In a bid to restore stakeholders’ confidence in Nigeria’s financial system, the Central Bank of Nigeria disclosed that its monetary policy reforms are beginning to have positive effects on the…
Central Bank of Nigeria
Former Central Bank Governor Emefiele Remanded in Prison
The former Governor of the Central Bank of Nigeria, Godwin Emefiele was on Friday ordered to be remanded in prison pending the determination of his bail request. The High Court…
CBN Extends Use Of Old N200, N500, N1000 Notes Indefinitely
The Central Bank of Nigeria, CBN, has said that the old naira banknotes will remain a legal tender. The CBN had introduced the redesign of N200, N500 and N1,000 denominations…
Central Bank of Nigeria Affirms Old, New Naira Notes As Legal Tender
The Central Bank of Nigeria has instructed all its branches nationwide to continue issuing various denominations of both old and redesigned banknotes in ample quantities to deposit money banks. The…
The Economic and Financial Crimes Commission (EFCC) on Monday, failed to produce the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, before the High Court of the…
Central Bank of Nigeria Debunks Naira Scarcity, Blames Customers of Panic Withdrawal
The Central Bank of Nigeria on Thursday debunked rumours of naira scarcity in the country, amid reports that there is no sufficient cash circulation in some commercial banks nationwide. CBN…