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The International Finance Cooperation (IFC), a member of the World Bank Group, and the Central Bank of Nigeria (CBN) have signed an agreement to increase local currency financing. According to a ...

The Central Bank of Nigeria has restated that the old N200, N500, and N1,000 notes remain valid indefinitely The confirmation follows instructions from the House of Representatives for the CBN to ...

And find out who among Fyang, Kai, Kolette, and Rain will be the next Big Winner in "The Final Stage at the Big Night" live from ABS-CBN Studios this Saturday (October 26), 8:30 PM.

Ogene said this in a statement in Abuja on Friday, following clarification by the CBN that the latest Supreme Court pronouncement reversed its earlier ruling. The CBN had said the apex court’s ...

ABUJA—The House of Representatives and the Central Bank of Nigeria, CBN, yesterday, disagreed on the deadline for the validity of old naira notes. While the House at plenary asked the apex bank ...

In a strategic move to harness the economic potential of Nigeria’s diaspora, the Central Bank of Nigeria (CBN) has led a combined team of the Nigeria Inter-Bank Settlement System (NIBSS), major ...

The CBN said the rumoured expiration of the old ₦200, ₦500, and ₦1,000 notes is calculated to disrupt the nation's payment system. The apex bank made the clarification in a statement by its ...

The House of Representatives has directed the Central Bank of Nigeria, CBN to begin the gradual withdrawal of the old notes from circulation before the deadline of December 31, 2024. The ...

The Central Bank of Nigeria (CBN) says Nigerians should disregard claims that the old naira notes will cease to be legal tender on December 31, 2024. In a statement on X on Thursday, Sidi Ali, Hakama, ...

The Nigerian House of Representatives has called on the Central Bank of Nigeria (CBN) to expedite the circulation of newly printed N200, N500, and N1,000 banknotes while initiating a phased withdrawal ...

The International Monetary Fund (IMF) on Tuesday said the Naira is showing signs of stability due to the policies of the Central Bank of Nigeria. The Washington-based institution made this known ...