Why UK agency approves naira for financing transactions
Britain’s export finance agency will add the naira to its list of “pre-approved currencies” for financing transactions.
Emefiele directs banks to receive old notes
At last the Central Bank of Nigeria (CBN) has made a U-turn, directing that commercial banks in Nigeria should stop rejecting N200, N500, and 1,000 old naira notes.
FG denies plans to borrow N20trn from pension fund
Abuja, May 16, 2024 – The federal government has denied reports that it planned to borrow N20 trillion from the pension fund to develop...
EFCC Hails CBN’s Move To 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 the Nigerian currency, the Naira.
Why CIBN supports Tinubu on exchange rate unification
The Chartered Institute of Bankers of Nigeria (CIBN) has commended President Bola Tinubu for unifying the Naira exchange rate to save the country from financial crisis.
Why CBN relaxes restrictions on Cryptocurrency transactions
The Central Bank of Nigeria (CBN) has relaxed restrictions on transactions on crypt-currencies in the country.
