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We have Recovered N1.7trn of Old Naira Notes – Emefiele

We have Recovered N1.7trn of Old Naira Notes - Emefiele   The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says N1.7 trillion worth of naira notes have been returned to banks so far,with N500 billion more to go. The bank on Sunday extended the deadline...

CBN Extends Deadline for Old Naira Notes to Feb 10, Emefiele Gives Reasons

CBN Extends Deadline for Old Naira Notes to Feb 10, Emefiele Gives Reasons   The Central Bank of Nigeria has finally extended the deadline for the exchange of old naira notes by 10 days. In a press statement issued on Sunday, Godwin Emefiele, the CBN governor, said...

Gov Emefiele of CBN Unveils Nigerian National Domestic Card Scheme “AFRIGO”

Gov Emefiele of CBN Unveils Nigerian National Domestic Card Scheme “AFRIGO”   Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has formally unveiled the Nigerian National Domestic Card Scheme, known as AfriGo, in a significant move to strengthen the national payments system and...

We are Probing N89trn Stamp Duty Allegation – Emefiele

We are Probing N89trn Stamp Duty Allegation - Emefiele   The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, has described as potentially misleading the viral allegation that a whooping sum of 89 trillion naira has been collected and misappropriated as stamp duty by federal government...

CBN Disburses N114.17bn Under 100-for-100 Policy

CBN Disburses N114.17bn Under 100-for-100 Policy   The Central Bank of Nigeria has disbursed N114.17bn to beneficiaries under its 100-for-100 Policy on Production and Productivity since the commencement of the intervention. According to the bank, the CBN Governor, Godwin Emefiele, disclosed this in Abuja after the Monetary...

New Currency: Emefiele Defies NASS, Says no Shift in January 31 Deadline

New Currency: Emefiele Defies NASS, Says no Shift in January 31 Deadline The Central Bank of Nigeria (CBN) governor, Mr. Godwin Emefiele, has said there will be no shift in the January 31 2023 deadline for the expiration of old N200, N500 and N1000 notes. Emefiele...