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Tag "Central Bank of Nigeria (CBN)"

Banks, businesses comply with CBN’s directive on old notes — but shortage persists

    Banks, businesses comply with CBN’s directive on old notes — but shortage persists

Commercial banks in Lagos have started disbursing the old naira notes to customers at their various automated teller machines (ATMs) terminals and over the counter. The banks were also observed

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Naira redesign: Governors shouldn’t hide under immunity to commit treason, says CSO

    Naira redesign: Governors shouldn’t hide under immunity to commit treason, says CSO

The Centre for Reform and Public Advocacy, a civil society organisation (CSO), says governors should not hide under their immunity to commit treason. On Thursday, President Muhammadu Buhari directed the

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Currency redesign: CBN launches portal for collection of old naira notes

    Currency redesign: CBN launches portal for collection of old naira notes

Central Bank of Nigeria (CBN) has created a portal for the collection of the old naira notes as it looks to begin its currency redemption exercise. TheCable observed that the

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CBN: We have capacity, enough materials to print required new naira notes

    CBN: We have capacity, enough materials to print required new naira notes

The Central Bank of Nigeria (CBN) says the scarcity of naira notes is not due to a shortage of printing materials at the Nigerian Security Printing and Minting Company (NSPMC). 

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Naira redesign: Buni asks CBN to give special concession to Yobe ahead of Jan 31 deadline

  Naira redesign: Buni asks CBN to give special concession to Yobe ahead of Jan 31 deadline

Mai Mala Buni, governor of Yobe state, has appealed to the Central Bank of Nigeria (CBN) to grant special concession

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Naira redesign: CBN launches cash swap programme in ALL LGAs

  Naira redesign: CBN launches cash swap programme in ALL LGAs

The Central Bank of Nigeria (CBN) has launched a cash swap programme in partnership with super agents and deposit money

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Banks to pay N1m fine daily over failure to collect redesigned naira notes, says CBN

  Banks to pay N1m fine daily over failure to collect redesigned naira notes, says CBN

The Central Bank of Nigeria (CBN) says any commercial bank that fails to pick up the new naira notes for

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Naira slides to N748/$ at parallel market

  Naira slides to N748/$ at parallel market

The naira has dropped to N748 per dollar at the parallel section of the foreign exchange (FX) market, popularly called

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EXCLUSIVE: CBN, FAAC at loggerheads over probe of federation revenue accounts

  EXCLUSIVE: CBN, FAAC at loggerheads over probe of federation revenue accounts

Federation Account Allocation Committee (FAAC) says the Central Bank of Nigeria (CBN) has disregarded its invitations to answer questions on

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