The Nigerian Security Printing and Minting (NSPM) Plc has explained reasons why redesigned naira notes leave ink when rubbed on white surfaces. The company, also referred to as The MINT, ...
The Deputy Governor, Financial System Stability, Central Bank of Nigeria (CBN), Aisha Ahmad, has revealed that Nigerians will not be affected by the cash withdrawal limit. Speaking to the House ...
The Central Bank of Nigeria (CBN) has increased the maximum weekly limit for cash withdrawals across all channels by individuals and corporate organisations to N500,000 and N5 million, respectively. The ...
The Nigerian Financial Intelligence Unit (NFIU) says the government will stop cash withdrawals from federal, states and local government accounts. Modibbo Tukur, director/chief executive officer (CEO), NFIU, disclosed this in ...
Following the viral video of a man who raised an alarm over the fake N1000 note which is already in circulation, Nigerians are beginning to ask questions about the new ...
A Federal High Court sitting in Abuja has reportedly stopped the Department of State Services from arresting the Governor of the Central Bank of Nigeria, Godwin Emefiele, over allegations bothering ...
The Central Bank of Nigeria (CBN) has countered claims that its new policy limiting cash withdrawals is targeted at point-of-sales (PoS) agents in particular. Though the apex bank, on December ...
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