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…
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…