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New Naira Notes: Jonathan, Obasanjo, Governors in attendance as Council of...

The National Council of State, on Friday, in Abuja has decided to support the central bank’s new naira policy. However, the council advised the President,...

NASS asks for extension of CBN deadline on New Naira Notes

The National Assembly's two houses have requested that the Central Bank of Nigeria (CBN) extend the window for accepting old Naira notes. In separate resolutions...

Nigerian Governors Support CBN, set up Committee on New Naira Notes

A six-member committee has been established by the Nigeria Governors' Forum (NGF) to work with the Central Bank of Nigeria (CBN) to address issues...

CBN expresses displeasure at Banks dispensing Old Naira Notes via ATMs

Says counterfeiting new naira notes almost impossible The Director of the Legal Services Department of the Central Bank of Nigeria, Mr. Kofo Salam-Alada, has...

Cash Withdrawal Limit: Nigerian Banks mull quick adoption of PAPSS platform

Commercial Banks in Nigeria are expected to adopt the Pan-African Payment and Settlement System (PAPSS) platforms sequel to the Central Bank of Nigeria’s (CBN’s)...

Nigeria: Cash Withdrawal Limit Policy begins on Monday

Sequel to the directive from the Central Bank of Nigeria, the restriction policy on daily cash withdrawal takes off across the country today, Monday,...

Reverse or Review Cash Withdrawal Limit, POS Operators tell CBN

On Friday, a group in Nigeria operating under the name Point of Sale (POS) Operators protested the Central Bank of Nigeria's (CBN) policy to...