari: Mr. President, we must stop import dependency
Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has expressed worries over widespread import dependency, which has wiped out most of the nation’s...
Digital currency: Why I approved eNaira, by President Buhari
President Muhammadu Buhari has painstakingly explained why he approved the use of the digital currency, eNaira.
The President, who spoke on Monday in Abuja at...
Buhari to unveil CBN’s eNaira on Monday
President Muhammadu Buhari will formally unveil the Nigerian Central Bank Digital Currency (CBDC), known as the eNaira, on Monday October 25, 2021, at the...
CBN: Nigerian banks remain stable, resilient despite COVID-19
In spite of the COVID-19 pandemic, Nigerian banks have remained stable, robust and resilient.
This is the submission of the Central Bank of Nigeria (CBN).
The Director,...
CBN: How Nigerian graduates can access N5m, N25m to fund projects
To address the rising youth unemployment in the country, the Central Bank of Nigeria (CBN) has designed a scheme to create a paradigm shift...
Lagos Blue Line project gets CBN’s N60bn support
The Central Bank of Nigeria (CBN) on Thursday said that it had supported the Lagos State Blue railway line project with N60 billion to...
