Addressing CBN officials in his office, Governor Adeleke in a press release signed by his Spokesperson Olawale Rasheed decried the increasing shortage of the new notes, explaining that he has been deploying state network to douse tension and ensure safety of banks and the CBN state office.
Browsing: Central Bank of Nigeria (CBN)
These include the vulnerable, civil servants, among others. The move is to alleviate the hunger that has been the outcome of currency redesigned by the Central Bank of Nigeria (CBN), and other crises associated with fuel scarcity.
In December 2022, the Federal Government through Central Bank of Nigeria (CBN) introduced the demonetization Policy which has necessitated the redesigning of new Naira notes to replace the old ones. The policy also set February 10, 2023 as the deadline for the phasing out of high-value naira notes, otherwise known as Naira swap throughout the country.
Ayuba Wabba, NLC President, said this when speaking with newsmen on Thursday in Abuja on his achievements and challenges as congress president for the past eight years.
Emefiele had been out of the country since December, 2022, amidst certain accusations by the Department of State Services (DSS).
The attention of the Central Bank of Nigeria (CBN) has been drawn to a spurious, malicious, and misleading online publication,…
The Central Bank of Nigeria (CBN) has urged the National Assembly (NASS) to support its implementation of transformational payments and…
The groups said a thorough investigation of the matter will reassure the international community that the rule of law prevails in Nigeria
Emefiele disclosed this in a keynote to the second edition of the bi-annual Non-Oil Export Summit held in Lagos, on Tuesday, November 29, 2022, noting that the figure was significantly higher than the $3.190 billion repatriated in 2021. He, however, explained that only $1.966 billion of this amount qualified for the rebate programme, just as he added that only $1.559 billion was sold at the Investors & Exporters (I&E) window or for own use. He further noted that the CBN had equally paid out about N81 billion in rebates to Nigerian exporters.
Aishah Ahmad, the Deputy Governor, Financial Systems Stability Directorate, CBN, gave the advice at the Chartered Institute of Bankers of Nigeria (CIBN) Advocacy Dialogue Series six in Lagos on Tuesday.
Emefiele made the assertion yesterday on innovation in Nigeria’s payments system ecosystem, he said the registration for the eNaira hackathon, geared towards ideating innovative solutions for the newly launched digital currency, organized by the Africa Fintech Foundry (an innovative hub established to identify and accelerate innovative startups in Africa), in partnership with the Central Bank of Nigeria (CBN), is billed to open on June 27, 2022 and run till July 21, 2022.
The reaction followed reports quoting a tertiary institution in the UK as claiming that Nigeria had withdrawn the “Form A discounted rate”
The financial institution made the appeal recently in Calabar during a one day Sensitisation programme for non-oil exporters on the need to key into the “Race to USD 200billion Foreign Exchange Programme”.
The farmers were given the awards at the Agricultural Credit Guarantee Scheme Fund (ACGSF) Farmer of the year award, on Tuesday in Lagos.
Moghalu announced his resignation in a letter dated June 13, 2022, and addressed to Okey Nwosu, ADC national chairman.
This is made public in a statement signed by the firms’ spokesperson, Godwin Idemudia, affirming that the inspection is to reduce the various challenges plaguing the electricity industry in Nigeria.
Emefiele stated this after presenting and analyzing the Monetary Policy Committee’s communique on Tuesday in Abuja.
The News Agency of Nigeria reports that the agenda of the meeting between the president and Emefiele could not be ascertained as at the time of filing this report.
Justice Ahmed Mohammed gave the order after the PDP and two other lawyers, for themselves and on behalf of members of Save Nigeria, Our Fatherland, moved their motions to the effect.
The convener of the group, Dauda Khushi, made the appeal Tuesday at a news conference Tuesday in Yola, Adamawa State capital, saying that the country requires a leader like Emefiele who understands the country and has knowledge of ethnicity, among others, for a united entity.