Senator Sheu Sani condemned the CBN governor for shunning the minister of finance Ahmed Zainab on her notion against the redesignation of the naira note, an action recently …
CBN
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Breaking News
CBN Reduces POS Withdrawals To N20k Per Day, Regulates Banks Transactions
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byiDeemlawful
The Central Bank of Nigeria (CBN) has limited weekly cash withdrawals over the counter to N100,000 for individuals and N500,000 for organisations regardless of their size. This is …
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Breaking News
CBN Explains FG’s Strategy To Secure Redesigned Currency Against Counterfeit
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byiDeemlawful
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) has hosted that Nigeria the newly redesigned naira cannot be counterfeited. Recall that President Muhammadu Buhari on Wednesday, …
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Breaking News
Reactions As Nigerians Raise Questions Over Shocking Naira Redesign
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byiDeemlawful
Many Nigerians have criticised the newly redesigned naira notes, saying they look like fake currencies. President Muhammadu Buhari on Wednesday, November 23, 2022, unveiled new N1000, N500, and …
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Breaking News
Banks Record High Figures Of Cash Deposits In Two Weeks As CBN Set To Release New Naira Notes
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byiDeemlawful
Barely two weeks after the announcement of plans by the Central Bank of Nigeria (CBN) to redesign some naira notes, about N52 billion cash has been deposited. There …
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Breaking News
Naira Falls Further Against Dollar Amid News Of Redesigning Local Currency [See New Price]
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The naira has depreciated further against the dollar at the parallel as it now exchanges for N818 per dollar as of Monday, Ocotober 31, 2022. According to reports, …
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Breaking News
Apex Bank, CBN Deploy Means To Report Banks With Poor Operations, Customer Supports
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The Apex Bank, Central Bank of Nigeria, CBN, has deployed means with a guide for bank customers and others on how they can report their banks, if complaints …