He briefly responded to questions from the public on the possibility of extending the time the old notes will seize to be accepted as legal tender...
Emefiele briefed him on the apex bank’s new policies and its decision to change the old 1,000, 500 and 200 denominations.
“There is no limit to deposits of N1,000, N500, or N200 banknotes an individual or corporate body can make, during the transition period that expires on...
There are other notable policies by CBN which have impacted positively on some segments of the economy but which may not have been well understood or...
Mr Amos Adamu, a dealer in suitcases, who saw the new notes for the first time, said “I have never seen the new notes but if...
He said, “How it could be possible that N50 charge on electronic transactions be more than the entire financial transactions in our country? How can they...
I believe that economic management and progress is not achieved by military decrees and executive fiats otherwise African economies would have been the best in the...
The apex bank noted that it recognised the vital role that cash played in supporting underserved and rural communities and would ensure an inclusive approach as...
The Nigerian senators last week, expressed their dissatisfaction with policy and promised to debate it next week Tuesday, when they resume. However, the green chamber called...
On the amount of the old notes, the CBN has been able to get back to the vaults, he said: “At the Central Bank, we have...