CBN

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…

President Muhammadu Buhari has unveiled redesigned notes for the highest denominations of Nigeria’s currency. He performed the brief but colourful event on Wednesday at the Council Chambers of the Presidential Villa, Abuja, shortly…

The Central Bank of Nigeria says the current series of N200, N500 and N1,000 notes remain legal tender until the deadline of January 31, 2023. The Apex bank announced this in a tweet on Friday. This comes as some groups have…

The Nigerian senate on Wednesday reconvened in plenary and immediately began debate on the redesign of naira notes by the Central Bank of Nigeria, (CBN). The debate on naira notes redesign was sequel to a point of order by…

The Lagos Chamber of Commerce and Industry, LCCI, has urged the Central Bank of Nigeria, CBN, to implement the correct calibration of monetary policy, considering the resilience of  the economy and the implications of the global…

A Professor of Economics at the University of Ilorin, Kwara state,north central Nigeria, Professor Gafar Ijaya, has commended the Central Bank of Nigeria for its move to redesign the Naira notes. Ijaya said the exercise was coming 12…

The Central Bank of Nigeria (CBN) and Nigeria Inter-Bank Settlement Systems (NIBSS) Plc, with the Bankers’ Committee are set to launch a national card scheme to improve payment systems in Nigeria. The implementation of the…

The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) have formally announced the completion of a Share Purchase Agreement (SPA) for the acquisition of 100% of the equity in Polaris Bank by…

The house of Representatives has resolved to direct the Central Bank of Nigeria, CBN, to suspend the sale of Polaris Bank PLC . This was sequel to a motion by a member from Imo state, Mr Henry Nwawuba at plenary. The…