Naira Abuse Driving Printing Costs, CBN Warns
CBN launches nationwide campaign on currency handling Nigerians urged to stop folding, spraying, mutilating notes Apex bank cautions against hoarding ahead of festive season The Central Bank of Nigeria (CBN)…
BREAKING: CBN Slashes Interest Rate to 27% After Months of Tight Policy
CBN monetary Policy Committee reduces rate by 50 basis points in Abuja. CBN Governor says consistent disinflation influenced latest decision. Move follows six consecutive hikes in 2024 and three pauses…
Cardoso Warns Nigerians Against Spraying, Hawking, Mutilating Naira
• Cardoso Governor stresses respect for naira • Financial inclusion and SME growth linked to economic stability • Bank highlights reforms boosting FX inflows and digital transformation The Governor of…
CBN Reforms, Weak Dollar Push Naira to Strongest Level Since March
• Nigerian naira closes at N1,500.91 per USD, marking its best performance since March 5, 2025 • Central Bank of Nigeria’s monetary reforms restore market confidence and improve dollar liquidity…
Naira Records Slight Appreciation Against Dollar at Official Market
The naira strengthened marginally to N1,534.52 against the dollar at the official market on Thursday. Day-to-day gain recorded at 0.3 from Wednesday’s N1,534.83. Black market rate remained unchanged at N1,565…
Domiciliary: No Plan To Convert Currencies — CBN
The Central Bank of Nigeria (CBN) has refuted reports alledging it was planning to convert foreign currencies in the domiciliary accounts of bank customers. In a statement issued, Mr. Osita…
Breaking: Central Bank of Nigeria, Makurdi Branch on Fire
The Central Bank of Nigeria (CBN) at the Makurdi office in the Old GRA area of Benue State, caught fire in the early hours of Thursday, April 21. The fire…
New Naira Notes: Sowore Demands CBN Governor’s Sack
Following the news on re-signing of some naira notes, the presidential candidate of the African Action Congress, Omoyele Sowore, has asked President Muhammadu to sack the Governor of the Central…
Senate Will Debate CBN New Cash Withdrawal Policy Wednesday
The Senate has said it will debate the new cash withdrawal limit policy by the Central Bank of Nigeria (CBN) on Wednesday. The Senate President, Ahmad Lawan, announced this in…
Old Naira Notes: Why We Rejected CBN Deadline Extension – Reps
The House of Representatives has given reason for its rejection of the Central Bank of Nigeria's extension for the swapping of old naira notes. Daily Report Nigeria recalls that the…
