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Be Calm, Naira Notes Will Circulate — Emefiele To Nigerians

Be Calm, Naira Notes Will Circulate — Emefiele To Nigerians

Spread the love          The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has appealed to Nigerians to show understanding, adding that the redesigned notes will circulate and be accessible. The apex bank also pledged…

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CBN Orders Banks To Begin Over Counter Payment Of New Naira Notes

CBN Orders Banks To Begin Over Counter Payment Of New Naira Notes

Spread the love          The Central Bank of Nigeria (CBN) has directed commercial banks to start handing out the new naira notes to customers over the counter. The directive was made public on Thursday in a statement…

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CBN Partners EFCC, Others To Prosecute Sellers, Abusers Of Naira Notes

CBN Partners EFCC, Others To Prosecute Sellers, Abusers Of Naira Notes

Spread the love          The Central Bank of Nigeria (CBN) has said that it will collaborate with the Nigerian Police, Federal Inland Revenue Service (FIRS), the Economic and Financial Crimes Commission (EFCC) and the Nigerian Financial Intelligence…

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UBA Appoints First Female CEO

UBA Appoints First Female CEO

Spread the love          The United Bank for Africa Plc has appointed Mrs. Abiola Bawuah as Chief Executive Officer (CEO) of UBA Africa. Bawuah will also join the Group Board as an Executive Director, overseeing the Group’s…

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CBN Extends Old Naira Notes Deadline To February 10

CBN Extends Old Naira Notes Deadline To February 10

Spread the love          The Central Bank of Nigeria (CBN) has extended the deadline for the use of the old notes till February 10. CBN Governor, Godwin Emefiele, announced the extension in a statement signed on Sunday.…

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Emefiele: No Scarcity Of New Naira Notes, No Going Back On Deadline

Emefiele: No Scarcity Of New Naira Notes, No Going Back On Deadline

Spread the love          The Central Bank of Nigeria (CBN) has revealed that there is no scarcity of new naira notes, noting that it has supplied commercial banks massively with the new notes. Godwin Emefiele, the CBN…

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Naira Appreciates Against US Dollar Across Markets

Naira Appreciates Against US Dollar Across Markets

Spread the love          On Wednesday, the foreign exchange markets have seen Naira, the currency of Nigeria, perform admirably against the US dollar. According to FMDQ Securities, the local currency in the official market increased against the…

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Cash Swap Programme: CBN Bars Lagos, Abuja PoS Operators

Cash Swap Programme: CBN Bars Lagos, Abuja PoS Operators

Spread the love          Mobile money/Point of Sales agents in Abuja and Lagos have been excluded from the Central Bank of Nigeria (CBN)’s newly launched cash swap programme. The development came as the January 31 deadline for…

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National Assembly Asks Emefiele To Extend Deadline For Use of Old Naira Notes By 6 Months

National Assembly Asks Emefiele To Extend Deadline For Use of Old Naira Notes By 6 Months

Spread the love          The senate and house of representatives have asked the Central Bank of Nigeria (CBN) to extend the deadline for the withdrawal of old naira notes from circulation. The resolution was passed on the…

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Redesigned Naira: Governor Seeks Extension Of January 31 Deadline

Redesigned Naira: Governor Seeks Extension Of January 31 Deadline

Spread the love          The Governor of Yobe State, Mai Mala Buni, has pleaded with the Central Bank of Nigeria to extend the date of January 31 for the phase-out of the old notes. The Central Bank…

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