CBN

Cash Crunch: Buhari Meets Emefiele, Bagudu, Tambuwal, Others

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...

Naira Swap: Anti-democratic Elements Regrouping To Undermine Democracy – Ganduje

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...

Naira Redesign: CUPP Backs CBN, Threatens To Boycott Polls Over Plan To Extend Deadline

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...

46 Years of CBN Intervention

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...

CBN Directs Banks To Pay Redesigned Notes Over The Counter

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...

CBN Directs Banks to Pay Lower Naira Denominations Across the Counter

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...

UPDATED: CBN Extends Deadline For Old Naira Notes To Feb 10

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...

CBN Launches Nigerian Domestic Card AfriGo

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...

Buhari Chairs 14-Man Steering Committee To Address Petrol Scarcity

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...

CBN Mops Up N1.6trn Old Naira Notes, Insists on January 31 Deadline

January 24, (THEWILL) - The Central Bank of Nigeria (CBN) has said it will not extend the January 31st deadline for the implementation of the new naira notes. Governor of the apex bank, Godwin Emefiele, said this on Tuesday, while...
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UEFA Refuses To End FIFA World Cup Boycott Despite Infantino’s U-Turn

UEFA has confirmed it will continue its boycott of FIFA's men's and women's World Cups despite Gianni Infantino...
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