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The Governor of Kaduna State, Nasiru El-Rufai has claimed that what was approved by President Muhammadu Buhari was different from what the Central Bank of Nigeria,...
Residents of Lokoja, the Kogi State capital, are currently in a fix over the scarcity of both the old and the new Naira notes. The trauma...
Traders in Ondo State have continued to reject the old naira notes as means of legal tender in the State. This is despite the 10 days...
The Central Bank of Nigeria, CBN, on Sunday extended the deadline for the exchange of old naira notes. The exercise is now to end on February...
The Central Bank of Nigeria, CBN, has vowed to impose stiffer sanctions on financial institutions hoarding the new naira notes. The apex bank issued the threat...
The Central Bank of Nigeria, CBN, has ruled out an extension of the January 31 deadline for naira deposits. CBN Governor, Godwin Emefiele confirmed this on...
The maximum lending rate in the banking sector hit 29.13 per cent, while savings deposit rates stood at 4.13 per cent as of December 2022. On...
The Central Bank of Nigeria (CBN) has countered claims that its new policy limiting cash withdrawals is targeted at point-of-sales (PoS) agents in particular. Though the...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has voted to increase the benchmark interest rate (MPR) by 100 basis points to 16.5%,...
The Governor, Central Bank of Nigeria, Godwin Emefiele, has announced that the bank would release re-designed Naira notes by December 15, 2022. He also said that...