‘It’s fake news,’ CBN denies devaluing naira
The Central Bank of Nigeria (CBN), has dismissed a report by a national daily that it has devalued the naira ...
Tag: CBN
BREAKING: Again, CBN raises interest rate to 18.5%
The Central Bank of Nigeria (CBN), has again raised interest rate from 18 percent to 18.5 percent. Godwin Emefiele, governor ...
Nigeria’s FG incurs N36.8trn deficit in eight years under Buhari
Nigeria's ederal Government has incurred a deficit spending of N36.8 trillion in eight years under the administration of President Muhammadu ...
Nigeria’s debt servicing hits $112m monthly
Nigeria's Federal Government spent $112.35m servicing external debt in January 2023, according to data from the Central Bank of Nigeria ...
CBN imposes N218m fine on Sterling Bank for breaching regulatory rules
The Central Bank of Nigeria (CBN) has fined Sterling Bank N218 million for breaching nine regulatory provisions. This was revealed ...
No plans to phase out redesigned naira notes – CBN
The Central Bank of Nigeria (CBN) has debunked reports that it is planning the withdrawal of the recently redesigned N1000, ...
Currency in circulation up by 71% to N1.6tn, says CBN
The currency in circulation in the country has increased by N701.4trn in one month to reach N1.6tn in March, 2023. ...
Naira scarcity: E-payment transactions up by 298% to N135trn in three months
The volume of electronic payment transactions increased year-on-year (YoY) by 298 percent to N135.52 trillion in the first quarter of ...
APC: We’ll remember Emefiele for inflicting pains, deaths on Nigerians
The All Progressives Congress (APC) presidential campaign council has stated that the infamous Central Bank of Nigeria Governor, Godwin Emefiele, ...
BREAKING: At last, Emefiele bows, says old naira notes valid till Dec 31
The Central Bank of Nigeria (CBN) says the old N200, N500 and N1000 notes remain legal tender until December 31, ...