CBN

February 07, (THEWILL) - The Central Bank of Nigeria (CBN) has directed financial institutions in the country to freeze bank accounts of individuals linked to Abdul Rahman Makki. The apex bank conveyed the directive in a circular to all Deposit...

February 07, (THEWILL) - President Muhammadu Buhari on Tuesday, held a closed-door meeting with Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN); Atiku Bagudu, the Chairman of the Progressive Governors’ Forum, and Aminu Tambuwal, the Chairman...

February 07, (THEWILL) - Kano State Governor, Abdullahi Umar Ganduje, has alleged that anti-democratic forces, who worked against the success of the June 12, 1993, presidential election are reuniting and planning to use the naira redesign policy of...

February 06, (THEWILL) - The Conference of Nigerian Political Parties (CUPP) has expressed support for the February 10 deadline by the Central Bank of Nigeria (CBN), to phase out the old N1000, N500 and N200 notes. CUPP is an association...

CBN INTERVENTION IN BAUCHI AND GOMBE STATES The real sector development initiatives of the Central Bank of Nigeria (CBN) were introduced to stimulate and sustain growth in key sectors of the economy, revive moribund sectors, empower the youth population, explore...

February 02, (THEWILL) - Amid long queues at Automated Teller Machines, ATMs, the Central Bank of Nigeria (CBN), has directed Deposit Money Banks (DMBs), to commence the payment of the redesigned Naira notes over the counter, subject to a...

January 30, (THEWILL) - The Central Bank of Nigeria (CBN) has directed commercial banks to, henceforth, pay customers over-the-counter with the lower Naira denominations. These include N100, N50, N20, N10 and N5 notes regardless of how much a customer is...

January 29, (THEWILL) - The Central Bank of Nigeria (CBN) has announced a 10-day extension of the deadline for the use of old naira notes across Nigeria. CBN Governor, Godwin Emefiele, announced the extension on Sunday, in Daura, Katsina...

January 26, (THEWILL) - The Central Bank of Nigeria (CBN) on Thursday, launched the Nigerian National Domestic Card Scheme, AfriGo, to boost the electronic payment system in the country. CBN Governor, Godwin Emefiele, who launched the card at...

January 24, (THEWILL) - President Muhammadu Buhari has approved the constitution of a 14-man Steering Committee on Petroleum Products Supply and Distribution management. The committee is chaired by President Buhari, in his capacity as the Minister of Petroleum Resources and...