Following his failure to appear before the House of Representatives over the controversial withdrawal limit, Godwin Emefiele, the Central Bank Governor, has said he was not...
As scheduled, the new naira notes have gone into circulation today as commercial banks in major cities in Nigeria, particularly Lagos and Abuja have started dispensing...
The House of Representatives has asked the CBN Governor, Godwin Emefiele to appear before the House Committee on Banking and Finance. This is coming a few...
Naira black market – The Naira to Dollar exchange rate improved to N745 on Friday, 9th December 2022 at the nation’s black market, up from the...
The central bank will henceforth redesign the nation's legal tender every five to eight years
Buhari launched the new naira notes as the CBN forges ahead with redesign plans.
CBN says Buhari is expected to introduce redesigned naira notes to the public today at the Federal Executive Council (FEC) meeting in Abuja.
The commercial banks are to run Saturday operations until Jan. 31, 2023 which was the approved deadline date.
Median estimate is for the expected devaluation to weaken the naira by as much as a fifth, which would take the local currency to N533 per...
EFCC has started profiling large depositors of naira notes as banks across the country witnessed increased deposits of cash ahead of the December deadline.