Central Bank of Nigeria

The Central Bank of Nigeria has ordered banks to start collecting the old N500 and N1,000 notes from the public with immediate effect. It, however, pegged the maximum amount the…

Governor Nasir El-Rufai of Kaduna State has accused the Governor of the Central Bank, Mr Godwin Emefiele, of having an ulterior motive behind the the recent monetary policy which has…

Governor Nasir El-Rufai of Kaduna State on Thursday made a state-wide broadcast regarding the naira redesign. In the broadcast titled, “Let us stand up strongly for democracy, peace and national…

President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to release old N200 notes into circulation to co-exist with new N200, N500 and N1,000 banknotes for 60 days.…

NATIONAL BROADCAST BY HIS EXCELLENCY MUHAMMADU BUHARI, PRESIDENT, FEDERAL REPUBLIC OF NIGERIA ON THE CHALLENGES OF THE CURRENCY SWAP AND STATE OF THE NATION, ON 16th FEBRUARY, 2023 My Dear…

The Central Bank of Nigeria (CBN) has created a portal for the deposit of old naira notes. The bank published a notification titled ‘redemption of currency’ during a Wednesday check…

Kaduna State Governor, Nasir El-Rufai, on Wednesday alleged that some Federal Government officials are seeking out-of-court settlement over the controversy trailing the naira redesign by the Central Bank of Nigeria…

The Supreme Court on Wednesday said its February 8 order barring the Federal Government and its agencies from enforcing the February 10 deadline for the use of old N200, N500…

Ondo State Governor, Arakunrin Oluwarotimi Akeredolu, SAN, has asked President Muhammadu Buhari to direct the Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele to reverse the naira redesign…

Governor Dapo Abiodun has warned all commercial banks in Ogun State against refusing to accept old Naira notes from citizens. In a brief statement on his official Twitter page, the…