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...
The Central Bank of Nigeria (CBN) has denied plans to print N5,000 denominations
Godwin Emefiele has said the central bank will engage the service of both EFCC and ICPC to monitor large withdrawals from banks.
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.
EFCC has started profiling large depositors of naira notes as banks across the country witnessed increased deposits of cash ahead of the December deadline.
Governor Emefiele has said the Arabic inscriptions on Naira notes known as Ajami will remain in the new naira designs.
President Muhammadu Buhari announced that the CBN had given him reasons to believe redesigning the Nigerian Naira is a move that would benefit the economy in...