Tag: CBN

The Department of State Services (DSS) has stepped up investigations with a view to arrest and prosecute the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over allegations ...

PRESS RELEASE • FEBRUARY 16, 2023 My dear people of Kaduna State, With just about 100 days before leaving office, and elections just round the corner, it was my intention ...

Bola Tinubu, the All Progressives Congress presidential candidate, says he does not have anything against the Central Bank of Nigeria (CBN) naira redesign and cashless policy. Mr Tinubu said this ...

The Nigeria Employers’ Consultative Association has condemned the CBN’s poorly implemented new naira banknotes policy sanctioned by President Muhammadu Buhari, declaring it is ruining lives and livelihoods. NECA urged the ...

The International Monetary Fund (IMF) has asked the Central Bank of Nigeria to consider extending the February 10 deadline for the swapping of old naira notes. The Fund in a ...

A seven-member panel led by Justice John Okoro halted the move in a ruling in an ex parte application brought by three northern states of Kaduna, Kogi and Zamfara. The ...

Officials of the Central Bank of Nigeria (CBN) and the Economic Financial Crimes Commission (EFCC) on Monday visited banks in Gombe to ensure proper circulation of the new naira notes. ...

The Manufacturers Association of Nigeria (MAN) has warned that the lingering cash strapping occasioned by new Central Bank cash policy could result in a 25 per cent downturn in purchase ...

A governor got N500 million worth of new naira notes from a bank, Governor Nasir El-Rufai of Kaduna State has revealed. According to Daily Trust, in an interview with BBC ...

The Central Bank of Nigeria (CBN) has observed, with grave concern, the activities of persons who sell the newly redesigned banknotes and those who flagrantly abuse the legal tender by ...