‘It’s fake news.’ CBN denies receiving Buhari’s orders to reissue old naira notes
The Central Bank of Nigeria (CBN) has denied receiving presidential orders to reissue the old N500 and N1000 naira notes. ...
Tag: Osita Nwanisobi
CBN denies directing banks to collect old N500, N1000 notes
The Central Bank of Nigeria (CBN), has denied directing commercial banks to collect old N500 and N1,000 from Nigerians, dismissing ...
Naira scarcity: CBN debunks reports that it plans to shut down some banks
The Central Bank of Nigeria (CBN) has debunked reports alleging that it threatened to shut down some deposit money banks ...
CBN directs banks to pay maximum of N20,000 new notes over-the-counter
The Central Bank of Nigeria (CBN), has directed deposit money banks to pay a maximum of N20,000 of new naira ...
CBN threatens to sanction banks hoarding new naira notes
Central Bank of Nigeria (CBN), has threatened to impose severe sanctions against any bank hoarding the new currency notes. The ...
Naira redesign: CBN orders banks to open on Saturdays
The Central Bank of Nigeria (CBN) has instructed commercial banks in the country to work on Saturdays to enable customers ...
CBN to Finance Minister: Buhari approved naira redesign
The Central Bank of Nigeria (CBN) says it followed due process as far as redesigning three series of the naira ...
Trapped funds: CBN releases $265m to airlines
The Central Bank of Nigeria (CBN), on Friday, released $265m to airlines operating in the country as part of efforts ...
Our clampdown on dollar-to-naira conversion is against politicians not businessmen – CBN
The Central Bank of Nigeria (CBN) has explained that the statement made by Mr. Godwin Emefiele, its governor, regarding purchase ...
CBN reacts to rumours of Emefiele’s sack
Osita Nwanisiobi, head of corporate communications of the Central Bank of Nigeria (CBN), has reacted to rumours of the sack ...