CBN Governor Explains why it’s Redesigning Naira Notes
In line with this approval, we have finalized arrangements for the new currency to begin circulation on December 15, 2022
In line with this approval, we have finalized arrangements for the new currency to begin circulation on December 15, 2022
The Central Bank of Nigeria (CBN) said it will redesign the N200, N500, and N1,000 notes, respectively. CBN Governor, Godwin ...
Over 2.5 million daily visits to the eNaira website
The PSBs are required to comply with relevant extant regulations and CBN’s prudential guidelines and circulars which are issued periodically.
On Monday, October 25, 2021, in the State House in Aso Villa, President Muhammadu Buhari formally introduced the digital currency.
“Part of the proposition of the bank is that this National Domestic Card scheme will be created to help drive ...
Government's contingent liabilities as a share of GDP fell from 2.75% in 2020 to 2.64% in 2021
Manufacturers said that other nations, such as South Africa, previously supported these measures as a way to promote industrial activity.
...Emefiele woos investors
CBN would require that foreign banks pay a non-refundable application charge of N5,000,000 and a non-refundable license fee of N10,000,000.
The suspension will last until the Asset Management Corporation of Nigeria (AMCON) and the Nigeria Deposit Insurance Corporation (NDIC) had ...
According to the Federal Government, the National School Feeding Program cost approximately $100 million to feed 10 million Nigerian children. ...
... if allowed would make the CBN a, “statutory corporation under the law, to become a ministry or a mere ...
The value of the Nigerian Naira plunged to a new record low on Thursday morning, trading at a minimum of ...
The CBN had also intervened by releasing $265 million to clear part of the forex backlog.
