Buhari Asks Nigerians To Give Him 7 Days To Resolve Naira Notes Scarcity
President Muhammadu Buhari has asked Nigerians to give him seven days to resolve the crisis caused by the scarcity of new naira notes. The president …
Central Bank of Nigeria
Scarcity: Protesters Attack Banks In Ibadan Amid lingering Cash Scarcity
WEMA Bank ATM Banks in Ibadan, the Oyo capital, have been attacked following protests over lingering scarcity of cash. Our correspondent had earlier …
How CBN Spends ₦800 Billion On Currency Production, Destruction
The Deputy Governor, Financial System Stability, Central Bank of Nigeria, Aisha Ahmad, has said the amount spent on maintaining the naira has increas…
$3 billion Monthly Under Jonathan, NNPC Now Remits Zero Dollar To CBN - Emefiele
Godwin Emefiele, the Central Bank of Nigeria’s governor, stated over the weekend that the official foreign exchange receipt from crude oil sales into…
We Have Cash In Forest, Give Us More Time On Naira Redesign - Miyatti Allah
The leader of Miyetti Allah Cattle Breeders Association of Nigeria, South-East chapter, Gidado Siddiki, has appealed to the Central Bank of Nigeria t…
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Proposed Introduction Of N5,000 Still On Course - Sanusi
Former Nigerian Governor of the Central Bank of Nigeria (CBN) Sanusi Lamido Sanusi has claimed that Introduction of N5,000 notes in Nigeria have no…
$1 Now ₦788, We Are Not Aware Of Naira Redesigning - Finance Says
Minister of Finance, Budget, and National Planning, Zainab Ahmad, has disassociated her ministry from the planned move by the Central Bank of Nigeria…
CBN Spends N281 Billion To Print New Notes In 5 Years
CBN Governor- Godwin Emefiele The sum of N281.07 billion has been spent by CBN to print bank notes between 2016 and 2020 and another N3.88 billion…
CBN Set To Redesign Naira Notes
The Central Bank governor- Godwin Emefiele, on Wednesday said that the apex bank would redesign the Country’s currency. "On the basis of these t…
CBN, AMCON Announce Sale Of Polaris Bank
Polaris Bank The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) have announced the completion of a Share Purchase …