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CENTRAL BANK OF NIGERIA
News and analysis about Central Bank of Nigeria
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said that banks will continue to accept old naira notes even after the stipulated deadline for swapping with the newly redesigned naira notes.
Nigeria’s money supply gained a massive N8.32 trillion in 2022 after jumping from N43.82 trillion in 2021
The Central Bank of Nigeria launched a domestic card payment scheme termed AfriGo on the 26th of January, 2023
Latest data from the CBN has shown that credit to Nigeria’s private sector rose to a record level of N41.8 trillion as of December 2022
Latest data has shown that the CBN has discontinued its intervention programme for the real sector of the economy which had hit N4.81 trillion as of November 2022
The CBN said it has recovered N1.9 trillion worth of currency previously held outside of the banking system
NLC joined the Nigerian Senate urging the Central Bank of Nigeria to extend the upcoming January 31st deadline
System liquidity, expectation of year-end dividend will delay investors from migrating to fixed income instrument
The new Domestic Card Scheme is a robust in-country Scheme tailored to address the specific requirements of Nigeria’s payment industry
CBN says there would be no limits on amounts that can be deposited.
Just 11 days to deadline and CBN has just dispatched some of its directors to sensitize the public about new naira notes.
There are reports that the embattled Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is currently meeting with President Muhammadu Buhari at the presidential villa in Abuja.