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CBN vows to sanction PoS operators over exorbitant charges

The Central Bank of Nigeria (CBN) has vowed to prosecute point-of-sales (PoS) operators who collect exorbitant charges for transactions. The CBN Governor Godwin Emefiele said...

CBN releases guidelines to deposit old notes at branches, exercise to close Feb 17

The Central Bank of Nigeria (CBN) has released guidelines to deposit old versions of the redesigned naira notes at its branches nationwide.  The apex bank...

Old naira notes no longer legal tender, CBN warns Nigerians, banks

The Central Bank of Nigeria has insisted old N200, N500 and N1,000 notes are no longer legal tender despite a Supreme Court order barring...

CAN begins investigation into purported N2billion naira petition by mischief makers

The Christian Association of Nigeria (CAN), on Sunday distanced itself from a purported N2 billion allegedly given by the presidential candidate of the Labour...

Pastor Onwumere denies purported 2-billion-naira petition wrote in his name to CAN

Pastor Frank Onwumere, a chieftain of the Peoples Democratic Party, PDP in Okigwe says he didn’t author a petition accusing the Christian Association of...

Zamfara gov orders arrest of persons rejecting old naira

Governor Bello Matawalle of Zamfara State has instructed the security agents to arrest anybody who refuses to recognise and accept old naira notes as...

CBN queries Asaba bank for diverting money to Anambra

Central Bank of Nigeria (CBN), Asaba branch, yesterday, warned commercial banks in Delta State against diverting new naira notes to branches outside the state. The...

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