Tag: CBN
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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, over his failure to appear before ... -
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 the naira. It was reported that ... -
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 banks to implement at least 4.2% ... -
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 with the eNaira, the digital currency, ... -
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 bank by Deposit Money Banks. To ...