Tag: CBN
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Redesigned, old naira notes remain legal tender, says CBN
The Central Bank of Nigeria (CBN) has again debunked reports that the old N1000, N500, and N200 banknotes would cease to be legal tender...
CBN fines Moniepoint, OPay N1b each amid Fintech scrutiny
In an ongoing effort to tighten oversight of Nigeria’s fintech sector, the Central Bank of Nigeria (CBN) imposed ₦1 billion fines on two of...
Central Bank to launch newly redesigned website Monday
The Central Bank of Nigeria has announced plan to launch a newly redesigned website on Monday, December 2.
The redesigned website is said to introduce...
Naira’s Exchange Rate Dips to N1,667/$ After MPC’s Shocking Rate Adjustment
The naira has hit a record low of N1,667.42 per dollar in the official market as of Wednesday, marking a significant decline just one...
