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Nigeria Unveils Redesigned Naira Notes

Nigeria on Wednesday launched newly designed currency notes, a move that the West African nation’s central bank says will help curb inflation and money laundering. The newly designed denominations of.

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Nigeria: CBN Set To Redesign Naira Notes, Gives Reasons

The Central Bank of Nigeria, CBN’s Governor, Godwin Emefiele, Wednesday declared that the bank would release re-designed naira notes by December 15, 2022. Emefiele said this during a special press.

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Nigeria: CBN Okays $120m Over Trapped Foreign Airlines funds

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele said the bank will release $120 million to settle outstanding trapped funds of International Airlines operating in the country..

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Nigeria: FG Tasks CBN, NDIC On Economic Resilience

The Nigerian federal government has called on the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) to promote economic resilience despite economic challenges. The Minister of.

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Nigerian Apex Bank Hikes Interest Rate

The Central Bank of Nigeria, CBN, on Tuesday, raised its benchmark lending rate by 1.5 per cent points to 15.50 per cent, its highest level since 2006 when the rate.

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Nigeria’s Central Bank Raises Interest Rate to 14%

The Monetary Policy Committee of the Central Bank of Nigeria, CBN, has unanimously voted to increase the benchmark interest rate (monetary policy rate) to 14% from 13%, being the second.

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Nigeria is open for business, foreign investment – CBN Governor

Central Bank of Nigeria Governor Mr. Godwin Emefiele has reassured foreign investors that Nigeria is open for business, and their investments in the country will be protected. Mr. Emefiele said.

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CBN Assures Of Stable Exchange Rate

The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said the apex bank would continue to maintain a stable exchange rate in the country and avoid the.

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