New Notes: Ganduje Urges CBN To Extend Jan. 31st Deadline
Kano state governor Abdullahi Ganduje has urged the CBN to extend the January 31st deadline for the phasing out of the old naira notes.
New Naira Notes: Gbajabiamila Threatens To Order The Arrest Of Emefiele And Other Bank Executives
[ODUNEWS] January 26 – Femi Gbajabiamila, the Speaker of the House of Representatives, has threatened to issue arrest warrants for...
CBN Announces Ban On Dollar Charges On Domestic Transactions
The Central Bank of Nigeria has banned the payment of charges in dollars for transactions made within Nigeria.
Enough New Naira Notes In Circulation, CBN Insists
The CBN has dismissed claims of the scarcity of the new naira notes as it claimed that enough notes are in circulation.
Merchants Reject Old Naira Notes In Gombe; Request Bank Transfer From Patrons
[ODUNEWS] January 25 – Traders, POS operators, and commercial motorbike and tricycle operators in Gombe State have begun to refuse...
How Naira Redesign Has Reduced Kidnapping, Ransom-Taking – CBN
CBN Governor, Godwin Emefiele, says cases of kidnapping and ransom-taking have reduced since the naira notes were redesigned.
Old Naira Notes: Senate Entreats CBN To Extend The Deadline By Six Months
[ODUNEWS] January 24 – The Senate on Tuesday requested the Central Bank of Nigeria (CBN) to postpone the end-of-January deadline...
Old Notes: January 31st Deadline Will Not Be Extended, Emefiele Insists
CBN says the January 31st deadline is slated to stop receiving old naira notes as legal tender will not be extended.
CBN Raises MPR To 17.5%
The Central Bank of Nigeria has raised the monetary policy rate from 16.5% to 17.5% to combat rising inflation.
Buhari Receives CBN Governer, Emefiele At The State House
[ODUNEWS] January 19 – Clamours for the dismissal of the embattled Central Bank Governor, Godwin Emefiele, may have hit a...
Redesigned Notes: CBN To Sanction Banks Dispensing Old Notes
[ODUNEWS] January 19 – Mr Kofo Salam-Alada, Director of the Central Bank of Nigeria’s Legal Services Department, has stated that...
Governors of 36 States to Meet with CBN Governor to Discuss Withdrawal Policy and Naira Redesign
The governors of the 36 states in Nigeria have arranged a virtual meeting with the Central Bank of Nigeria’s Governor,...
Pressure Mounts On Emefiele To Resign Over Allged Terrorism Financing
The Central Bank Governor, Godwin Emefiele, may be forced to resign following the allegations against him by the Department of States Security Services, OduNews reports.
Bank Deposits Jumps By 19% To N43trn
Cash deposits made to banks between October, 22021 and October 2022 grew 19% to hit N43 trillion, OduNews reports.
FG Spends $12bn Importing Petrol Products In 10 Months
The Central Bank of Nigeria says that the country spent about $12 billion importing petroleum products between January and October, 2022.
Banks Can Dispense Any Denomination At ATMs – CBN
The Central Bank of Nigeria says banks are at liberty to determine the denomination in the Automated Teller Machines (ATMs), OduNews reports.
Cash Withdrawal Limit Policy Begins Today
The Cash withdrawal limit policy of the Central Bank of Nigeria has commenced across the nation today, Monday 9th January 2022.
New Naira Notes: CBN Insists On January 31 Deadline
The Central Bank of Nigeria says it will not extend the January 31st deadline for depositing the old naira note, OduNews reports.
Nigeria’s FX Ouflow To UK For Study Expenses Hits $2.5bn In 2022
Nigeria's foreign exchange outflow to the United Kingdom for study expenses increased to $2.5 billion in 2022, OduNews reports.
CBN Clears Air On Sale Of Polaris Bank
The Central Bank of Nigeria says no law was broken in the sale of Polaris Bank as against reports making rounds.