CBN

The Central Bank of Nigeria has disbursed N114.17bn to beneficiaries under its 100-for-100 Policy on Production and Productivity since the commencement of the intervention. This was disclosed in a communiqué issued by the CBN Governor,…

Nigeria’s Central Bank digital currency (CBDC) has been extended to feature phone users with the unveiling of the eNaira USSD channel. The channel would enable subscribers to cash in and out of the eNaira platform using USSD, an…

The Central Bank of Nigeria says it did not authorise Deposit Money Banks to accept old N500, N1000 notes. The Bank in a statement signed by the Director Corporate Communications, Osita Nwanisobi said only the old …

Membersof the management team of the Central Bank of Nigeria are to meet on Monday to review the crisis that the naira redesign policy has generated to come up with solutions to the cash scarcity that has hit the country. The meeting…

 A High Court of the Federal Capital Territory in Nigeria, has stopped President Mohammadu Buhari, the Central Bank of Nigeria, its governor and 27 commercial banks from suspending, stopping, extending or interfering with the…

The Central Bank of Nigeria has requested for partnership with the National Youth Service Corps, NYSC on the use of internet money for Corps Members. It also said the electronic platform would offer its users the ease of payments at no…

The Nigeria Governors Forum, NGF, has appointed the governor of Anambra state, Prof. Chukwuma Charles Soludo to chair a six man committee set up by the NGF to engage with the Central Bank of Nigeria (CBN) in addressing anomalies in the…

The Central Bank of Nigeria (CBN), has sensitised traders in the Onitsha market in South East Nigeria on the need to accept the redesigned Naira notes. The team was led by the Head of Corporate Communications Department, CBN, Mr.…

The Nigerian Senate on Wednesday confirmed the appointment of Mrs. Aishah Ahmad and Mr. Edward Lametek Adamu as the deputy governors of the Central Bank of Nigeria, CBN for a second term in office.…

A development economist, Olusiji Aina, has called on the Central Bank of Nigeria, CBN to roll out policies that would discourage people from withdrawing large sums of money from the bank. Dr. Aina made the call following CBN's…