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CBN Debunks False Claims About Capacity of NSPMC Plc, Alleged Threats To Close Some Deposit Money Banks 

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The attention of the Central Bank of Nigeria (CBN) has been drawn to a misleading report misquoting the Governor, Mr. Godwin Emefiele, as attributing...
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National Council Of State endorses currency redesign policy, asks CBN to flood notes

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The National Council of State has endorsed the currency redesign policy introduced by the Central Bank of Nigeria (CBN), adding that it should make...
Business

Council of State to CBN: Print more new Naira notes or recirculate old ones

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The meeting of the Council of State presided over by President Muhammadu Buhari which held in Abuja on Friday has directed the Central Bank of...
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Police, DSS meet with CBN, bank managers meet over scarcity of new Naira notes

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The Police and DSS on Thursday held an emergency meeting with the Branch Controller CBN and all Commercial Bank Managers in Kebbi over shortage...
Business

Updated: Supreme Court temporarily halts banning of old Naira notes from February 10

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By Yemi Oyeyemi, Abuja The Supreme Court on Wednesday temporarily halted the move by the Federal Government to ban the use of the old naira...
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Supreme Court to the rescue: Stops FG, CBN from banning old notes

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The Supreme Court of Nigeria has said neither the Federal Government or the Central Bank of Nigeria can stop the use of old notes. Details...
Business

Curious: FG blames opposition parties for cash, fuel crunch; petrol marketers plan shutdowns

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The days are painful in Nigeria. Bankers are butts of attacks, now clambering down over their fences, instead of front doors to leave their...
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Nigerians wait on Buhari, Supreme Court on currency swap as court stops FG, CBN

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Beyond the threat of boycotting the 2023 general elections if the Federal Government or the Central Bank of Nigeria (CBN) extends the deadline for...
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13 parties threaten to boycott elections if CBN extends currency swap deadline

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On a day three state governments dragged the federal government to the Supreme Court seeking to compel an extension of the use of old...
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Kogi, two states drag FG to Supreme Court over new naira notes; son of naked man, friends in bank attack banker (+Video)

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The state governments of Kogi, Kaduna, and Zamfara states have headed to the Supreme Court to stop the Federal Government from implementing the Naira...
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