CBN debunks reports directing banks to accept old N500, N1,000 notes
By Business AM The Central Bank of Nigeria (CBN) has debunked claims that commercial banks have been authorised to receive the old
CBN has capacity to produce redesigned new naira notes
By Business AM The Central Bank of Nigeria (CBN) says it has the capacity to produce the redesigned and new naira notes through its
IMF advises CBN to extend naira swap deadline over lingering scarcity
By Onome Amuge The International Monetary Fund (IMF) has called on the Central Bank of Nigeria (CBN) to extend the February 10 cash
Mixed reactions trail CBN’s fresh deadline on currency swap
By Onome Amuge The Central Bank of Nigeria (CBN) has extended the January 31 deadline for the exchange of old naira notes by 10 days,
CBN unveils national domestic card scheme, AfriGo
By Cynthia Ezekwe *bans dollar charges On domestic transactions The Central bank of Nigeria(CBN), has unveiled the national domestic
Interswitch acquires CBN Payment Service Holding Company licence
By Cynthia Ezekwe Interswitch, a leading African integrated digital payments and commerce platform company headquartered in Lagos
CBN increases interest rate to 17.5%
By Business AM The monetary policy committee of the central bank has in its January 2023 meeting, raised the monetary policy rate
CBN cash swap programme to promote new naira circulation
By Onome Amuge The Central Bank of Nigeria (CBN) has introduced a cash swap programme in partnership with super agents and deposit
Chams HoldCo secures CBN payment service licence
By Cynthia Ezekwe Chams Holding Company, a Nigeria-based identity management and integrated technology solutions company, has
FATE Foundation outlines benefits, costs of CBN’s withdrawal limit policy on MSMEs
By Cynthia Ezekwe Reduction of unbanked, Increased financial inclusion In its quest to curb the rise in money laundering