CBN issue fresh cash withdrawal limits
Promise Eze The Central Bank Of Nigeria (CBN) has imposed fresh cash withdrawal limits on individuals and organisations. This policy…
Bandits demand new naira as ransom after kidnapping villagers in Zamfara
Promise Eze Bandits seemed to have adopted a new monetary policy. They have demanded for new naira notes as ransom…
Reactions As Buhari Launches Newly Redesigned Naira Notes
Oyero Abiodun Yakub Today at the State House in Abuja, President Muhammad Buhari officially unveiled the redesigned naira notes, which…
Dollar will crash to N200, EFCC chairman declares
Promise Eze The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has predicted that the dollar might…
Black Market Dollar Trading, Banks Move To Stop Cash Transactions
As part of efforts to stop black market trading of dollars legitimately acquired at Bank rate for Personal Travel Allowance…
Lawyer writes CBN over banks’ failure to follow directives on failed transactions
A Lagos-based lawyer, Olajide Abiodun has written to the Central Bank of Nigeria (CBN) over the non-compliance of commercial banks…
CBN to commercial banks: Stop including mutilated banknotes in your deposits
Leshi Adebayo The Central Bank of Nigeria has declared that it will no longer be accepting composed Naira notes from…
CBN records 600,000 eNaira downloads in less than 4 weeks
Leshi Adebayo Since its launch in October, the Central Bank of Nigeria (CBN) has revealed that the eNaira app has…
Economy expert urges FG to save declining foreign reserves
Leshi Adebayo The Head of the Economics Department, University of Ibadan, Professor Bola Adenikinju has stressed the need for the…
CBN says Nigerians will enjoy free transactions on eNaira for 90 days
Aishat Ibrahim Following the launch of Nigeria’s first digital currency, the Central Bank of Nigeria (CBN) has announced that charges…