Senate Revokes CBN’s Authority to Appoint NDIC CEO
The Nigerian Senate has officially removed the Central Bank of Nigeria's (CBN) authority to appoint the Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC) through an amendment to…
Cbn Halts Approval For Extension Of Export Proceeds Repatriation
The Central Bank of Nigeria (CBN) has halted approval for the extension of export proceeds repatriation. Exporters must now repatriate proceeds within 180 days for oil and gas exports and…
Court Gives CBN Permission to Freeze Accounts of 19 #EndSARS Protesters
A federal high court in Abuja has granted the request of the Central Bank of Nigeria to freeze the accounts of 19 individuals and a public affairs company linked to…
Company Drags CBN To Court Over ‘eNaira’ Usage
A company known as ENAIRA PAYMENT SOLUTIONS LIMITED has sent a cease and desist notification to the Central Bank of Nigeria (CBN) with regards to the name “eNaira.” This is…
Naira Notes Will Be Out Of Circulation Soon – CBN Official
The Central Bank of Nigeria CBN has stated that paper currency will soon be out of circulation, urging market men and women to sign into the e-Naira. This was made…
Redesigned Naira Notes: Why I Approved CBN Policy – Buhari
President Muhammadu Buhari has stated he approved for the Central Bank of Nigeria (CBN) to redesign new naira notes. According to Buhari, he approved the policy over his conviction that…
BREAKING: DSS Raids CBN, Takes Over Emefiele’s Office
Operatives of the Department of State Services, on Monday raided the headquarters of the Central Bank of Nigeria in Abuja. The DSS operatives reportedly took over the office of the…
New Naira: Embrace Alternative Payment Channels – CBN tells Nigerians
The Central Bank of Nigeria, CBN, has urged Nigerians to embrace alternative payment channels like the eNaira and internet banking in the face of the cashless policy The Director, Corporate…
Naira Policy: CBN Directs Banks to Comply With Supreme Court Order on Naira Notes
The Central Bank of Nigeria, CBN, has directed commercial banks to comply with the Supreme Court order which declared old naira notes legal tender until December 31, 2023. The CBN…
CBN Reacts to Naira Devaluation
Naira devaluation report false - CBN The Central Bank of Nigeria (CBN) has debunked the claim that it has devalued the naira to N631 per dollar at the importers' and…