Supply hawkers mint naira notes, pay N150m fine – CBN warns banks
The Central Bank of Nigeria (CBN) has issued a strong warning to banks involved in the illegal circulation of newly minted naira notes.
Reps, CBN disagree over validity of old naira notes
The House of Representatives and the Central Bank of Nigeria, CBN, yesterday, disagreed on the deadline for the validity of old naira notes.
Withdraw old notes before December deadline, Reps tell CBN
The House of Representatives has called on the Central Bank of Nigeria (CBN) to begin the gradual withdrawal of old N200, N500, and N1,000 notes from circulation ahead of the December 31, 2024 deadline.
FX inflows reach $57 billion – CBN
Foreign exchange (FX) inflows to Nigeria reached $57 billion by August 2024, according to the Central Bank of Nigeria (CBN).
Reps ask CBN to provide $3bn funding to small scale farmers
By Gift ChapiOdekina, Abuja The House of Representatives has urged the Central Bank of Nigeria to provide an additional $3 billion in funding to small-scale farmers to boost their productivity., through the Nigeria Incentive-Based Risk Sharing for Agricultural Lending. This followed the adoption of a motion during plenary on Tuesday titled “Repositioning Nigeria Incentive-Based Risk […]
I’m building an efficient central bank — Cardoso
By Emma Ujah, Abuja Bureau Chief Amidst multiple points crises in the economy, the Governor of Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has said that he is committed to building a resilient apex bank that would address all the challenges successfully. Speaking at the dinner of the just concluded 30th edition of the Nigeria […]
