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Currency Redesign: CBN commits to protecting Nigerians in unbanked, underserved, rural areas

The Central Bank of Nigeria, CBN says it is committed to protecting Nigerians in unbanked, underserved, rural areas. This was contained in a statement signed...

FIRS tasks MTN, Airtel, banks to withhold VAT

The Federal Inland Revenue Service (FIRS) has appointed MTN, Airtel, and commercial banks to withhold Value Added Tax (VAT) charged on all taxable supplies...

Naira gains slightly, exchanges at 445.50 to dollar

The naira on Friday exchanged at 445.50 to the dollar at the Investors and Exporters window, an appreciation of 0.06 per cent, compared with...

CBN destroys over N6tn banknotes under Buhari

The Central Bank of Nigeria is expected to have destroyed over N6tn worth of mutilated and old banknotes when the regime of the President...

CBN has my backing to redesign naira notes – President Buhari

President Muhammadu Buhari says the CBN has his support to launch new designs and replace high value naira notes. The president’s media aide, Malam Garba...

We followed due process, Buhari approves Naira re-design – CBN replies Finance Minister

The Central Bank of Nigeria (CBN) has said it followed due process as far as redesigning three series of the naira is concerned. Spokesman of...

Finance Minister opposes CBN plan to redesign Naira notes

Minister of Finance, Budget and National Planning, Zainab Ahmed, has rejected a plan by the Central Central Bank of Nigeria (CBN) to redesign naira,...

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