Godwin Emefiele

The Central Bank of Nigeria (CBN) has denied reports making the rounds that it has authorized deposit money banks to collect the old N500 and N1,000 banknotes. This was contained in a statement issued by Osita Nwanisobi, CBN’s Director…
Read More...

The Central Bank of Nigeria has ordered banks to start collecting the old N500 and N1,000 notes from the public with immediate effect. It, however, pegged the maximum amount the banks can collect at N500,000. The CBN maintained that…
Read More...

President Muhammadu Buhari has extended the validity of the old N200 notes till April 10, 2023. The president announced this in a national broadcast on Thursday Morning. “I am addressing you as your democratically elected president to…
Read More...

The Supreme Court, Wednesday, restrained the Federal Government from enforcing the February 10 deadline for the use of N200, N500 and N1000 old Naira notes. The apex court, in a unanimous decision by a seven-member panel, halted the full…
Read More...

President Muhammadu Buhari has met privately with the Chairman of the Nigeria Governors’ Forum, Aminu Tambuwal; and the Chairman of the Progressives Governors’ Forum, Atiku Bagudu over the scarcity of the three naira notes. Also in…
Read More...

The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, has said banks will continue to accept old naira notes after the stipulated deadline. Emefiele spoke on Tuesday, January 31, 2023, when he appeared at an interactive session…
Read More...

The Central Bank of Nigeria has cautioned supermarkets and commercial outlets to desist from indiscriminate rejection of old naira notes before the January 31st deadline. The Branch Controller, CBN, Ibadan Zone, Mrs. Olufolake Ogundero…
Read More...

The Central Bank of Nigeria, CBN, has disclosed information about the location of the security measures in the new naira notes in an effort to prevent Nigerians from becoming victims of counterfeiters. The documents…
Read More...