CBN eyes stronger digital economy, eNaira grows 190%
The Central Bank of Nigeria is targeting a stronger digital economy to support the growth of the financial systems. This is even as the digital currency, eNaira, records 190.1 per…
World Bank links naira crash to rising food, energy prices
The World Bank Group has hinted on why food and energy crises persisted in Nigeria and other emerging economies in recent months. In its latest commodity markets outlook released at…
CBN To Redesign N200, N500 And N1,000 Notes
The Central Bank of Nigeria (CBN) on Wednesday said it will redesign the N200, N500, and N1,000 notes. CBN Governor, Godwin Emefiele, disclosed this during a special press briefing in…
Buhari presents N19.76tr 2023 budget to NASS Friday
President Muhammadu Buhari will on Friday present the 2023 Appropriation Bill to a joint session of the National Assembly, it has been learnt. Senate President Ahmad Lawan read Buhari’s letter of…
Naira notes will be out of circulation soon, says CBN official
The Central Bank of Nigeria has said that paper currency will soon be out of circulation, urging market men and women to sign into the e-Naira. The Delta State Branch…
JUST IN: CBN office on fire in Benue
The Central Bank of Nigeria (CBN) Makurdi cash office, covering North Central States, is on fire. The cause of the fire is not known but fire fighters were yet to…
Selling forex to banks to end in 2022 – CBN
Selling forex to banks to end in 2022 – CBN, The Central Bank of Nigeria (CBN) has put Deposit Money Banks (DMBs) on notice that it will stop selling forex…
CBN Announces New ATM Withdrawal Charges, Interbank Transfer Fees
CBN Announces New ATM Withdrawal Charges, Interbank, Transfer Fees, The Central Bank of Nigeria (CBN) has issued a downward review of charges for electronic banking transactions in its revised guidelines…