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Central Bank of Nigeria (CBN)
November 23, 2022

Buhari unveils redesigned naira notes

President Muhammadu Buhari revealed the redesigned Naira banknotes suggested by the Central Bank of Nigeria on Wednesday (CBN). Mr. Godwin Emefiele, governor of the Central Bank of Nigeria, stated on Tuesday that the president will introduce the newly designed N1,000, N500, and N200 notes. The unveiling today marks the first time in 19 years, Nigeria... Read More
Deep Dive
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November 22, 2022

Naira redesign: Buhari to unveil newly designed naira notes Wednesday

Godwin Emefiele, the governor of the Central Bank of Nigeria, has stated that President Major General Muhammadu Buhari (ret.) will unveil the newly designed naira notes on Wednesday. Emefiele stated this during Tuesday’s monthly meeting of the Monetary Policy Committee in Abuja. The newly designed naira notes are N1,000, N500, and N200 notes. According to... Read More
Deep Dive
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November 16, 2022

Senate session becomes heated over naira redesign

Senator Uba Sani, chairman of the Senate Committee on Banking, Insurance, and Other Financial Institutions, moved a motion on the Central Bank of Nigeria’s Naira Redesign Policy, which led to a contentious Wednesday session in the Senate. In his motion’s prayers, Sani begged the Senate to grant legislative approval for the proposed policy. In addition,... Read More
Deep Dive
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November 14, 2022

We can no longer vote for poverty – Peter Obi; Buhari returns to Nigeria after 13-day trip to UK for medical checkup | 5 Things That Should Matter Today

We can no longer vote for poverty – Peter Obi Buhari returns to Nigeria after 13-day trip to UK for medical checkup Bayelsa commences closure of IDP camps Naira redesign: We’re working to ease process for deposits in rural areas, says CBN Blame Peter Obi for unemployment in Nigeria – Oshiomhole Across Nigeria’s 36 states... Read More
Top Stories
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October 26, 2022

CBN To Redesign N200, N500 And N1,000 Notes; Top priority despite country’s rising inflation

The Central Bank of Nigeria (CBN) announced on Wednesday that the N200, N500, and N1,000 notes will be redesigned. This was stated by CBN Governor Godwin Emefiele during a special press briefing in Abuja. The new layout and issues will go into effect on December 15, 2022. According to the head of the CBN, the... Read More
The News Blog
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July 20, 2022

INEC proposes life ban for politicians, parties involved in vote buying; APC to officially unveil Shettima as VP candidate today | 5 Things That Should Matter Today

INEC proposes life ban for politicians, parties involved in vote buying Cholera outbreak kills 5 in Kano CBN raises interest rate for the second time in 2022 APC to officially unveil Shettima as VP candidate today ASUU strike: Buhari issues ultimatum to minister to resolve university disputes Across Nigeria’s 36 states and the Federal Capital... Read More
Top Stories
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July 7, 2021

Bayelsa varsity students protest planned ‘school uniform’, Soyinka accuses government of kidnap | 5 Things That Should Matter Today

Across Nigeria’s 36 states and the Federal Capital Territory, these are the five top news stories you shouldn’t miss. Bayelsa: Varsity students protest against planned ‘school uniform’ Students of the state-owned university in Bayelsa, Niger Delta University, have staged a peaceful protest against plans by the institution’s management to introduce school uniforms for the university... Read More
Top Stories
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June 1, 2021

2023: “I will run; because ‘we the people’ matter” | Kingsley Moghalu declares for President

Former Deputy Governor of the Central Bank of Nigeria (CBN), Kinglsey Moghalu has declared his intention to run for the Office of the President during the 2023 General Elections. According to a press statement released by his media office, which was also shared on his verified Twitter handle, the Political Economist noted that it was... Read More
Extra
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March 16, 2021

USSD Charge: Does the CBN care about the ordinary Nigerian? | The #YNaijaCover

These are certainly not the best of times economically for majority of Nigerians. From increase in pump price of premium motor spirit (PMS) and its reversal to consistent fall of the naira against the dollar, it’s becoming a sorry tale daily. One can argue that Nigerians now go to bed daily with the hope of... Read More
Cover Stories
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November 25, 2020

FX: CBN Governor thinks the parallel market isn’t all that, but here’s why Nigerians disagree

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, in an address during a virtual monetary policy meeting in Abuja on Tuesday, dismissed the parallel market as supplying a paltry 5% of the foreign exchange demand in Nigeria. The claim follows complaints by the governor on how economic analysts use the parallel market exchange... Read More
Deep Dive
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July 13, 2020

Lagos Doctors begin warning strike | 5 Things that Should Matter Today

Amidst a pandemic, the Medical Guild, an Association of Medical Doctors under the employment of the Lagos State Government, is set to go on strike on Monday. The strike is expected to run from July 13 to 16 and excludes medical practitioners working in the state’s COVID-19 isolation centres. The reasons for the strike include... Read More
Top Stories
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November 22, 2019

FBNHoldings: Setting the tone for Gender inclusiveness, balance in boardroom

By Hope Ashike In many parts of the world, including Nigeria, women often face the barriers of discrimination and persistent gender inequalities which deny them access to key positions in the corporate world as well as access to finance or the formal economy. Women make up almost half of the world’s working-age population of nearly... Read More
Partners
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September 19, 2019

5 Things that Should Matter Today: Three suspects linked to the serial killings in Port Harcourt have been arrested

The city of Port Harcourt has been gripped by a spate of killing targeting women in hotels, perpetuated by a serial killer on the loose. And although it seemed the police have been nonchalant about the carrying out an elaborate investigation, attributing these murders to prostitution, three suspects linked to the case have arrested by... Read More
Top Stories
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May 14, 2019

The allegation of N500bn missing from the CBN; an alarm government must take seriously

About 48 hours ago, online medium Sahara Reporters  released two telephone audio tapes which revealed how the Governor of the  Central Bank of Nigeria (CBN) Godwin Emiefele, his Deputy, Edward Lametek Adamu, the Director for Finance, Dayo M. Arowosegbe and one of the Special Advisers to the CBN Governor, Emmanuel Ukeje allegedly discussed plots to cover... Read More
Thinking Through
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December 24, 2018

The Late 5: Atiku apologises over claims he called widow of slain soldier; Agbaje promises to dismantle Lekki toll gate if elected | Other top stories

These are the stories that drove the conversation today: Seven weeks after President Muhammadu Buhari saddled it with the assignment of investigating allegations of fraud against the Executive Secretary of the National Health Insurance Scheme (NHIS), Professor Usman Yusuf, the committee has submitted its report. The panel headed by Dr. Bukar Hassan, a retired Permanent Secretary,... Read More
Featured, The News Blog
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October 30, 2017

“Nigeria is ready for business”, CBN governor woos investors

The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has urged investors to enter the Nigerian market. Speaking to money market players at the London Stock Exchange, Mr Emefiele said the nation’s return on investment (ROI) in all sectors are among the best in the world. Highlights: The governor summed up his message... Read More
The News Blog
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CBN
October 20, 2017

Banks to begin crackdown on customer’s accounts, as CBN rolls out strict rules

Following new directives from the Central Bank of Nigeria (CBN) yesterday, on Bank Verification Number (BVN) operations and watch-list for the banking industry, banks will soon crack down on customer’s accounts. Details: Records from the Nigeria Inter-Bank Settlement System (NIBSS) show that there were about 45.85 million total bank accounts unlinked, but when compared with... Read More
The News Blog
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