Naira Scarcity: CBN orders banks to open on Saturdays, Sundays
In a quest to put an end to the cash crunch its monetary policies occasioned, the Central Bank of Nigeria has all commercial banks to open for operation on Saturdays … Read More
Tag: CBN
Finally CBN Breaks Silence, Says Old N200, N500, N1,000 Notes Remain Legal Tender Till Dec 31
The Central Bank of Nigeria (CBN) on Monday said old N200, N500, N1,000 banknotes remain legal tender till December 31, 2023. The apex bank’s Acting Director of Corporate Communications, Isa … Read More
CBN Has No Reason Not To Obey Supreme Court On Naira Redesign – Presidency
The Presidency on Monday said the Central Bank of Nigeria (CBN) has no reason not to comply with the Supreme Court order on naira redesign on the excuse of waiting … Read More
Supreme Court Ruling: CBN Says Both Old & New Notes Are Now Legal Tender
The Central Bank Of Nigeria has approved the circulation of old naira notes to customers at their various Banks’ automated teller machines (ATMs) terminals and over the counter. The development … Read More
Terrorism & Fraud: DSS Steps Up Investigation Of Nigeria’s Central Bank, Governor Emefiele
The Department of State Services (DSS) has stepped up investigations with a view to arrest and prosecutes the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over allegations … Read More
Full List Of 10 States Ask Supreme Court To Set Aside Buhari’s Ban On Old N500, N1,000 Notes
Ten states have asked the Supreme Court to set aside the pronouncement of President Muhammadu Buhari banning old N500 and N1,000 notes. The governors, in Suit No SC/CV/162/2023, filed on … Read More
![Serious Casualty; 3 Dead As Soldiers Engage Protesters Attacking CBN In Edo[Videos]](https://hotmedia.ng/wp-content/uploads/2023/02/Screenshot_20230215-152904112_2.jpg)
Serious Casualty; 3 Dead As Soldiers Engage Protesters Attacking CBN In Edo[Videos]
No fewer than three people have died in a violent protest outside the Central Bank of Nigeria (CBN) branch in Benin, Edo State, FIJ Learnt. Sources said the protesters, wielding … Read More
How To Report POS Agents Selling New Naira Notes – CBN
The Central Bank of Nigeria (CBN) has released emergency telephone numbers to the public to officially report erring Point of Sales (POS) agents selling new naira notes and those selling … Read More
Cash Swap: CBN Releases Steps To Follow In Depositing Old Naira Notes
There are some steps to take if commercial banks refuse to accept old naira notes from Nigerians. The banks justified their actions by citing the February 10 deadline set by … Read More
Cash Crunch: Allow Old, New Notes Co-Exist For 12 Months, Tinubu Asks CBN
He also advised the immediate suspension of associated charges on online transactions and bank transfers. The presidential candidate of the All Progressives Congress (APC), Bola Tinubu has asked the Central … Read More
Cash Swap: Why CBN Must Obey Supreme Court Judgment – Falana
According to Falana, alternative to obeying the Court, is to compound ongoing anarchy and chaos in the land. The interim Chairman of the Alliance on Surviving Covid-19 and Beyond (ASCAB), … Read More
INEC Warns CBN About Naira Notes Scarcity, Says It ‘ll Mar Nigerian Forthcoming Elections
The Independent National Electoral Commission (INEC) has warned that with only 16 days to the general elections, the new naira notes scarcity may disrupt the exercise. The Chairman of INEC, … Read More
DSS Documents Reveals CBN Gov, Emefiele Sponsors ‘Unknown Gunmen’ IPOB, ESN; Engages In Money Laundering
The secret police known as the SSS or Department of State Services (DSS) accused Emefiele of funding terrorism, unknown gunmen terrorising the Southeast region, the proscribed Indigenous People of Biafra … Read More
Currency Redesign Always Comes With Pains – Peter Obi Defends CBN
Obi pleads with Nigerians to bear with the CBN and Federal Government in order to harvest the gains of the new currency policy. The Labour Party Presidential candidate, Peter Obi, … Read More
CBN Governor, Emefiele Bows To Pressure Appears Before NASS, Assures Nigerians Banks ‘ll Accept Old Naira Notes After Deadline
… CBN Governor Emefiele has finally appeared before Reps Ad Hoc Committee. The Governor of the Central Bank of Nigeria(CBN) Godwin Emefiele on Tuesday appeared before the ad hoc committee … Read More
Naira Redesign: CBN Shouldn’t Be An Extension Of Politics – SDP’s Prince Adebayo
Adewole Adebayo, presidential candidate of the Social Democratic Party (SDP), has faulted the currency redesign policy of the Central Bank of Nigeria (CBN). Adebayo was speaking to Channels Television in … Read More
CBN Naira Redesign: Tinubu Behind Plot To Remove Emefiele – Atiku Campaign
The Atiku Abubakar Presidential Campaign Organisation on Wednesday said Asiwaju Bola Tinubu, presidential candidate of the ruling All Progressives Congress (APC) is the one behind the plot to remove the … Read More
Just In: Senate Directs CBN To Extend Old Naira Notes By 6 Months, As Emefiele Refuses Extension
The Nigerian Senate, Tuesday, January 24, 2023, urged the Central Bank of Nigeria, CBN to extend the mop-up of old Naira notes to 31st July 2023. Bank customers decry scarcity … Read More
CBN Introduces Cash Swap Policy For New Notes In Villages, Others
… Customers to get N10,000 as cash The Central Bank of Nigeria(CBN) has directed deposit money banks, super agents as well as mobile money operators to swap the old N200, … Read More
The Seven Important Things To Know About CBN’s Credit Card
The Central Bank of Nigeria (CBN) on Monday launched the deployment of the National Domestic Card Scheme in a bid to unify payment in the country. With the deployment, Nigeria … Read More