Godwin Emefiele
Why CBN is redesigning bank notes as fear of currency hoarding grows
The Central Bank of Nigeria has stated reasons it is redesigning the N200, N500, and N1,000 bank notes, saying that Nigerians have embarked on hoarding forgery.
CBN to redesign N200, N500 and N1000 Notes as it introduces National Domestic Card
The Central Bank of Nigeria is about to redesign the N200, N500 and N1000 notes in line withe request of the Federal government of Nigeria as it is set to bring
CBN list successes recorded with eNaira after one year, onboards tricycle drivers, traders in Oshodi, Orile
The Central bank of Nigeria will be marking the one year anniversary of eNaira since launch and have also list out successes of the digital currency since 2021.
CBN issues guidelines stopping foreign banks from taking deposits, funds transfer
A new CBN guidelines restricts foreign banks operating in Nigeria from accepting deposits, processing transfer of funds and other banking activities in Nigeria.
Naira breaks record, suffers worst depreciation against US Dollar at Official Market, CBN advises Nigerians
Nigerian currency has suffered its lowest drop in history as the Central Bank of Nigeria continues to struggle to meet the high demands for FX from Nigerians.
CBN begins arrest of Nigerians selling new Naira notes at weddings, event centres, list punishments
The Central Bank of Nigeria has moved to arrest Nigerians trading in new Naira notes, with a particular focus on those attending wedding ceremonies, events.
Emefiele laments the rise Fintech banking, says It's disturbing
Godwin Emefiele, the Central Bank of Nigeria's governor is lamenting the disruption by fintech firms in the bank system and says the development is troubling
CBN issues directives to banks to increase interest on savings deposits after 15.5 rates hike
The Central Bank of Nigeria has issued a new directive to banks to increase interest on customers savings accounts in line with recent hike of interest rates.
Tsunami hits the Naira as it exchanges for N730 to a dollar
The naira hit an all-time low on Thursday as it exchanged for N730 per dollar on Thursday, September 29, 2022 at the parallel market, declining by 0.69 per cent
Godwin Emefiele
Load more