The Central Bank of Nigeria’s (CBN) cashless policy, which aims to reduce the amount of cash in circulation, has faced challenges due to unreliable digital banking...
FBN Holdings, a leading financial institution in Nigeria, has come out to dismiss a fake report circulating online that it released N400 billion new notes to...
Kaduna State Governor Nasir el-Rufai has accused the Central Bank of Nigeria (CBN) of withdrawing N2 trillion from circulation and replacing it with only N400 billion,...
A large crowd has gathered at the Central Bank of Nigeria (CBN) office in Marina, Lagos, as Nigerians attempt to swap old N500 and N1000 notes...
Nigerians are currently in a state of confusion over where to deposit their old N1000 and N500 notes. This development comes after conflicting announcements from Deposit...
The Central Bank of Nigeria (CBN) has directed commercial banks to collect old N500 and N1000 notes from their customers who have enrolled and generated reference...
Nigerian President Muhammadu Buhari has granted a 60-day extension for the use of old N200 notes. The President made the announcement in a nationwide speech on...
The CBN has urged Nigerians to take advantage of this opportunity to deposit their old notes and obtain new ones.
The National Security Adviser has said that the recent policies introduced by the Central Bank of Nigeria (CBN) will make it difficult to pay officers on...
Despite the uncertainty surrounding the scarcity of the Nigerian Naira, the Nigeria Deposit Insurance Corporation (NDIC) has assured the Central Bank of Nigeria (CBN) that depositors...
