CBN Archives

Ex-NNPC GMD sues EFCC, others over withheld $9.8m

A former Group Managing Director of the Nigerian National Petroleum Corporation, Andrew Yakubu, has sued the Economic and Financial Crimes Commission, the Central Bank of Nigeria, and Guarantee Trust Bank for allegedly refusing to release his $9.8 million, despite a court ruling in his favour. The News Agency of Nigeria reported that Yakubu was represented […]

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28th April 2023
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238 Views

Appointments

Buhari urges Senate to reappoint Abubakar as CBN director

The President, Major General Muhamadu Buhari (retd.), has asked the Senate to confirm the re-appointment of Abdu Abubakar as a Non-Executive Director of the Central Bank of Nigeria. Nairametrics reported that the president’s request was contained in a letter read by the Senate President, Ahmad Lawan, during plenary on Tuesday. The request for […]

aadelekepdnlimited-com
4th April 2023
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282 Views

JUST IN: Emefiele orders banks to dispense old naira notes - Soludo

featured Policy and Regulations

Naira crisis: Emefiele’s crime more than electoral fraud, says Soyinka

Nobel laureate, Prof Wole Soyinka, has knocked the Central Bank Governor, Godwin Emefiele, over the hardship that the new naira redesign policy and recent naira notes crisis plunged the entire country into. Soyinka said this during an interview on Channels TV on Monday, stating that Emefiele’s crime was against humanity and even more than […]

aadelekepdnlimited-com
4th April 2023
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259 Views

News

CBN, NiMet collaborate on food security

In order to increase the nation’s food security, the Nigerian Meteorological Agency and the Central Bank of Nigeria have signed a Memorandum of Understanding. According to the News Agency of Nigeria, when a delegation from the CBN visited NiMet on Monday in Abuja, NiMet’s Director-General, Prof. Mansur Matazu, announced that the cooperation will raise Nigerians’ […]

bfatoyepdnlimited-com
28th March 2023
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326 Views

E-commerce featured

E-naira’ll reduce naira scarcity – CBN

The Special Assistant on Payment to the Governor of the Central Bank, Mary Fasheitan, has said that the usage of the digital naira (eNaira), will address the current cash scarcity in the country. The News Agency of Nigeria reported that Fasheitan said this while addressing traders and people of the state in Akure on […]

aadelekepdnlimited-com
26th March 2023
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329 Views

featured Policy and Regulations

Direct commercial banks to overhaul e-platforms, Reps urge CBN

Wilson Adekumola The House of Representatives has urged the Central Bank of Nigeria, to give directives to all commercial banks in the country to as a matter of urgency overhaul their existing online and electronic banking platforms for efficiency and ease of electronic transactions for the citizens. This call was made in a […]

aadelekepdnlimited-com
24th March 2023
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299 Views

Business featured

CBN raises Monetary Policy Rate to 18%

The Central Bank of Nigeria has announced an increase in its Monetary Policy rate to 18 per cent. This was during its its 290th Monetary Policy Committee Press Briefing by the Governor, CBN, Mr. Godwin Emefiele. The Monetary Policy Committee of the Central Bank of Nigeria votes to raise Monitory Policy Rate by 50 basis […]

oojopdnlimited-com
21st March 2023
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360 Views

Business

CBN holds MPC meeting March 20, 21

The Central Bank of Nigeria has on Tuesday announced the date for its 290th Monetary Policy Committee meeting. According to the announcement, it is a two-day meeting and it will be held on March 20 and 21, 2023 in Abuja. This was revealed in a post on the CBN’s verified Twitter account accessed by AmBusiness […]

oojopdnlimited-com
14th March 2023
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209 Views

featured Policy and Regulations

Oil marketers shun CBN directive, reject old naira notes

Petrol marketers of Premium Motor Spirit, aka. Petrol stations, have continued to reject the old naira notes despite the recent directive from the Central Bank of Nigeria, as they clamour for the availability of the new naira notes to the public and an end to the confusing directives. According to them, Deposit Money Banks […]

aadelekepdnlimited-com
14th March 2023
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290 Views

100% cashless economy possible in Nigeria - Emefiele

Policy and Regulations

CBN bows to pressure, okays Dec 31 old naira notes deadline

Cbn itThe Central Bank of Nigeria has said that the old N200, N500, N1,000 banknotes remain legal tender till December 31, 2023. This announcement was made by the apex bank’s Acting Director of Corporate Communications, Isa AbdulMumin, on Monday in a statement, according to Channels TV. The statement read, “In compliance with the […]

aadelekepdnlimited-com
13th March 2023
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304 Views

Opinion

Don’t issue old notes if you won’t accept deposit, Adeleke tells banks

Wilson Adekumola The Governor of Osun State, Ademola Adeleke, has told the commercial banks in the state to halt issuing old naira notes to customers if they will not accept it back as deposits. The News Agency of Nigeria reported that the governor expresssed worries over the rejection of the old naira notes […]

aadelekepdnlimited-com
13th March 2023
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303 Views

News

CBN disowns Soludo’s old naira statement

The Central Bank of Nigeria has debunked claims of ordering banks nationwide to begin dispensing and accepting old naira notes. This development on Monday is coming after a former CBN governor, Chukwuma Soludo, had written through his social media handle that the CBN governor, Godwin Emefiele, in a Bankers’ Committee meeting on Sunday had […]

aadelekepdnlimited-com
13th March 2023
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295 Views

Cyberattack hits hundreds of French supermarkets, spoils food

1.2 billion people worldwide living in acute poverty

OPEC slashes 2026 global oil demand growth forecast

Manufacturers’ investment jumped 102.16% to ₦1.33trn in 2025

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Tag: CBN

Ex-NNPC GMD sues EFCC, others over withheld $9.8m

Buhari urges Senate to reappoint Abubakar as CBN director

Naira crisis: Emefiele’s crime more than electoral fraud, says Soyinka

CBN, NiMet collaborate on food security

E-naira’ll reduce naira scarcity – CBN

Direct commercial banks to overhaul e-platforms, Reps urge CBN

CBN raises Monetary Policy Rate to 18%

CBN holds MPC meeting March 20, 21

Oil marketers shun CBN directive, reject old naira notes

CBN bows to pressure, okays Dec 31 old naira notes deadline

Don’t issue old notes if you won’t accept deposit, Adeleke tells banks

CBN disowns Soludo’s old naira statement

TikTok denies restricting access in Northern Nigeria

Cyberattack hits hundreds of French supermarkets, spoils food

1.2 billion people worldwide living in acute poverty.

Brent crude nears $107/barrel as Houthi attacks hit.

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