What to know about CBN’s new acting Gov. Folashodun Adebisi Shonubi

Folashodun Adebisi Shonubi has been announced as acting Governor of the Central Bank of Nigeria following the immediate suspension of Godwin Emefiele, from office Until...

Federal Government suspends subsidy removal on petroleum products

Council agreed that the timing of the removal of fuel subsidy should not be now The National Economic Council (NEC) on Thursday suspended the planned removal of...

Naira Crisis: CBN Breaks Silence, Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender Till Dec 31

The Central Bank of Nigeria (CBN) has confirmed that old N200, N500, and N1,000 notes will remain legal tender until December 31, 2023. The apex...

Naira Scarcity: CBN denies directing banks to collect old N500, N1000 notes

The Central Bank of Nigeria (CBN), has denied directing commercial banks to collect old N500 and N1,000 from Nigerians, dismissing the reports to that...

Naira Scarcity: Tinubu Writes Emefiele, Outlines 6 Things CBN Governor Should Do To Save Nigeria’s Economy

Asiwaju Bola Ahmed Tinubu, the All Progressives Congress (APC) presidential candidate has written Godwin Emefiele, Governor of Central Bank of Nigeria, CBN, outlining how...

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