CBN Archives - Page 15 of 21 - Voice Air Media

1 Minute

Local News

Viral Video of damaged Naira surfaces after CBN declared Naira redesign

Agency1 November 28, 2022 0 Comment

A new video that’s trending online shows bags of damaged Naira notes that were discovered weeks after CBN announced and unveiled newly re-designed N200, N500, and N1000 notes. In the video that’s now serving...

0 Minutes

Business

CBN Imposes Restrictions On Large Cash Withdrawals

VAM News November 23, 2022 0 Comment

VOICE AIR MEDIA THE Central Bank of Nigeria governor, Godwin Emefiele, has said that restrictions will be imposed on large cash withdrawals. He said this on Wednesday at the unveiling of the newly-redesigned Naira...

1 Minute

National

Nigerian Senate Backs CBN On Naira Redesign

VAM News November 16, 2022 0 Comment

VOICE AIR MEDIA THE Senate has resolved to provide legislative support for the policy of the Central Bank of Nigeria (CBN) to redesign the naira. It was gathered that the resolution of the Red...

2 Minutes

Business Economy

Osinbajo blames CBN management as Naira value declines again

Agency1 November 15, 2022 0 Comment

Vice-President Yemi Osinbajo has made a passionate call to the Central Bank of Nigeria to fix Nigeria’s foreign-exchange market. Osinbajo has been critical of Godwin Emefiele’s stance on retaining a managed floating of Naira...

1 Minute

National

Adeboye Makes Comment On Redesigning Of Naira by CBN

VAM News November 5, 2022 0 Comment

VOICE AIR MEDIA Pastor Enoch Adeboye of the Redeemed Christian Church of God, RCCG, has lamented the depreciation in the value of the Naira. Adeboye lamented that Nigeria’s situation has become worse to the...

2 Minutes

Business Economy

CBN reveals how N58.61bn was spent to print N2.51bn notes in a year

Agency1 October 29, 2022 0 Comment

The Central Bank of Nigeria is responsible for issuance of the legal tender currency, in line with its mandate as enshrined in section 2(b) of the CBN Act 2007. CBN approved an indent of...

1 Minute

National

Breaking: Naira falls heavily after CBN announcement to redesign naira

Akanji Philip October 29, 2022 0 Comment

The Central Bank of Nigeria’s decision to redesign the Naira, the country’s currency, has greatly increased demand on the foreign exchange market. As more people look to buy dollars to exchange their stashed...

3 Minutes

National

Finance Minister: CBN did not consult me on plan to redesign naira

Akanji Philip October 29, 2022 0 Comment

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed has said her office was not consulted by the Central Bank of Nigeria, CBN before its plan to redesign redesign N200, N500 and...

1 Minute

Business Economy National

Three naira notes to gain new form as CBN names date of circulation

Agency1 October 26, 2022 0 Comment

The Central Bank of Nigeria Governor, Godwin Emefiele has said the apex bank will redesign three naira notes. He said the bank had obtained approval from President Mohammadu Buhari to redesign N200, N500, N1000...

2 Minutes

National

We have put policies in place to tackle naira depreciation- CBN

Akanji Philip October 21, 2022 0 Comment

The Central Bank of Nigeria (CBN) has stated that it has established policies to address the persistent depreciation of the naira. The local currency currently exchanges N440/$1 at the official market but N751/1$...