President Muhammadu Buhari

New Naira Banknotes to Make Monetary Policy More Effective — Nigerian Central Bank Governor

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The Central Bank of Nigeria governor, Godwin-Abend, has said the newly designed naira banknotes are set to enhance the effectiveness of the organization’s monetary policy and bolster the financial inclusion cause. Forcing Currency Hoarders to Return to the Banking System…

Nigerian Central Bank Says It Will Release New Banknotes in December — Naira Falls to New Low

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Starting December 15, Nigerians will be using newly-designed 100, 200, 500 and 1,000-naira banknotes, the governor of the Central Bank of Nigeria (CBN) hat gesagt. The announcement has since resulted in the naira’s parallel market exchange rate versus the U.S. Dollar…

CBDC Ensures Nigeria Remains Competitive in Increasingly Digital World — Central Bank Governor

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The governor of the Central Bank of Nigeria (CBN) has insisted the recently introduced e-naira digital currency can potentially boost trade and investment activities in the country. He added the digital currency “would be necessary in the future to ensure Nigeria…