THE Governor of the Central Bank of Nigeria, Godwin Emefiele, on October 26, 2022, announced that new Naira notes would be introduced to replace the current 200, 500, and 1,000 Naira notes. Emefiele said the redesign will take effect from…
THE Central Bank of Nigeria (CBN) has promised to protect Nigerians without bank accounts, to ensure they don’t suffer any loss in the proposed Naira redesign exercise. According to the bank, it would protect Nigerians in Unbanked, Underserved, and Rural…
PRESIDENT Muhammadu Buhari has said his administration will not go back on the plan of the Central Bank of Nigeria (CBN) to redesign the nation’s highest currency notes of N1,000, N500, and N200. Buhari said this on Wednesday evening in…
THE Central Bank of Nigeria has stopped disbursing funds to farmers under the Anchor Borrowers Programme which started in 2015, but beneficiaries kicked against this on Thursday. Presidents of 68 agricultural commodities’ associations told journalists in Abuja on Thursday that…
THE Central Bank of Nigeria (CBN) has stated that Nigeria cannot stop borrowing, especially when it is necessary as part of fiscal responsibility. Godwin Emefiele, the governor of the Central Bank of Nigeria, made this statement at a national dialogue…
16 years after their disengagement by former employers, ex-banks’ staff members retrenched during the 2005 banking re-capitalization converged in an office located in a mechanics’ compound at Aina Eleko Street, Maryland, Lagos to urge the Central Bank of Nigeria, CBN, and the…
