New naira: 50% unbanked Nigerians may lose savings, says report
Oluwanifemi Ojo A new report by the Inclusion for all Initiative predicts that over 50 percent of Nigerians without access to…
CBN
New naira: Customers flood Kebbi bank one week to CBN deadline
As the deadline for the use of old naira notes draws closer, some customers in Birnin Kebbi, Kebbi State capital, on…
MPC meets over interest rate hike
The Monetary Policy Committee meeting of the Central Bank of Nigeria is expected to meet on Monday to proffer solutions to…
CBN takes new naira awareness to Calabar markets
The Central Bank of Nigeria has expanded its awareness-raising effort to key markets in the Calabar city in advance of the January…
New naira notes’ll enhance Nigeria’s economy – CBN
The Central Bank of Nigeria emphasised on the economic benefit of the new note as sensitisation intensifies following the closeness…
Monarchs begs CBN to extend old naira deadline
Oluwanifemi Ojo The OkuIbom Ibibio and President General of Akwa Ibom State Traditional Rulers Council, Edidem Solomon Etuk, appealed to the…
CBN seeks monarch’s help to sensitise residents
Oluwanifemi Ojo As the deadline for the exchange of old and new naira notes draws closer, the Central Bank Of Nigeria…
CBN permits DMBs to swap new, old naira notes across LGAs
The Central Bank of Nigeria has permitted Deposit Money Banks, Money Operators, and super agents to swap the old notes in…
Old naira: Commercial Banks to work Saturdays
The Central Bank of Nigeria has announced that commercial banks would work on Saturdays to receive the old Naira notes from customers.…
CBN to charge banks N1m daily over new currency
Wilson Adekumola The Central Bank Of Nigeria has said that any commercial bank that failed to comply with the newly…
CBN fines banks N1m daily over refusal of new naira
Wilson Adekumola The Central Bank Of Nigeria has said that any commercial bank that failed to comply with the newly redesigned…
Nigeria’s external reserves hit $136m in two weeks – CBN
The Central Bank of Nigeria have said the country’s external reserves rose by $136m in two weeks. The CBN disclosed this…