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    Naira devaluation fake news – CBN

    The Central Bank of Nigeria has debunked the claim that it has devalued the naira. A statement signed by Acting Director Corporate Communications, Isah AbdulMumin,...

    CBN raises interest rate to 18.5%

    The Monetary Policy Committee of the Central Bank of Nigeria, on Wednesday, unanimously voted to increase its monetary policy interest rates to 18.5 per...

    Old notes circulation: CBN begins monitoring today, banks set two-week target

    The Central Bank of Nigeria on Thursday began the disbursement of old naira notes to Deposit Money Banks as government authorities stepped up efforts...

    NLC protests: CBN to flood banks with old naira notes

    The Central Bank of Nigeria has finally concluded plans to release all N1,000, N500 and N200 notes in its custody to Deposit Money Banks,...

    New naira pains persist despite fresh CBN orders

    Barely three days after the Central Bank of Nigeria declared old N1,000, N500 and N200 notes as legal tender, Deposit Money Banks say they...

    CBN ends cash swap programme in rural areas

    The Central Bank of Nigeria says residents of rural and unbanked areas can no longer swap old notes for new ones through its cash...

    Ganduje knocks CBN again, tags naira policy ‘COVID-23’

    Governor Abdullahi Umar Ganduje of Kano State has remained unsparing in his condemnation of the naira redesign policy of the Central Bank of Nigeria,...

    CBN confiscated, didn’t swap currency, says El-Rufai

    The Kaduna State Governor, Nasir El-Rufai, on Sunday, alleged that the Central Bank of Nigeria embarked on currency confiscation rather than the announced currency...

    INEC to get poll allocation from CBN Tuesday

    The Independent National Electoral Commission has expressed hope that its cash request presented to the Central Bank of Nigeria would be met on or...

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    Operation Rescue Naira: FG plans strict rules for $57bn crypto businesses

    The Federal Government may consider the suspension of the $56.7bn peer-to-peer cryptocurrency market after a crucial meeting between the Securities and Exchange Commission, and...

    Wofai’s wedding gets messy as in-laws reject union with their son

    What is meant to be an amazing love story for Nollywood actress and comedian, Wofai Ewu, popularly known as Wofai Fada, may be turning...