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Central Bank of Nigeria News - Page 14

Nigeria's Treasury Bills Surpass N6.6trn In 2023 Amid Economic Headwinds

German Embassy Rejects Old Naira Notes Before CBN’s Deadline

The German Embassy has disclosed that it will stop accepting old naira notes before the deadline set by the Godwin Emefiele-led Central Bank of Nigeria (CBN). Prime Business Africa had reported that the central bank redesigned the naira and announced that the

December 26, 2022

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Business·Currency·Insights

2022 In Review: How CBN Helped Dollar Speculators Win Big Against Naira

In the year 2022, Naira has had to fight against negative projection, strong dollar speculators, hoarders and the flip-flop policies of the Central Bank of Nigeria (CBN). Judging by the exchange rate as of Wednesday, speculators are still winning. Although the naira

December 22, 2022

Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025)

Business·Currency

Naira Falls In Official Window, Dollar Rate Declines In Black Market

The official market recorded another decline in the value of the naira, as the dollar rate went up by 0.23 per cent at the end of trading on December 21, 2022. According to trading data obtained from FMDQ Securities, the exchange rate

December 22, 2022

CBN Places Service Restriction On PoS Agents Across Nigeria

Business·Currency

Updated: CBN Increases Cash Withdrawal Limit For Businesses, Individuals, Warns Banks

The maximum weekly cash withdrawal for businesses and individuals across all channels has been increased by the Central Bank of Nigeria (CBN). CBN revised the previous cash withdrawal policy, instructing commercial banks and other financial institutions that corporate organisations limit has been

December 21, 2022

CURRENCY SWAP DEADLINE: N100trn National Output At Risk - CPPE

Business·Currency·Insights

4 Features To Help You Identify New Naira Notes

Amid circulation of fake N1,000 notes, the Central Bank of Nigeria (CBN) has released security features of the new naira notes that will help Nigerians isolate fake notes from the newly redesigned currency. A trending video had shown replication of the redesigned

December 21, 2022

Business·Top Stories

Cash Withdrawal Policy Controversy: Lawmaker Lashes Out At CBN’s Godwin Emefiele

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been criticised by a member of the House of Representatives, Yusuf Gagdi, for failing to honour the lawmakers’ summons. Gagdi in his submission at the lower chamber on Tuesday said Emefiele

December 21, 2022

Business·Currency

Dollar Rate Drops In Black Market Amid DSS’ Attempt To Arrest CBN’s Emefiele

The black market recorded a drop in Dollar rate on Tuesday, but the exchange rate between the Naira and the United States currency traded flat in the official market on Monday. Dollar rate drops It was gathered that the Dollar rate exchanged

December 20, 2022

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency·Diaspora·News

Diaspora Remittances: CBN Threatens To Withdraw Banks’ Forex Licences

Nigerian banks risk losing their foreign exchange dealership licences for violating directive of the Central Bank of Nigeria (CBN) on diaspora remittances. In a circular to banks dated December 14, 2022, the central bank said it had been notified that the banks

December 20, 2022

Business

Court Asks DSS To Obtain Buhari’s Approval To Arrest CBN’s Godwin Emefiele

A federal high court sitting in Abuja has directed the Department of State Services (DSS) to obtain approval from President Muhammadu Buhari to arrest the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. The secret police had filed an ex

December 20, 2022

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Dollar Rate Depreciates In Black Market Amid CBN’s Controversial Naira Policies

The naira gained against the dollar in the black market on Monday but depreciated in the official market on Friday based on exchange rate data obtained from FMDQ. Prime Business Africa gathered that the exchange rate between the dollar and the naira

December 19, 2022

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Central Bank of Nigeria News - Page 14

German Embassy Rejects Old Naira Notes Before CBN’s Deadline

2022 In Review: How CBN Helped Dollar Speculators Win Big Against Naira

Naira Falls In Official Window, Dollar Rate Declines In Black Market

Updated: CBN Increases Cash Withdrawal Limit For Businesses, Individuals, Warns Banks

4 Features To Help You Identify New Naira Notes

Cash Withdrawal Policy Controversy: Lawmaker Lashes Out At CBN’s Godwin Emefiele

Dollar Rate Drops In Black Market Amid DSS’ Attempt To Arrest CBN’s Emefiele

Diaspora Remittances: CBN Threatens To Withdraw Banks’ Forex Licences

Court Asks DSS To Obtain Buhari’s Approval To Arrest CBN’s Godwin Emefiele

Dollar Rate Depreciates In Black Market Amid CBN’s Controversial Naira Policies

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