Amidst complaints by some Nigerians about the scarcity of naira notes, the Central Bank of Nigeria (CBN) says there is an adequate supply of the currency. This follows complaints by some…
Read More CBN insists there’s sufficient stock of naira notes as complaints about scarcity persist
Our reporter/ As Nigerians grapple with the challenges of currency shortage, the Central Bank of Nigeria has warned Nigerians against counterfeit Naira banknotes. In a statement on Friday, the apex…
Read More CBN warns Nigerians on circulation of counterfeit Naira notes
Our reporter/ The Central Bank of Nigeria (CBN) on Friday said it will freeze accounts without a Bank Verification Number (BVN) or National Identification Number (NIN) from April 2024. This…
Read More CBN to freeze bank accounts without BVN, NIN starting April 2024 Our reporter/ The Central Bank of Nigeria (CBN) on Friday revealed plans to increase the capital base of banks in the country. CBN governor, Olayemi Cardoso who made the disclosure…
Read More CBN to increase capital base of Banks to meet $1 trillion economy Our reporter/ The Central Bank of Nigeria (CBN) on Tuesday said the old N200, N500, and N1,000 notes are to remain legal tender indefinitely. The apex bank in a statement…
Read More Old Naira notes remain legal tender indefinitely – CBN