Tag: CBN

The bank said it is only reissuing the old N200 as approved by the president.

Mr Falana sought the information on new naira notes in response to CBN’s claim that politicians were mopping up the ...

New Naira notes Command-and-control measures, as we are beginning to discover, by sucking the very lifeblood (as it were) from ...

President Buhari is already a huge factor in the ballot with his insistence that the Central Bank’s currency reform should ...

What the CBN sought to do was to pull in the excess cash from circulation, not to replace what was ...

The lawmaker, Mr Enyong, 54, is currently doing a second term as member representing Uyo Federal Constituency in the National ...

"In extreme cases, deaths of members have occurred where families could not have access to their money in banks to ...

Mallam Nasir El-Rufai. PHOTO CREDIT: Nasir El-Rufai on Facebook. For the avoidance of doubt, all the old and new notes ...

Godwin Emefiele, governor of Central Bank of Nigeria (CBN). The CBN's assumption that Nigeria can quickly and easily transition to ...

The governor ordered residents of the state to continue accepting the old naira notes as legal tender.

The new directive is expected to increase the circulation of the N200 note and simplify business transactions

The money the CBN owes the banks are funds in the form of derivative transactions comprising forward contracts and swaps.

Customers are required to provide their bank verification number, email address, phone number, bank account details, depositor information (including house ...

President Muhammadu Buhari It’s regrettable that a president elected to make life at least bearable is rewarding the country with ...

Millions of Nigerians continue to grapple with hardship amid the cash crunch.

The Nigerian leader defends the government's currency redesign policy but admits it is causing difficulties.

The old N200 notes will co-exist with the new N200 notes, the Nigerian leader said.

Mr Sani said there would be no objections to the Naira redesigning policy if it was done after the 2023 ...

I therefore echo the well-thought-through position of Asiwaju Bola Tinubu on this matter, and in tandem with the Council of ...

What Emefile’s CBN has succeeded in doing is cash "seizure", which has left millions of Nigerians miserable as they struggle ...

Seven states, including President Buhari’s home state – Katsina – opted to be joined with the three original plaintiffs, an ...

This is the lot of many a Nigerian today — getting basic needs is nearly impossible. We have all been ...

Last week, the Supreme Court gave an interim order barring the federal government from implementing the 10 February deadline set ...

The APC campaign official said Mr Buhari has refused to listen to appeals from Nigerians on the naira redesign policy.

"There is, therefore, no need to consider any shift from the deadline of February 10," he said.