Tag: Naira Redesign

The Federal Capital Territory (FCT) High Court has barred the Central Bank of Nigeria (CBN) and President Muhammadu Buhari and ...

Emefiele said POS Charges at this time should be stopped.

CBN directed deposit money banks (DMBs) to commence the payment of the redesigned Naira notes over the counter.

Tinubu has criticized the management of Nigeria’s foreign exchange market which has led to the depreciation of the naira.

CBN says there would be no limits on amounts that can be deposited.

CBN said agents shall exchange a maximum of N10,000 per person.

CBN says it has supplied adequate new Naira notes to the various commercial banks.

Emefiele said the CBN waived some of the conditionality for accessing currency notes to accommodate the banks.

Last week, Nigeria’s monetary authorities intensified efforts at solving Nigeria’s many fiscal and macroeconomic problem

The CBN launched a countdown clock showing when the old naira notes would stop being legal tender