The Central Bank of Nigeria (CBN) has explained that it has pushed more new naira notes into circulation and the nation’s economy because more deposits of...
The Central Bank of Nigeria (CBN) has said that there is enough new naira notes in circulation for the public to change their old naira notes...
A fresh displeasure of anger by bank customers has hit the Central Bank of Nigeria (CBN) over its newly reviewed cash withdrawal limit policy. This came...
The apex bank also capped third-party cheque payments for all over-the-counter transactions at N50,000 while the existing limit on cheques of N10,000,000 remains.
The Central Bank of Nigeria (CBN) via its governor, Godwin Emefiele has maintained that January 31, 2023, remains the deadline date for the exchange of old...
The Nigerian Senate has urged the Central Bank of Nigeria (CBN) to extend the withdrawal of old currency notes from circulation to June 30, 2023. Recall...
The Central Bank of Nigeria has increased the withdrawal limit to N500,000 and N5 million for both Individuals and Corporate Bodies respectively.
The Federal Government has suspended cash withdrawal from all public accounts with immediate effect. A statement authorised by the Director of the Nigerian Financial Intelligence Unit...
To protect Nigerians from the activities of currency counterfeiters, the Central Bank of Nigeria (CBN) on Tuesday released the security measures added to the new naira...
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...