During the trial of former Central Bank of Nigeria (CBN) Governor Godwin Emefiele on Wednesday, a former acting CBN Governor, Folashodun Shonubi, testified that...
The Central Bank of Nigeria (CBN) has responded to the recent shortage of naira notes, shedding light on the causes behind the scarcity. This clarification comes...
The Supreme Court has declared that both the old and new naira notes will maintain their status as legal tenders. Specifically, the court mandated the continued...
The Federal Government has formally requested the Supreme Court to extend the validity of old naira notes as legal tender beyond the stipulated December 31 deadline....
As the December 31st deadline for the use of the old N200, N500, and N1000 banknotes approaches, a shortage of cash has reemerged in Kano and...
Primate Elijah Ayodele, the influential leader of the INRI Evangelical Spiritual Church, has called on Yemi Cardoso, the Governor of the Central Bank of Nigeria...
The Central Bank of Nigeria has reaffirmed its commitment to gradually phase out the old N200, N500, and N1,000 naira notes while issuing new currencies. This...
In November 2017, it emerged that suspended Governor of Nigeria’s Central Bank, Godwin Emefiele, had significant interests in an off-shore company registered in Bermuda, which...
The number of account holders placed on the bank verification number (BVN) watch list for fraud-related activities jumped 25 per cent to 7,552 in about nine...
The Central Bank of Nigeria (CBN) has quashed reports that it planned to phase out the newly redesigned N1, 000, N500, and N200 notes. The CBN...