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CBN - Page 3

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
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CBN Mulls Creation Of Forex Code

The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso,has announced plans to launch a Foreign Exchange Code aimed at ensuring transparency and fairness in the foreign exchange market. He disclosed
January 24, 2025

CBN Fines Nine Banks N1.35bn For ATM Cash Crunch

The Central Bank of Nigeria (CBN) has imposed fines totaling N1.35 billion on nine Deposit Money Banks (DMBs) for failing to ensure adequate availability of Naira notes through Automated Teller Machines (ATMs)
January 14, 2025

 CBN Retains MPR 11.5%

Governor of the Central Bank of Nigeria CBN Mr. Godwin Emefiele ,says that the Monetary Policy Committee members has again retained the Monetary Policy Rate MPR at 11.5 per cent, retained  the
July 28, 2021
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