Saudi Arabia ready to invest in Nigeria’s refineries, revive Naira –…
According to the Federal Government, the Government of Saudi Arabia has vowed to invest in reviving the country's…
Browsing Tag
Cbn
Old Naira notes remains legal tender – CBN
All denominations of naira notes that the Central Bank of Nigeria (CBN) has issued are still legal money and should…
Proposed CBN Act amendment: Moghalu sends message to Senate
Kingsley Moghalu, a former deputy governor of the Central Bank of Nigeria (CBN), has advised the National Assembly…
CBN breaks silence on cash scarcity reports
The Central Bank of Nigeria (CBN) has denied reports of an alleged scarcity of cash at banks, automated teller…
We have no plan to redenominate Naira — CBN refutes claim
A rumor on social media said that the country's central bank intended to redenominate the currency.
The Naira…
EFCC probes Emefiele over alleged $15b foreign debts, new naira notes
The Economic and Financial Crimes Commission (EFCC) launched a comprehensive investigation into Godwin Emefiele,…
Otukpo Bank Robbery: CBN release news directives on opening and closure of banks…
The Central Bank of Nigeria, CBN, has put safeguards in place to prevent future attacks on commercial banks in…
Lift of fx ban on 43 items: Reps summons CBN Governor Cardoso
Yemi Cardoso, the governor of the Central Bank of Nigeria, CBN, has been called before the House of Representatives…
N2.35 trillion worth of currency is held outside of banks – CBN
When compared to August 2023's N2.29 trillion, the amount of money held outside of banks reached N2.35 trillion in…
World Bank Loan: Ex CBN official slams FG, says’ Nigeria is becoming a…
Former Deputy Governor of the Central Bank of Nigeria, Kingsley Moghalu, has spoken out against the federal…