Godwin Emefiele
CBN reacts after viral news of suspending accounts of OPAY, PALMPAY
Following a viral message that two fintech companies OPAY and PALMPAY, will be suspended by the Central Bank of Nigeria over fraud the companies have responded.
“Competitors want to run us out of business”: OPay source speaks on alleged suspension by CBN
A source at OPay, the payment company, has said that some competitors who were threatened by their seamless operations accused them of being suspended by CBN.
New naira notes decline in circulation as banks load ATMs with cash, CBN may enforce use of eNaira
There has been a drastic reduction in the circulation of the newly redesigned naira notes as report emerges saying the CBN may begin enforcing the use of eNaira
CBN speaks on why it introduced eNaira, steps up effort to boost cash supply to Nigerians
The CBN has explained why the eNaira was launched in October 2021, an innovation which has generated a lot of praise and knocks from experts and Nigerians.
CBN disburses old naira notes to banks, mounts surveillance as banks set two-Week target
The Central Bank of Nigeria has asked commercial banks to come to its branches across the country to pick up the old N200, N500 and N1000 notes for disbursement
Emefiele speaks on relation between Nigerian banks and failed US banks, says Nigerian banks not exposed
The Central Bank of Nigeria Governor, Godwin Emefiele, has revealed that Nigerian banks are not directly exposed to failed banks in the United States of America
Nigerians turn to eNaira for safety amid cash scarcity, transactions surge
A recent report has said that eNaira has witnessed a massive adoption as naira scarcity persists in Nigeria, with 63% wallet use and N22 billion transactions.
CBN promises to flood banks with old naira notes over NLC protest, keeps mute over new ones
The Central Bank of Nigeria has promised to flood commercial banks with old notes beginning Thursday, March 23, 2023 as well as cancel all withdrawal limits
BREAKING: NLC directs members to cripple activities at CBN offices nationwide, gives reason
The Nigeria Labour Congress, on Wednesday, March 22, directed all workers to shut down operations in all the offices of the Central Bank of Nigeria nationwide
Godwin Emefiele
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