The Central Bank of Nigeria (CBN) governor, Godwin Emefiele has apologised to Nigerians for the ill experienced while trying to effect various online payment transactions. Mr Emefiele made the apology at the post…
The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the benchmark interest rate by 50 basis points to 18. per cent, GISTSMATE MEDIA reports. The CBN Governor, Godwin…
Nigerian business tycoon, Aliko Dangote, overtook two Russians, one Chinese and an Indian on the billionaires’ list on Monday, after making N460bn in a day. The Chief Executive Officer of Dangote Group made…
The widespread rejection of the old N500, N1,000 yesterday melted as banks and Nigerians began to accept the notes in compliance with the directive of the Central Bank of Nigeria, CBN. The CBN…
The Central Bank of Nigeria (CBN) says the old N200, N500 and N1000 notes remain legal tender until December 31, 2023. Isa Abdulmumin, CBN spokesperson, announced the development in a statement on Monday….
The Presidency on Monday said the Central Bank of Nigeria (CBN) has no reason not to comply with the Supreme Court order on naira redesign on the excuse of waiting for directives from…
The Central Bank of Nigeria (CBN) has finally directed commercial banks to dispense old currency notes and to also receive same as deposits from customers, according to Governor Chukwuma Charles Soludo of Anambra…
The Lagos State Government has noted the hardship sparked by the Naira redesign policy, which has affected business and commercial activities. There is no reason to reject the old notes, going by the…
The Central Bank of Nigeria says residents of rural and unbanked areas can no longer swap old notes for new ones through its cash swap programme. The CBN Acting Spokesperson, Isa Abdulmumin, disclosed…
As Nigerians grapple with the scarcity of Naira notes, commercial banks have released codes for cardless ATM cash withdrawals. The feature allows account holders to make withdrawals at ATMs with the aid of…
