Tag: CBN

We have to be in control of currency in circulation- Emefiele tells Reps

By Aminu Kutama The Central Bank Governor (CBN), Godwin Emefiele, is before the ad-hoc committee of the House of Representatives which is investigating the scarcity...

Banks will continue to accept old notes after deadline – Emefiele

By Aminu Kutama Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has clarified that banks will continue to accept the old naira notes...

CBN extends currency replacement deadline

By Aminu Kutama The Central Bank of Nigeria (CBN) has extended the deadline for the use of the old notes till February 10. CBN Governor, Godwin...

Kwankwaso chides CBN over Naira redesign, urges extension of deadline

By Aminu Kutama Presidential candidate of the New Nigeria Peoples Party (NNPP), Rabiu Musa Kwankwaso says the currency redesign policy of the Central Bank of...

Currency change in Nigeria: Balancing progress and people’s interests

By Yakubu Sani Wudil, PhD The Central Bank of Nigeria's announcement that some of the country's old notes will cease to be legal tender by...

Naira redesign: Ganduje begs CBN to extend deadline

By Aminu Kutama Kano State Governor, Dr. Abdullahi Ganduje, on Friday expressed sympathy for the people in the state over hardships occasioned by the January...

Naira Redesign: CBN insists on January 31 deadline

By Aminu Kutama The Central Bank of Nigeria (CBN) says its January 31, 2023 deadline for the validity of the old N200, N500 and N1,000...

CBN threatens to sanction banks dispensing old Naira notes

By Aminu Kutama The Central Bank of Nigeria (CBN) on Thursday threatened to sanction commercial banks in Ogun State dispensing the old naira notes. The apex...

Emefiele resumes, as CBN, DSS deny raid report

By Aminu Kutama The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele on Monday, resumed duty after his annual vacation abroad. CBN Director of...

Poor Nigerians to suffer from Naira redesign policy — Ndume

By Ismail Auwal Borno South senator, Ali Ndume, has cautioned that the Central Bank of Nigeria's (CBN) naira redesign programme could harm poor, low- and...

Just in: CBN bows to pressure, raises individuals weekly cash withdrawal limit to N500,000

By Ismail Auwal The Central Bank of Nigeria (CBN) has announced a review of its controversial new cash withdrawal policy, which pegged weekly withdrawal to...

CBN’s cash withdrawal policy will affect corrupt politicians—Sanusi

By Aminu Kutama The 14th Emir of Kano, Muhammad Sanusi II, has said that the decision taken by the Central Bank of Nigeria (CBN) to...

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