The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that there was no need to shift the February 10, 2023 deadline. He
Tag: CBN
CBN listens, extends old naira deadline till February 10
The Central Bank of Nigeria has extended the deadline for the swapping of old naira notes with the redesigned ones till February 10, 2023. The
Naira notes swap: Gbajabiamila threatens Emefiele with arrest
The Speaker of the House of Representatives, Femi Gbajabiamila, has declared his readiness to issue a warrant of arrest on the Governor of the Central
Railway debt servicing gulps N246bn, NRC revenue tumbles
The Federal Government spent $548.67m (N246.11bn using the official exchange rate of N448.55 to a dollar by the Central Bank of Nigeria ) to service
CBN monitors 6,047 BVNs over suspected fraudulent transactions
At least 6,047 Bank Verification Numbers of bank customers have been placed under the Central Bank of Nigeria watch list for fraudulent transactions. This was
Nigerians berate CBN as Banks run out of new naira
•Cashiers ration new notes, lenders allot N100,000 per teller in banks •Suspicious customers snub new notes as local traders reject new currency •Court declines to
Cash withdrawal: Senate postpones hearing of committee’s report
The Senate on Tuesday postponed the hearing of the report on the Cash withdrawal policy by the committee on Banking and Financial Institutions. The Red
Medical tourism gulped $6.23m in eight months – Report
Nigeria spent a total of $6.23m on foreign healthcare-related services from January to August 22, 2023. This is according to a report obtained from the