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The newly redesigned naira notes will go into circulation on Thursday (today) with Deposit Money Banks releasing the bills to their customers via over-the-counter payments. This came about three weeks after the President, Major General…

The Economic and Financial Crimes Commission, Makurdi office, and Benue State Police Command have debunked the report trending on social media of alleged discovery of old naira notes in the capital city. The video shows sacks of…

The Central Bank of Nigeria (CBN) warned on Tuesday in Abuja that Nigerians caught abusing the naira were liable to go to jail. It warned that those who spray and step on the naira, especially at social gatherings, are liable to six…

Political parties have kicked against the new cash withdrawal limits introduced by the Central Bank of Nigeria, stating that it could choke the political process. Parties including the Peoples Democratic Party, Social Democratic Party,…

The Federal Inland Revenue Service (FIRS) FC on Saturday beat Securities and Exchange Commission (SEC) FC 1-0 to emerge champions of 2022 All Financial Institutions Football Competition (AFIFC). The final match played at the Gombe…

Central Bank governor Godwin Emefiele says the new naira notes are already in banks and ready for issuance. Mr Emefiele made the statement at Daura while on a visit to brief President Muhammadu Buhari on the naira redesign and the…

Governor of the Central bank of Nigeria, Godwin Emefiele, has revealed that the recently launched a policy that limits cash withdrawal for Nigerians was approved by President Muhammadu Buhari. Mr Emefiele made this disclosure just as the…

The House of Representatives on Thursday, asked the Central Bank of Nigeria to suspend its latest policy which, among others, sets limits to cash withdrawals at deposit money banks and other financial institutions. Consequently, the…

The Senate will on Friday grill two deputy governors of the Central Bank of Nigeria over the cash withdrawal limit policy unveiled by the apex bank on Tuesday. The red chamber planned to seek clarifications on the new directive which…

A new Central Bank of Nigeria (CBN) policy seeks to limit over-the-counter cash withdrawals by individuals and corporate entities to N100,000 and N500,000 per week, respectively. In a circular issued by the CBN and seen on Tuesday, the…