The Central Bank of Nigeria(CBN) has insisted no going back on its January 31st, 2023 deadline to phase out the old N200, N500 and N1,000 notes.
To this end, the governor of the CBN, Godwin Emefiele has urged Nigerians to go and deposit…
The Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has stated that with the various monetary policy tools in use by the CBN, he foresees inflation figures declining steadily to below 15 per cent by the end of 2023.
Figures from…
The Central Bank of Nigeria (CBN) has received a total of N165 billion so far following its call on Nigerians to deposit all old notes in circulation.
CBN’s Director of Currency Mr Rasheed Adams said this at a post briefing of the Monetary…
No fewer that seven managing director/CEO of insurance companies in the country will vacate their position as the the National Insurance Commission(NAICOM) is set to implement the 10 years tenure limit for the managing directors/CEOs and executive directors(EDs) of insurance and reinsurance…
The Debt Management Office (DMO) disclosed yesterday that it has so far helped the federal government raise N3.3 trillion from the domestic market to finance the 2022 Budget deficit.
The DMO Director General, Ms. Patience Oniha, who made the disclosure in Abuja, at…
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said the apex bank will henceforth take cashless policy seriously, noting that people will fill countless forms and provide their data before they can withdraw large amounts.
Emefiele also said the…
Titan Trust Bank Limited closed application list for a N13.5 billion takeover bid for minority shareholdings in Union Bank of Nigeria (UBN) Plc, in a move that may lead to delisting of the first generation bank from the Nigerian Exchange (NGX).
Offer circular…
The President, Major General Muhammadu Buhari (retd.), on Wednesday morning unveiled the redesigned naira notes across the N200, N500 and N1,000 denominations.
Buhari unveiled the notes at the Council Chambers of the State House shortly before the kickoff of this week’s Federal Executive…
The Monetary Policy Committee of the Central Bank of Nigeria voted Tuesday to increase the benchmark interest rate by 100 basis points to 16.5 per cent, the highest since 2001.
The CBN Governor, Godwin Emefiele, disclosed this while reading the communique of the…
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele on Tuesday said President Muhammadu Buhari will unveil newly designed N1,000, N500 and N200 notes on Wednesday, November 23, 2022.
Emefiele made this known during the apex bank’s Monetary Policy Committee monthly…
