Out Of 200m, Only 57.4m Nigerians Have BVN – CBN   The Central Bank of Nigeria (CBN) has said out of over 200 million Nigerians, only 57.4 million possess Bank Verification Number (BVN). The apex bank had partnered with the Nigerian Interbank Settlement System (NIBSS), bankers committee...

Nigeria’s Foreign Reserves Decline By $1.82bn In Four Months   The external reserve is expected to continue its downward trend in the coming weeks as major sources of forex inflows deteriorate. Nigeria’s foreign exchange reserves have dropped by $1.82 billion over the past four months, official data...

No Plan to Phase out Redesigned Naira Notes - CBN   The Central Bank of Nigeria (CBN) said no plans to phase out the redesigned Naira notes from circulation. CBN’s Acting Director, Corporate Communications Department, Isa AbdulMumin, made this known in a statement in Abuja on Sunday. The...

eNaira: Another Crucial Sensitisation Move, by Abdulrahman Abdulraheem   Any good news that is not known is as worthless as nothing if not as bad as bad news because there is no way it can impact anybody’s life if it is not known by anybody. It...

At Sensitization Campaign in Rivers, CBN Urges Nigerians to Embrace eNaira   The Central Bank of Nigeria (CBN) has enjoined Nigerians to embrace eNaira in order to drive the cashless policy of the federal government. The CBN, working in collaboration with the Zenith Bank, made the appeal...

CBN Takes eNaira Campaign to Premier University in Nigeria   The Central Bank of Nigeria (CBN) has taken its cashless policy sensitisation to the University of Nigeria, Nsukka (UNN) saying that the policy is aimed at reducing physical cash transactions and creating awareness for the adoption...