CBN

Old Naira Notes Still Valid,CBN Insists

The Central Bank of Nigeria (CBN) has again clarified that the old N1000, N500, and N200 banknotes,are still valid. Mrs. Sidi Ali Hakama,Acting Director,Corporate Communications,clarified this in a statement made available to
December 14, 2024

CBN Pegs Foreign Stablecoin Licence At ₦15bn

The Central Bank of Nigeria (CBN) on Friday introduced new regulatory requirements for non-security virtual assets, including stablecoins and digital payment tokens. The apex bank disclosed that issuers of foreign currency-referenced stablecoins
November 6, 2026

CBN Approves JPMorgan Merchant Bank 

The Central Bank of Nigeria has granted approval-in-principle to global banking giant JPMorgan to establish a merchant bank in Nigeria. The planned bank, JPMorgan Merchant Bank Nigeria Limited, will still need a
October 23, 2026
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