Emefiele Out, Adebisi Shonubi In, as Acting CBN Governor – Tinubu
Following Emefiele’s suspension, President Bola Tinubu named Mr. Folashodun Adebisi Shonubi as the acting governor of the Central Bank of Nigeria. He served as the...
Tag : CBN
BVN Does Not Expire, Says CBN
According to the Central Bank of Nigeria (CBN), the Bank Verification Number (BVN) provided by the bank in partnership with the Nigeria Inter-Bank Settlement System...
Buhari To Extend Use Of Old Naira Notes By 60 Days Over Legal Repercussions
To avoid defying the Supreme Court of Nigeria’s mandate that the old N1,000, N500, and N200 notes continue to be legal tender until the court...
[penci_ads id="penci_ads_1"]
CBN Justifies Change of Old Naira Notes, Says Deadline Untouchable
The Central Bank of Nigeria has stated that the deadline for the old 200, 500, and 1,000 naira notes to stop being legal tender in...
CBN Increase MPR to 17.5% to Control Inflation
In an effort to control inflation, the Central Bank of Nigeria (CBN) increased the Monetary Policy Rate to 17.5 per cent. The Governor of CBN,...
Why CBN New Naira Notes Policy Will Fail
BY DAYO ADESULU Governor of the Central Bank of Nigeria, CBN, Mr Godwin Emefiele has introduced newly designed N200, N500 and N1000 notes with the...
CBN Grants MTN, Airtel Approval To Operate Banking Bussiness
The Central Bank of Nigeria (CBN), has granted the two leading communication giants, MTN Nigeria and Airtel the approval-in-principle to commence banking business in the...
CBN Reveals Security Features of eNaira
BY QUADRI SALIU The Director of Corporate Communications of the Central Bank of Nigeria, Mr Osita Nwanisobi, has defended the criticism from Nigerians questioning the...