
By Stephen Onyeiwu Nigeria has successfully introduced new banknotes on about 10 occasions since independence in 1960. So why has the latest attempt been so controversial...

Central Bank of Nigeria has directed commercial banks to dispense and receive old naira notes as legal tender across the country. The apex bank through its...

Despite the affirmation by Central Bank of Nigeria (CBN) that both old and new notes are still legal tender, an unnamed banker has warmed that customers...

Dr. Adaora Umeoji, Deputy Managing Director of Zenith Bank Plc, has retired from the financial institution following the new tenure limits for banks’ executives released recently...

The Central Bank of Nigeria (CBN) has announced that it is in talks to include other telcos on the Central Bank Digital Currency (CBDC) eNaira platform...

Central Bank of Nigeria (CBN) has appointed Dr Isa Abdulmumin as the Acting Director, Corporate Communications Department. Abdulmumin takes over from Mr Osita Nwanisobi, who has...

Central Bank of Nigeria (CBN) has revealed that loans from commercial banks to governments at all levels now at N26 trillion as at January. CBN stated...

The Supreme Court on Wednesday fixed March 3 for judgment in the suits filled by some State Governors against the Federal Government over the cashless policy...

National Union of Banks, Insurance and Financial Institution Employees (NUBIFIE) has urged Nigerians to stop attacking bank facilities and workers, saying that bank workers are not...

All Progressive Congress (APC), Nigeria’s ruling party is divided over efforts to replace high-denomination banknotes, as many members who face elections in a week distance themselves...