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Update: How Fire Guts CBN Office

A fire has reportedly gutted a building at the Makurdi branch of the Central Bank of Nigeria in Benue State. It was learnt that a portion of the bank went…

CBN Spends N58.6bn To Print 2.5bn Naira Notes

The Central Bank of Nigeria (CBN) spent the sum of N58.618billion to print 2.518billion Naira notes, valued at N1.063trillion in 2020. This was contained in the bank’s 2020 Currency Report…

CBN may start printing Gambia’s currency – Emefiele

The Governor of Central Bank of Nigeria, Mr Godwin Emefiele, says the bank is willing to assist the Central Bank of the Gambia to print its legal tender. Emefiele disclosed…

Abusing Naira Notes Attracts Jail Term – CBN Warns Nigerians

The Central Bank of Nigeria, CBN, has warned Nigerians against spraying the Naira notes in parties and other events. CBN said defaulters would be jailed for not less than six…

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