Naira Notes Deadline: Commercial Banks Extend Workdays to Weekends Commercial banks in Nigeria have extended their workdays to weekends for customers to deposit their old naira notes. The action is in response to the deadline set for the collection of old naira notes by the Central...

As Deadline Approaches, PoS Operators Surcharge for Redesigned Notes The Central Bank of Nigeria (CBN) has fixed January 31 as the deadline for the use of the old naira notes. However, there have been appeals from various quotas to the CBN to extend the deadline...

Afrigo Card: CBN Bans Dollar Payment for Domestic Transactions The Central Bank of Nigeria (CBN) has said it will no longer allow payment for dollar charges on transactions made within Nigeria either with the newly introduced National Domestic Card scheme, Afrigopay or existing foreign debit...

Just In: Naira Notes Deadline: Gbajabiamila Threatens to Arrest Emefiele  The Speaker of the House of Representatives, Femi Gbajabiamila, has declared that if the Governor of the Central Bank of Nigeria, Godwin Emefiele fails to appear before its committee on Thursday, a warrant of arrest...

CBN Launches Domestic Card to Boost E-Payment System The Central Bank of Nigeria has launched the Nigerian National Domestic Card Scheme to boost the country's electronic payment system. The CBN Governor, Godwin Emefiele, said the card would help to reduce operating cost, charges and preserve foreign...

Over N1trn Spent on Intervention Programs in 3 Months - CBN The Central Bank of Nigeria (CBN) says over N1trn has been spent on various intervention programmes across sectors of the economy in 3 months. CBN disclosed the breakdown in a communiqué issued at the end...