Category: Money and Banking

Delta News, FINANCE, Money and Banking

Naira Swap: DELTA URGES RESIDENTS TO ACCEPT OLD NOTES AS LEGAL TENDERS

Delta Government on Tuesday called on residents of the state to comply with the Central Bank of Nigeria CBN’s directive that the old N1,000, N500 and N200 notes remain legal tenders till December 31, 2023. The State Commissioner for Information, Mr. Charles Aniagwu made the call in a statement in Asaba wherein he urged all residents in the state to continue to accept the bills … Continue reading Naira Swap: DELTA URGES RESIDENTS TO ACCEPT OLD NOTES AS LEGAL TENDERS

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Money and Banking, National news

Breaking: BUHARI EXTENDS ONLY OLD N200 NOTE SWAP DATE TO APRIL 10…(NATIONAL BROADCAST BY HIS EXCELLENCY MUHAMMADU BUHARI, PRESIDENT, FEDERAL REPUBLIC OF NIGERIA ON THE CHALLENGES OF THE CURRENCY SWAP AND STATE OF THE NATION, ON 16th FEBRUARY, 2023)

NATIONAL BROADCAST BY HIS EXCELLENCY MUHAMMADU BUHARI, PRESIDENT, FEDERAL REPUBLIC OF NIGERIA ON THE CHALLENGES OF THE CURRENCY SWAP AND STATE OF THE NATION, ON 16th FEBRUARY, 2023 My Dear Compatriots, ​I have found it necessary to address you today, on the state of the nation and to render account on the efforts of our administration to sustain and strengthen our economy, enhance the fight … Continue reading Breaking: BUHARI EXTENDS ONLY OLD N200 NOTE SWAP DATE TO APRIL 10…(NATIONAL BROADCAST BY HIS EXCELLENCY MUHAMMADU BUHARI, PRESIDENT, FEDERAL REPUBLIC OF NIGERIA ON THE CHALLENGES OF THE CURRENCY SWAP AND STATE OF THE NATION, ON 16th FEBRUARY, 2023)

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Money and Banking, National news

Naira Redesign Saga: PRINT MORE NEW NAIRA NOTES OR RE-CIRCULATE OLD NOTES, COUNCIL OF STATE TELLS CBN

The Council of State has thrown its weight behind the Naira Redesign policy of the Central Bank of Nigeria (CBN) and equally advised the apex bank governor, Godwin Emefiele, to make more new Naira notes available or recirculate old banknotes to address the naira scarcity issue and ease the suffering of Nigerians. Members of the Council unanimously expressed their total support for the naira redesign policy … Continue reading Naira Redesign Saga: PRINT MORE NEW NAIRA NOTES OR RE-CIRCULATE OLD NOTES, COUNCIL OF STATE TELLS CBN

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Money and Banking

WHY WE REVOKED SKYE BANK LICENCE – Emefiele (Press Statement)

*(CBN Skye Bank Release)* CENTRAL BANK OF NIGERIA Gentlemen of the Press 1. You will recall that on 4th July 2016, we took a regulatory action on Skye bank Nigeria PLC. Specifically, this action led to the resignation of the Chairman, all Non-Executive Directors on the Board as well as the Managing Director, Deputy Managing Director, and the two longest-serving Executive Directors on the Management … Continue reading WHY WE REVOKED SKYE BANK LICENCE – Emefiele (Press Statement)

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