Tag: Central Bank of Nigeria (CBN)
Why Okada riders in Kubwa reject new Naira notes
ABUJA- Some commercial motorcyclists, popularly known as Okada riders, in Kubwa area of the Federal Capital Territory (FCT) are rejecting the new Naira notes...
No plans to phase out redesigned Naira notes – CBN
ABUJA- The Central Bank of Nigeria (CBN) says no plans to phase out the redesigned Naira notes from circulation.
CBN’s Acting Director, Corporate Communications Department,...
Governors to meet Buhari on new revenue formular presentation to NASS
ABUJA- The 36 states governors are to meet President Muhammadu Buhari to discuss with him on the need to present new revenue formular to...
Norwegian council, stakeholders want stockfish delisted from forex ban
LAGOS- The Norwegian Seafood Council and stockfish stakeholders have stressed the need for the Federal Government to delist stockfish from the list of items...
Naira notes: Buhari, Malami under pressure for out-of-court settlement – Timi...
ABUJA (Sundiata Post) - Governors on the platform of the All Progressives Congress (APC), are currently mounting intense pressure on President Muhammadu Buhari and...
Buhari’s wife blames hackers after sharing fake CBN notice on old...
ABUJA - Mrs Aisha Buhari, the First Lady of Nigeria, has said hackers were responsible for the fake Central Bank of Nigeria (CBN) notice...
Only N200 old notes to be reissued, circulated – CBN
By LYDIA NGWAKWE
LAGOS- The Central Bank of Nigeria (CBN) says only N200 old notes are to be reissued and circulated concurrently with the new...
Old naira notes: How CBN reversed itself but accused media of...
ABUJA - Following the directive of President Muhammadu Buhari that Nigerians should take old N500 and N1000 notes to the Central Bank of Nigeria...
Currency redesign: Open letter to Governor Nasir El-Rufai, By Gloria Mabiam...
Dear Governor Nasir Elrufai,
In the normal course of events, this would have been an engagement on marking down your last 100 days as Governor...
Old naira notes no more legal tender in Nigeria – CBN...
BAUCHI - The Central Bank of Nigeria (CBN) has declared that the old Naira Notes of N200, N500 and N1000 have ceased to be...
Governor orders arrest of those rejecting old naira notes
GUSAU - Governor Bello Matawalle of Zamfara Statevhas ordered the arrest of anyone who refuses to accept the old currency notes of N200, N500...
BREAKING: CBN extends deadline for old naira notes
ABUJA - The Central Bank of Nigeria has finally extended the deadline for the exchange of old naira notes by 10 days.
In a press...
CBN bows to pressure, reviews cash withdrawal limits to N500,000, N5m
By KADIRI ABDULRAHMAN
ABUJA - The Central Bank of Nigeria (CBN) has announced an upward review of cash withdrawal limits to N500,000 and N5 million...
Decision to redesign naira positive for economy – Experts
By KADIRI ABDULRAHMAN
ABUJA- Some financial experts have commended the Central Bank of Nigeria (CBN) for its decision to redesign the naira, saying that...
EFCC hails CBN’s move to clampdown on currency hoarders
By PHILOMINA ATTAH
ABUJA- The Economic and Financial Crimes Commission (EFCC) has applauded the move by the Central Bank of Nigeria (CBN) to redesign and...
Trust, justice, national identity key to cohesion – Moghalu
By RUTH OKETUNDE
ABUJA- Prof. Kingsley Moghalu, a former Deputy Governor of the Central Bank of Nigeria (CBN), has emphasised that trust, social justice and...
Nigerian wins Adam Smith Prize for PhD excellence
By FATIMA MOHAMMED-LAWAL
ILORIN- Dr Babatunde Omotosho, an alumnus of the University of Ilorin (Unilorin), has won the 2021 Adam Smith Business School Prize for...
eNaira and global digital currency revolution
By ABDULRAHMAN KADIRI
When the Central Bank of Nigeria (CBN) introduced its digital currency, the eNaira in October 2021, the idea was to create an alternative...