CBN

Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele on Tuesday appeared before the ad hoc committee of the House of Representatives on the cashless policy and deadline for the replacement of old currency notes. Emefiele,…

The House of Representatives Committee investigating the removal of old currency notes from circulation has rejected the 10 days extension by the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. Ado Doguwa, the…

The Central Bank of Nigeria (CBN) has finally extended the deadline for the exchange of old naira notes by 10 days. In a press statement issued on Sunday, Godwin Emefiele, the CBN governor, said the new deadline is February 10, 2023.…

Kano State Government and Islamic clerics from Tijjaniyya, Qadiriyya, and Izala sects in the state have called on the Federal Government to extend the January 31 deadline set by the Central Bank of Nigeria, to stop accepting old naira…

Central Bank of Nigeria, CBN, has promised to impose stiffer sanctions on financial institutions hoarding the new naira notes. The apex bank issued the threat on Wednesday in reaction to the allegation that enough notes were not…

House of Representatives may be on a collision course with the Central Bank of Nigeria over the redesign of naira notes and the January 31 deadline set for the exchange of the old notes with the new ones. An ad hoc committee set up…

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has said the recent release of three redesigned naira notes has somehow reduced kidnapping and ransom-taking by armed men. The CBN governor, who spoke after the apex…

As the January 31, 2023 deadline of the Central Bank of Nigeria (CBN) on the old and the new currency notes nears, the apex bank has encouraged Nigerians to adopt other channels of payment. The Director, Legal Services and Legal…

Guaranty Trust Bank (GTBank), Stanbic IBTC, others have been excluded from the cash swap programme by the Central Bank of Nigeria (CBN). Ripples Nigeria had reported that the central bank initiated a cash swap programme in…

The Senate has once again asked the Central Bank of Nigeria (CBN) to extend the deadline for the stoppage of the use of old naira notes from January 31 till July 31, 2023. With one week to the deadline for the termination of the use…

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Tuesday said the apex bank will not extend the deadline to halt the use of the old 200, 500 and 1000 Naira notes. Emefiele said this during the CBN/Monetary Policy…

The 774 Local Government Areas of the federation now have Cash Swap Centres set up by the Central Bank of Nigeria (CBN). This was stated in a circular the apex bank released over the weekend. The circular, dated January 20, 2023,…

The apex bank has revealed that Central Bank of Nigeria (CBN) Governor, Godwin Emefiele is in his office, going about his business. This CBN said this in response to online reports that heavy police presence was observed at his…

Governors of the 36 states have planned to meet with the Central Bank of Nigeria, Godwin Emefiele, on Thursday over the present withdrawal policy and the redesigned naira notes. The governors under the auspices of the Nigeria…

The Central Bank of Nigeria  (CBN) has injected $15.3bn into the economy to stabilise the value of the naira from January to October, 2022. This was obtained in the banking sector regulator’s monthly and quarterly economic reports on…