Tag : CBN
Scarcity of new naira notes across states
Nigerians have continued to besiege banks across the country to either deposit the old naira notes and withdraw the new notes which they said is...
Reps reject CBN’s naira swap extension
The House of Representatives Adhoc Committee on new naira re-design and naira swap policy has rejected the ten days extension granted by the Central Bank...
Currency swap will not affect businesses- Buhari
President Muhammadu Buhari has assured that citizens will not be harmed in their businesses, and the entire supply chain arising from the currency swap due...
CBN urges Nigerians to deposit old notes
The Central Bank of Nigeria says with barely three days to the deadline for the deposit of the old 200, 500 and 1000 naira notes,...
Old notes: Senate requests deadline extension
The Senate has again appealed to the Central Bank of Nigeria, CBN, to extend the deadline for the withdrawal of old naira notes from circulation...
CBN increases interest rate to 17.5%
The Central Bank of Nigeria has announced an increase in the Monetary Policy Rate from 16.5 to 17.5%. The Bank’s Governor, Godwin Emefiele announced the...