CBN Governor Predicts 4.17% GDP Growth, Inflation Decline in 2025
Olayemi Cardoso, predicts a 4.17% growth in the country's Gross Domestic Product (GDP) and a decline in inflation in 2025. Cardoso attributes the expected decline in inflation to President Bola…
CBN: Gowon Denies Stealing Claims Made by UK Parliament
Nigeria's former Head of State, Gen Yakubu Gowon (rtd), has debunked allegations that he stole “half of the Central Bank of Nigeria” to the united Kingdom. Recall that member of…
eNaira Speed Wallet Back on Google Play Store After 24hr Disappearance
The eNaira Speed Wallet app is back on Google Store following ng its disappearance 24 hours ago. The digital currency app went missing on the Google Store Play store barely…
Naira: Stop Domestic Transactions in Foreign Currency, Peter Obi Tells CBN
Presidential candidate of Labour Party, Peter Obi has advised the Central Bank of Nigeria to stop domestic transactions in foreign currencies. The former Anambra governor said this while reacting to…
Naira Redesign: Consider Converting Lower Currencies into Coins– LCCI to CBN
Dr Michael Olawale-Cole, president, Lagos Chamber of Commerce and Industry (LCCI), urged the Central Bank of Nigeria to consider converting lower currency notes into coins. Olawale-Cole said this on Thursday…
We’ll Query Banks Dispensing Old Naira Notes – CBN
The Central Bank of Nigeria, CBN has said that it will query banks that still dispense old Naira notes from their Automated Teller Machines (ATMs). Dr Abdullahi Abubakar Kure, a…
Old Naira Notes Remain Legal Tender – Supreme Court Insists
The Supreme Court has insisted that the N200, N500, and N1,000 denominations of the old Naira notes remain legal tender. This is as the apex court said its February 8…
CBN Orders Banks to Collect Old Naira Notes
The Central Bank of Nigeria has told commercial banks to begin recollection of old naira notes that were deposited into it earlier. It hence called on the headquarters of commercial…
Tinubu Appoints Folashodun Shonubi Acting CBN Governor
Tinubu Appoints Folashodun Shonubi Acting CBN Governor, suspends Emefiele President Bola Tinubu has appointed Folashodun Shonubi as Acting Governor of the Central Bank of Nigeria, CBN. Shonubi's appointment follows the…
Tinubu Orders CBN to End Naira Free Fall Against Dollar
President Bola Tinubu has ordered the Central Bank of Nigeria to find solutions towards ending the free fall of the Naira against Dollar. Daily Report Nigeria reports that the CBN…