CBN

CBN warns Nigerians on circulation of counterfeit Naira notes

The Central Bank of Nigeria, CBN, on Friday alerted banks and Nigerians to beware of counterfeit bank notes, especially higher denominations now spent in food markets and other commercial hubs in the... Read more »
CBN

CBN’s N123 Billion Power Projects Set for May 2024 Launch

The Central Bank of Nigeria (CBN) is gearing up to unveil its N123 billion power intervention project in May 2024, pending any unforeseen changes. In August 2022, the CBN greenlit a substantial... Read more »
CBN

Extend BVN/NIN deadline, PoS operators tell CBN

Economic stakeholders are advocating for the Central Bank of Nigeria, CBN to consider extending the deadline for implementing its recent directives to banks, requiring customers to link their Bank Verification Number (BVN)... Read more »
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CBN reacts to Supreme Court’s ruling on old, new naira notes

The Central Bank of Nigeria, CBN, has issued a fresh directive to all banks and Nigerians regarding accepting old and redesigned Naira notes. CBN issued the directive on Wednesday in a statement... Read more »