CBN

February 17, (THEWILL) - The Central Bank of Nigeria (CBN) has refuted media reports that it had authorised the Deposit Money Banks (DMBs) to collect the old N500 and N1,000 banknotes from customers and members of the public. CBN Director,...

February 16, (THEWILL) - President Muhammadu Buhari on Thursday, said the naira swap and cashless policy of the Central Bank of Nigeria (CBN), have short and long-term benefits for the country in dealing with insecurity and corruption. The President’s remarks...

February 16, (THEWILL) - President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to intensify collaboration with anti-corruption agencies, in checking the activities of those bent on frustrating the smooth implementation of the currency re-design policy. “I...

February 15, (THEWILL) - A survey conducted by this newspaper between February 10 and 14, 2023 revealed that more residents of Lagos, Nigeria’s commercial capital, have embraced alternative payment platforms as the scarcity of Naira notes bite harder. ...

February 14, (THEWILL) - The Central Bank of Nigeria (CBN) on Tuesday, blamed "pervasive incidences of hoarding and predatory activities of some vendors and unscrupulous Nigerians", for the hardship experienced by citizens, following the Naira Redesign policy. CBN Governor, Godwin...

February 14, (THEWILL) - The Central Bank of Nigeria (CBN)  has said that there was no need to shift the February 10, 2023 deadline of the old N200, N500 and N1000 banknotes. Recall that the apex bank had fixed February...

February 13, (THEWILL) - President Muhammadu Buhari, on Monday, met with the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, at the Presidential Villa, Abuja. While details of the closed-door meeting are still sketchy, THEWILL reports it may...

President Muhammadu Buhari's approval for the constitution of a 22-man Presidential Transition Council to ensure a smooth handover to a newly-elected President on February 25, 2023 underlines his commitment to a free and fair election this year. A senior government...

February 11, (THEWILL) - The Central Bank of Nigeria (CBN) has debunked a misleading report misquoting the Governor, Godwin Emefiele, as attributing the current challenge in the distribution of the newly redesigned naira banknotes to a shortage of printing...

February 09, (THEWILL) - The Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), has said the federal government will comply with the Supreme Court order restraining it and the Central Bank of Nigeria (CBN), from implementing...