CATEGORY
Economy
Naira Redesign and Solving the Policy Backlash
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By Haruna Yunusa Saeed
On October 26, 2022, the Central Bank of Nigeria, CBN, announced its decision to redesign the paper notes of N200, N500...
CBN Spends N160 Billion Annually On Currency Production, Destruction
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The Deputy Governor, Financial System Stability, Central Bank of Nigeria (CBN) , Aisha Ahmad, has said the amount spent on maintaining the naira has...
We Don’t Know Quantities Of New Notes Printed – CBN
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Deputy Governor of the Central Bank of Nigeria in charge of Financial Stability, Aisha Ahmad, has said she does not know the quantities of...
CBN Backtracks, Raises Individual Cash Withdrawal Limit To N500,000 Weekly
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The Central Bank of Nigeria (CBN) has made an upward review of its cash withdrawal limit policy as individuals can now withdraw N500,000 cash...
CBN Writes Reps Says Emefiele ill, to be Represented at Hearing
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The Governor of the Central Bank of Nigeria, Godwin Emefiele, will not appear before the House of Representatives on Thursday, the apex bank has...
CBN Releases Security Features of New Naira Notes
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In a bid to protect Nigerians from falling victim of counterfeiters, the Central Bank of Nigeria, CBN, has released details and position of the...
Nigerian Court Stops Secret Police From Arresting Central Bank Head Emefiele
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A federal high court sitting in Abuja has declined an application by the Department of State Services (DSS) to arrest and detain Godwin Emefiele, governor...
Obiano Funded Multi-million Naira Dream With Passion and Prudence
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Former governor of Anambra State, Chief Willie Obiano, made history on April 11, 2017, when he discussed the Airport City Project in Umueri, Anambra...
Few Days After Release, Fake New N1,000 Notes in Circulation
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Few days after the Central Bank of Nigeria, CBN, released the redesigned naira notes in the denominations of N200, N500 and N1,000, fake copies...
Obaseki Lifts Edo Out of Top 10 Most Indebted States in Nigeria
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… as Rivers, Lagos, Ogun top list
On the back of prudent management of scarce resources by the Governor Godwin Obaseki-led administration, Edo State is...