The Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele, has finally appeared before the House of Representatives. Emefeile is currently before the house of representatives ad hoc committee set up by the…
The Majority Leader of the House of Representatives, Alhassan Ado Doguwa says he suspects that President, Muhammadu Buhari was “misled” into agreeing to the naira redesign policy of the Central Bank of Nigeria (CBN).…
The Presidential Candidates of the Social Democratic Party (SDP), and the Young Progressives Party (YPP) have criticized the Central Bank of Nigeria (CBN) over the currency redesign policy. The presidential hopefuls…
The House of Representatives ad hoc committee has rejected the deadline extension for the validity of the old naira notes. The Central Bank of Nigeria (CBN) had earlier fixed January 31 as the deadline for depositing…
The Central Bank of Nigeria (CBN) has launched the Nigerian national domestic card scheme in order to strengthen the country's electronic payment system. The Nigerian national domestic card scheme is an initiative to…
The Speaker of the House of Representatives, Femi Gbajabiamila, has threatened to issue an arrest warrant for Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), and other bank executives if they ignore the…
The Central Bank of Nigeria (CBN) has dismissed claims that the newly redesigned naira notes are in short supply. CBN said the apex bank has “massively” supplied banks with the new currency and directed them to disburse…
The Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), interest rate, from 16.5 per cent to 17.5 per cent to rein in inflation. In December, Nigeria’s inflation rate fell slightly from 21.47 per…
The Governor of the 36 states has issued an invitation to Godwin Emefiele, the Central Bank of Nigeria (CBN) governor, for a virtual meeting on the recent naira redesign and cash withdrawal limit policies The governors…
The Presidential Candidate of the Labour Party (LP) Peter Obi says replacing the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele will not solve the country’s fiscal problems. Obi said Nigeria’s current…
The Department of State Services (DSS) has denied reports that it invaded the premises of the Central Bank of Nigeria (CBN). There were reports on Monday across News and social media platforms that the DSS stormed the…
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has again written to the House of Representatives, informing it of his unavailability to brief them on the new withdrawal policy of the bank. The CBN…
The Federal High Court in Abuja has dismissed the request of the Department of State Security (DSS) to arrest the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. The secret police had filed an ex parte…
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has ruled out the possibility of reversing the ongoing implementation of the cashless policy. Despite criticisms trailing the CBN's newly introduced…
The House of Representatives is demanding the Central Bank of Nigeria (CBN) to suspend the limits on weekly cash withdrawals by individuals and corporate entities. The resolution was passed during a plenary session on…
The President, Muhammadu Buhari has unveiled the redesigned naira notes. Buhari unveiled the new currency notes at the Council Chambers of the State House on Wednesday morning before the federal executive council (FEC)…
The Senate has resolved to provide legislative support for the policy of the Central Bank of Nigeria (CBN) to redesign the naira notes. The resolution of the upper Chamber followed a motion on the policy by the Chairman…
Yoruba socio-political organization, Afenifere; and its northern and eastern counterparts, Arewa Consultative Forum and Ohanaeze Indigbo, respectively, on Saturday shared the idea of former Vice-President Atiku Abubakar…
The Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, said eNaira has recorded 700,000 transactions valued at N8 billion. The eNaira platform was launched and was inaugurated by President Muhammadu Buhari…
President Muhammadu Buhari, says the Central Bank of Nigeria (CBN) has his support to launch new designs and replace high-value naira notes. This was disclosed in a statement by the president’s media aide, Malam Garba…