Experts caution against interest rate benchmark at 18%
A financial expert, Dr Tunde Adeoye, says increasing Monetary Policy Rate(MPR) from 17.5 per cent to 18 per cent by ...
Tag: cbn
INEC commence distribution of sensitive materials in Kwara
The Independent National Electoral Commission, (INEC) in Kwara has begun distribution of sensitive materials to the 16 local government areas ...
Naira Scarcity: LASG to sanction any business refusing old naira notes
Gov. Babajide Sanwo-Olu of Lagos State has directed businesses in the state to collect the old Naira notes, or face ...
Finally, CBN accepts old N200, N500 and N1,000 notes as legal tender
The Central Bank of Nigeria (CBN), on Monday, said that the old N200, N500 and N1,000 banknotes remain legal tender ...
State Your Plans On Implementation of Supreme Court Orders, SERAP to Buhari
Buhari and Emefiele Socio-Economic Rights and Accountability Project (SERAP) has called on President Muhammadu Buhari to specifically spell out his ...
CBN advises Plateau residents to change old naira notes before Jan. 31
The Central Bank of Nigeria (CBN) has advised the residents of Plateau, especially farmers and traders, to exchange their old ...
Naira redesign will not hinder APC victory – Lawmaker
A federal lawmaker, Mr Babajimi Benson, has said that the Central Bank of Nigeria (CBN) naira redesign will not hinder ...
Return of old N200 notes a huge succor – Lagos residents
A cross section of Lagos residents have said that the extension of the validity of the old N200 note has ...
Adjournment on cash swap: Economists urge CBN to address bottlenecks
Some economists have urged the CBN to identify and address the bottlenecks associated with the cash swap policy, causing uncertainty ...
Currency Swap: Buhari orders arrest, prosecution of saboteurs
President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to intensify collaboration with anti-corruption agencies, in checking the ...
CBN renews it’s order banning enforcement of February 10 deadline on old Naira notes
The Supreme Court of Nigeria has reaffirmed its February 8 order barring the Federal Government and its agencies from enforcing ...
Presidency dismisses reports on disobeying Supreme Court ruling on legality of currencies
The Presidency has dismissed as false the assertion that the Federal Government or the Central Bank of Nigeria (CBN) had ...
CBN, EFCC officials visit Gombe banks over cash shortage
Officials of the Central Bank of Nigeria (CBN) and the Economic Financial Crime Commission (EFCC) on Monday visited banks in ...
NBA admonishes Ibadan residents about vandalism over cash crunch, fuel price
The Ibadan branch of the Nigerian Bar Association (NBA) on Monday urged Oyo State residents, especially youths to be patriotic ...
New notes: CBN meets commercial banks in Gombe, warns against malpractice
The CBN, in collaboration with the Economic Financial Crime Commission (EFCC), has met with officials of commercial banks in Gombe ...
Cash-strapping may lead to 25% drop in sale of locally-made goods – Manufacturers
The Manufacturers Association of Nigeria (MAN) on Friday in Lagos emphasized the need for the CBN to intensify efforts at ...
SDP advises APC governors, stalwarts to address internal party issues
The Social Democratic Party (SDP), has advised the All Progressives Congress (APC) Governors and stalwarts to address its internal party ...
Naira redesign: Emefiele urges NASS, Nigerians to show understanding
The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, has urged lawmakers and Nigerians to show understanding, adding that ...
Currency swap extension: Bank customers commend CBN, say new notes will circulate better
Some bank customers in the Federal Capital Territory (FCT), have commended the Central Bank of Nigeria (CBN) for the extension ...
Old notes: FCT residents commend CBN on deadline extension
Some residents in the Federal Capital Territory (FCT) have commended the Central Bank of Nigeria (CBN) over the extension of ...
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