CBN
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Naira Scarcity Sparks Lamentation as Emefiele Era Makes a Comeback
Nigerians have taken to various social media platforms to decry the rising level of the scarcity of the Naira. The naira scarcity comes approximately 12 months after Nigerians went through…
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CBN Attributes Naira Scarcity to Hoarding, Reports N3.4 Trillion in Circulation
The Central Bank of Nigeria (CBN) says it is addressing the reported cases of cash scarcity in some parts of the country. Speaking in a press conference on Wednesday, Sidi…
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CBN Warns Nigerians not to Circulate Counterfeit Naira Notes Amid Currency Shortage
The Central Bank of Nigeria has warned Nigerians to be wary of counterfeit naira notes in circulation amid reports of currency shortage in the country. In a statement released on…
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Why Emefiele Remains In Prison In Spite Of Bail
Embattled former Governor of Central Bank, Godwin Emefiele, remains in prison custody 10 days after he was granted bail by a High Court in the Federal Capital Territory (FCT) is…
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BREAKING: Court Adjourns Emefiele’s Case Till January 2024
The Federal Capital Territory High Court has adjourned till January 18, 2024, for the continuation of the trial in the alleged procurement fraud suit against a former Central Bank of…
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CBN Reacts To Cash Scarcity Reports
The Central Bank of Nigeria has refuted claims of cash scarcity at banks, automated teller machines, Points of Sale, and Bureaux de Change in various major cities nationwide. In an…
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