Central Bank of Nigeria

The Price Of Everything
Is Tinubu’s Economic Policies Paying Off? Expert Explains Why Naira Is Gaining Against The Dollar

For weeks, the naira, Nigeria’s currency, has surged against the dollar, making it the world’s…

Tinubu Emefiele CBN governor banknotes
We’ve evacuated banknotes to commercial banks to ease circulation – By CBN

The Central Bank of Nigeria (CBN) has confirmed the evacuation of banknotes from its vaults…

Godwin Emefiele new Naira
Emefiele never said shortage of materials hindering the printing of new Naira notes – By CBN

The attention of the Central Bank of Nigeria (CBN) has been drawn to a misleading…

Buhari's government wrong policies
A timeline of Buhari’s government, his wrong policies and how he’s leaving Nigerians angrier than he met them

“The countless man-hours that will be spent at petrol stations today, will reduce our productivity…

Is Nigeria more secure than in 2015 as Buhari said in his farewell speech? Here's what data suggest
Explainer: What Supreme Court’s ruling on Naira notes deadline means for Nigerians

On Wednesday, February 8, 2023, the Supreme Court of Nigeria restrained the Federal Government from…

Why CBN Directed banks to start collecting old ₦500, ₦1000 notes. Banker tells Neusroom
Why we are limiting cash withdrawal to ₦‎100,000 per week for individuals – By CBN

Further to the launch of the redesigned Naira notes by the President of the Federal…

Nigerian Naira
The Story Of How Naira Replaced The Pound As Nigerian Currency

January 2022, makes it 49 years since the Naira became Nigeria’s official currency. Although it…

Who are the NIGERIANS o the naira note YT
Who are the Nigerians on the Naira note?

In 2012, the governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi, announced that…

USSD services for financial transactions will now be charged at N6.98 per transaction – CBN, NCC

  Mobile Network Operators (MNOs) and Deposit Money Banks (DMBs) have had protracted disagreements concerning…

Cryptocurrencies lack intrinsic value, do not have fundamentals and would never have – CBN

  Response to Regulatory Directive on Cryptocurrencies The attention of the Central Bank of Nigeria…

Beneficiaries of diaspora remittances will now receive inflows in foreign currency – Godwin Emefiele

  Over the past few days, the Central Bank of Nigeria (CBN) has announced new…

CBN’s directive can’t stop the ‘inevitable downsizing’ in the banking sector – Experts

  Some financial experts have said the directive issued by the Central Bank of Nigeria…

COVID-19: “No bank in Nigeria shall retrench or layoff staff of any cadre” – CBN

  The Central Bank of Nigeria (CBN) has instructed banks in the country not to…

Fire razes Central Bank of Nigeria branch in Jos

The Centran Bank of Nigeria (CBN), on Tuesday, said its Jos branch in Plateau State…

CBN issues advisory on how to avoid falling victim to COVID-19 cyber-attacks, fraud

The Central Bank of Nigeria (CBN) has issued a precautionary advice to Nigerians on how…

How CBN’s suspension of cheque clearing will affect your business

The Central Bank of Nigeria (CBN) has announced that it has temporarily suspended the clearing…

CBN explains why it is releasing N50bn loan to households, MSMEs and how to access it

As confirmed cases of COVID-19 increases to 65 in Nigeria, leading to shutdown of businesses…

Robbery, fraud lead to loss of N12.06bn in Nigerian banks within six months

A new report by CBN has confirmed that Nigerian banks lost over 12bn naira in just six months due to robbery and fraud.