The Central Bank of Nigeria has imposed fresh cash withdrawal limits on individuals and organisations, which will become effective on January 9, 2023. According to a...
Biggest ATMs Denomination Now N200 The Central Bank of Nigeria (CBN) has placed new limitations on cash withdrawals following the launch of the redesigned Naira...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) says the distribution crisis caused by vandalism of depots belonging to the Nigerian National Petroleum Corporation (NNPC) Limited...
The Central Bank of Nigeria (CBN) has explained the reason for the “simplicity” of the naira redesign. Ahmed Umar, director for currency operations, CBN, spoke at...
The Central Bank of Nigeria (CBN) yesterday announced the introduction of a National Domestic Card Scheme which is effective January 16, 2023. The move is aimed...
The federal government borrowed N6.3 trillion from the Central Bank of Nigeria (CBN) in the first 10 months of 2022 (January- October), data from the apex...
The Central Bank of Nigeria (CBN) says it is planning to reduce the volume of higher denominations — N500 and N1000 — in circulation to tame...
The Federal Government has unveiled the redesigned naira notes to the public. It was unveiled at the Federal Executive Council meeting presided over by President Muhammadu...
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has announced that the President, Major General Muhammadu Buhari, will unveil the new naira notes during...
The Monetary Policy Committee of (MPC) of the Central Bank of Nigeria (CBN), has again increased the monetary policy rate to 16.5% from 15.5%, while all...