Central Bank of Nigeria

CBN Directs Banks To Issue, Accept Old, Redesigned Banknotes

November 29, (THEWILL) - The Central Bank of Nigeria (CBN) has directed all its branches to continue to issue and accept all denominations of Nigerian banknotes, both old and redesigned ones, to and from deposit money banks (DMBs). The directive...

Court Adjourns Hearing On Procurement Fraud Against Emefiele To Jan 2024

November 28, (THEWILL) - A Federal Capital Territory High Court, sitting in Maitama, Abuja, has adjourned until January 18 and 19, 2024, hearing on an alleged procurement fraud against former Governor of the Central Bank of Nigeria (CBN), Godwin...

Old Naira Notes Remain Legal Tender Indefinitely – CBN

November 14, (THEWILL) - The Central Bank of Nigeria (CBN), on Tuesday, said it has extended the legal tender status deadline of the old design of N200, N500 and N1,000 denominations. In a statement signed by its Director, Corporate Communication,...

Supplementary Budget: FG Seeks N1.7trn Ways and Means Loan From CBN

November 12, (THEWILL) - In a curious twist of events, the Federal Government has asked the Central Bank of Nigeria (CBN) for a loan of around N1.7 trillion to help it fund the 2023 supplementary budget, two sources familiar...

FEATURES: Nigeria’s Endless Search For Foreign Investments

November 12, (THEWILL) - Senator Adams Oshiomhole practically shocked the entire world the other day, during the screening of the new helmsman at the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso and his deputies at the Chambers of...

EXCLUSIVE: FG Seeks N1.7trn Ways And Means Loan To Fund 2023 Supplementary Budget

November 10, (THEWILL) - The Federal Government has asked the Central Bank of Nigeria (CBN) for a loan of around N1.7 trillion to help it fund the 2023 supplementary budget, two sources familiar with the development told THEWILL on...

All Banknotes Remain Legal Tender – CBN Tells Nigerians

November 08, (THEWILL) - The Central Bank of Nigeria (CBN), on Wednesday, directed members of the public to accept all CBN-issued banknotes (including the old and redesigned banknotes) currently in circulation, saying "all banknotes issued by the CBN remain...

Cardoso Hosts Khalifa Sanusi, Impact Investing Community, Restates CBN’s Focus On Price Stability

November 05, (THEWILL) - ABUJA – The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has reiterated that under his leadership, the Bank will focus mainly on the core mandate of price stability. He disclosed this...

Release Emefiele Or Produce Him In Court Monday – Court Orders EFCC

November 02, (THEWILL) - A High Court, siting in Maitama, Abuja, has ordered the Economic and Financial Crimes Commission (EFCC), to unconditionally release Godwin Emefiele, a former Governor of the Central Bank of Nigeria (CBN), or produce him in...

No Plans To Redenominate Naira – CBN

October 31, (THEWILL) - The Central Bank of Nigeria (CBN) has refuted social media reports that it is planning to redenominate the Naira with effect from January 2024. The apex bank, in a statement on Tuesday, signed by Isa AbdulMumin,...
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