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Customers to fill “several forms” for large cash withdrawals – CBN

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has announced that the bank will restrict the amount of cash in circulation....

BREAKING NEWS: Pres. Buhari unveils New Naira Notes

The President, Major General Muhammadu Buhari (retd.), on Wednesday morning unveiled the redesigned naira notes across the N200, N500 and N1,000 denominations. Buhari just before...

Naira Redesign: Senate affirms move, says deadline too short

The Senate on Wednesday via a consensus has agreed to provide legislative support for the policy of the Central Bank of Nigeria (CBN) to...

CBN to Redesign Naira Notes: Implications for MSMEs

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Wednesday, disclosed that plans were afoot to unveil new naira notes...

CBN Lines up events to celebrate E-Naira @1

The Central Bank of Nigeria (CBN) has announced a calendar of events to mark the first anniversary of Nigeria first digital currency – the...

CBN, AMCON completes sale of Polaris Bank

The Central Bank of Nigeria (CBN) has announced the completion of the sale of Polaris Bank. Osita Nwanisobi, CBN’s Director, Corporate Communications, disclosed this in...

CBN expends N2.10trn on Real Sector Projects, N330M on Entrepreneurship Development

The Central Bank of Nigeria said it has supported the real sector of the nation’s economy with N2.10 trillion as project support disbursement to...

CBN announces USSD E-naira code, to kickstart operations next week

The Central Bank of Nigeria Governor, Godwin Emefiele, has revealed that from next week, Nigerians would be able to transact on eNaira wallet through...

eNaira: CBN, AFF to sponsor top 10 Startups of Hackathon Challenge

The Central Bank of Nigeria (CBN) and the Africa Fintech Foundry (AFF) are collaborating to promote 10 startups in order to broaden the use...

CBN issues New Cybersecurity Guidelines to OFIs

The Central Bank of Nigeria (CBN) has published a new framework to assess cyber security in Other Financial Institutions (OFIs), in order to build...