Nigeria’s national currency, naira has begun a free fall against the U.S. Dollar as it fell to N818/$1 at the parallel market on Monday in...
Buhari Snubs Finance Minister, Says “CBN Has My Backing In Replacing Naira Notes”
President Muhammadu Buhari on Sunday said that the decision of the Central Bank of Nigeria (CBN) to launch new designs and replace high value Naira...
CBN Fires Back At Finance Minister, Says President Buhari Approved Naira Redesign Project
The Central Bank of Nigeria (CBN) has said it followed due process as far as redesigning three series of the naira is concerned. Spokesperson of...
EFCC Hails CBN On Redesign And Reissue Of Higher Denominations, Says It Will Help Clampdown On Currency Hoarders
The Economic and Financial Crimes Commission, EFCC, has applauded the move by the Central Bank of Nigeria, CBN, to redesign and reissue higher denominations of...
World Bank Accuse CBN Of Fuelling Nigeria’s Inflation With Its Intervention Funds
The World Bank has accused the Central Bank of Nigeria (CBN) of fuelling Nigeria’s inflation with its intervention funds saying that in the short term,...
INEC May Relocate Sensitive Materials From CBN Over Emefiele’s Partisanship, Says Yakubu
The Independent National Electoral Commission on Thursday said there is a possibility of moving sensitive materials from the Central Bank of Nigeria (CBN) to another...
In reaction to the negative effects of the pandemic, Coronavirus, the Central Bank of Nigeria (CBN) on Monday cut interest rates on all applicable apex...