PwC Urges CBN to Keep Tight Monetary Policy to Stabilise Naira and Fight Inflation
PricewaterhouseCoopers (PwC) has advised the Central Bank of Nigeria (CBN) to continue with its tight monetary policy to help stabilise
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CBN
CBN Injects $197.7m to Stabilize Naira Amid Global Economic Shifts
The Central Bank of Nigeria (CBN) has intervened in the foreign exchange (FX) market by injecting $197.7 million to stabilize
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Police Prepare for Possible Protests in Abuja
The Federal Capital Territory (FCT) security apparatus is on high alert due to planned protests by some aggrieved youth groups
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CBN Denies Report on New N5,000 and N10,000 Banknotes
The Central Bank of Nigeria (CBN) has refuted a circulating report claiming the introduction of new N5,000 and N10,000 banknotes.
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Naira Gains Strength as Dollar Demand Eases in Black Market
The naira showed signs of recovery on Monday, appreciating by 0.95% against the dollar as demand for foreign currency eased
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CBN Proposes Ban on Street Trading, Considers New Guidelines for BDCs Amid Naira vs USD Fluctuations
As the Naira continues to fluctuate against the US dollar, the Central Bank of Nigeria (CBN) announces plans to implement
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CBN Raises Price Verification System Limit to 15% to Combat Global Inflation
In a bid to address the challenges posed by global inflation, the Central Bank of Nigeria (CBN) has announced a
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CBN Implements 24-Hour Sell-off Directive for Nigerian Banks’ Excess Dollar Holdings
In a decisive move to curb currency volatility, the Central Bank of Nigeria (CBN) has mandated Deposit Money Banks (DMBs)
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CBN Takes Decisive Action: Releases $500 Million to Clear Verified Forex Backlog
In a resolute move aimed at resolving the lingering issue of verified foreign exchange transactions, the Central Bank of Nigeria
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CBN instructs banks to open Saturdays, Sundays
Central Bank of Nigeria has directed all commercial banks to open for operation on Saturdays and Sundays, as part of
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CBN to flood banks with old Naira notes
The Central Bank of Nigeria (CBN) moved last night to end the biting cash scarcity. It plans to flood the
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Old Naira Notes: GTBank, Others Limit Cash Withdrawal To N10,000
The Central Bank of Nigeria (CBN) has fully complied with the Supreme Court ruling ordering it to restore old naira
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Lagos to shut down banks rejecting deposits of old naira notes
Governor Babajide Sanwo-Olu has directed businesses in Lagos to collect the old naira notes or face sanction. Mr Sanwo-Olu, in
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No information on Supreme Court ruling, says CBN
For the second time since the Supreme Court ruled that the old N200, N500 and N1,000 notes will remain legal
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Buhari, CBN destroying lives, livelihoods with badly implemented naira policy: NECA
The Nigeria Employers’ Consultative Association has condemned the CBN’s poorly implemented new naira banknotes policy sanctioned by President Muhammadu Buhari,
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Reps accept Emefiele’s apology, CBN gov allays fears
The House of Representatives, on Tuesday, accepted the apology of the governor of the Central Bank of Nigeria, Godwin Emefiele,
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BREAKING: Senate Takes Decision On CBN’s Naira Redesign Plan
The Nigeria Senate on Wednesday resolved to provide legislative support for the policy of the Central Bank of Nigeria (CBN) to redesign
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Nigeria’s Central Bank Increases Interest Rates Paid on Savings Accounts to 4.2%
The Central Bank of Nigeria (CBN) has carried out an upward review on interest rates paid on savings accounts, directing
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CBN Clears Air On ‘Withdrawal Of Naira Notes From Circulation’
The Central Bank of Nigeria (CBN) has said that there was no plan to replace the Naira notes in circulation
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CBN imposes sanctions on banks over mutilated notes
The Central Bank of Nigeria has expressed concern over the increasing amount of mutilated bank notes deposited with the apex
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