Tag: CBN
Fake naira notes in circulation – CBN
The Central Bank of Nigeria (CBN) has raised alarm that counterfeit naira notes are in circulation.
“The attention of the CBN has been drawn to...
CBN directs branches to continue issuing, accepting old, redesigned naira notes
The Central Bank of Nigeria (CBN) has directed its branches nationwide to continue issuing and accepting all denominations of the Nigerian banknotes.
The apex bank...
Court grants Emefiele N300m bail
A Federal Capital Territory High Court in Abuja on Wednesday granted bail in the sum of N300 million to the former governor of the...
Court sends Emefiele to Kuje facility nine days after release
An FCT High Court has remanded a former governor of the Central Bank of Nigeria (CBN) Godwin Emefiele at the Kuje Correctional Centre following...
Naira: Old, new notes remain legal tender – CBN
The Central Bank of Nigeria (CBN) has said that old and new denominations of the naira remain legal tender, directing its branches nationwide to...
Court orders EFCC to release Emefiele
A High Court in the Federal Capital Territory, Abuja has ordered the immediate and unconditional release of former governor of the Central Bank of...
Again, CBN refutes claims of naira redenomination
The Central Bank of Nigeria (CBN) under the leadership of Olayemi Cardoso has refuted the rumour that it is considering redenominating the naira.
A statement...
Reversal of FX restriction on 43 items by CBN unhealthy for...
Dr. Kamoru Yusuf (MON), vice president of the Manufacturers Association of Nigeria (MAN), South-West Zone as well as chairman of the Basic Metal, Iron...
CBN lifts ban on cement, 42 items, increases dollar supply
The Central Bank of Nigeria (CBN) has removed restrictions placed on 43 items, including cement, which were initially not qualified for forex at the...
Who is new CBN governor Olayemi Cardoso?
President Bola Tinubu has nominated Olayemi Cardoso as the new governor of the Central Bank of Nigeria (CBN) subject to confirmation by the Senate.
Presidential...