[JUST IN] CBN Debunks Report Directing Banks to Accept Old N500, N1000 Banknotes
The Central Bank of Nigeria (CBN) has denied a news report quoting a bank source as saying the apex bank ...
Tag: CBN
[BREAKING] CBN Orders Banks to Accept Old N500, N1,000 Notes
"No, we didn't", CBN clarifies The Central Bank of Nigeria has reportedly directed banks to begin collecting old N500 and ...
CBN Reviews Cellulant’s Licence
The Central Bank of Nigeria (CBN) has renewed Cellulant’s Payment Service Solution Provider License in Nigeria. This license enables Cellulant ...
CBN Renews Payment Service Solution Provider License for Cellulant
This license enables Cellulant to continue providing online and offline payment solutions, including collections, check-out, biller aggregation, and payout services ...
[BREAKING] Buhari Orders Return of Old N200 Notes into Circulation
In a bid to ameliorate the sufferings of Nigerians, President Muhammadu Buhari has authorized the use of the old N200 ...
FG Officials Want Only Old N200 Note to Remain Legal Tender Till April 10, says El-Rufai
..."N500, N1000 old Naira notes already destroyed" The Kaduna State Governor, Malam Nasir El-Rufai, has clarified that some officials within ...
[BREAKING] Accept Old Naira Notes or Face Prosecution, says Governor Sanwo-Olu
After the Supreme Court adjourned the hearing on the naira redesign policy to February 22, the Lagos State Governor, Babajide ...
TajBank Becomes First Corporate Entity to List Sukuk Bond on NGX
TAJBank Limited, a rapidly expanding non-interest banking services provider in Nigeria, became the first corporation to list Sukuk Bonds on ...
Economist Predicts Naira Crisis Could Result in Monthly Loss of $18M in GDP
According to Bismarck Rewane, CEO of Financial Derivatives Company, Nigeria will suffer a total GDP loss of $18 million per ...
“Old Naira Notes Cease to be Legal Tender on Feb 10,” CBN Insists
Despite a supreme court order prohibiting the Central Bank of Nigeria (CBN) from enforcing the deadline for depositing old naira ...
CBN Charges Nigerians to use eNaira, Internet Banking as Alternatives to Cash
The Central Bank of Nigeria (CBN) has urged Nigerians to use eNaira and internet banking instead of cash. eNaira is ...
Sterling Bank Appoints Singhal as Non Executive Director
Mr. Manish Singhal has been appointed as a Non-Executive Director of Sterling Bank Plc. This information was found in a ...
Bank Directors to Address Naira Scarcity
The current naira scarcity, occasioned by the currency swap policy of the Central Bank of Nigeria (CBN), is taking a ...
Driving Cashless Economy on Steroids: Strategic or Suicidal?
We are eager to hear your thoughts on this riveting subject. Is the drive for a cashless economy by CBN ...
[Naira Scarcity] Bank Officials now Dress Casually to Work
The circumstances surrounding the Naira's scarcity have led some Nigerians to resort to violence in some parts of the country, ...