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Tag: Godwin Emefiele

Nigeria Extends Deadline for Returning Soon-to-Be Demonetized Naira Banknotes

February 1, 2023 wp-bot Bitcoin News

After initially ignoring pleas to extend the period for returning old naira banknotes, the Nigerian central bank recently said it has shifted the deadline for

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Report: Nigeria Debt Management Office’s $48.8 Billion Debt Contravenes the Law Says Expert

January 15, 2023 wp-bot Bitcoin News

The Nigerian Debt Management Office (DMO) contravened the law when its borrowings exceeded the set limit which is equivalent to $2.2 billion, Adetilewa Adebajo, an

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Report: Nigerian Security Agency Seeks to Arrest Central Bank Governor on Charges of Funding Terrorists

December 27, 2022 wp-bot Bitcoin News

The Nigerian security agency, the Department of State Services (DSS), has reportedly instructed its operatives to arrest the Central Bank of Nigeria governor Godwin Emefiele

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

November 27, 2022 wp-bot Bitcoin News

The Central Bank of Nigeria governor, Godwin Emefiele, has said the newly designed naira banknotes are set to enhance the effectiveness of the organization’s monetary

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Nigerian Central Bank Slashes CBDC Transaction Fees by 50%

August 30, 2022 wp-bot Bitcoin News

The Central Bank of Nigeria has said it is slashing transaction fees for the e-naira platform by 50% — a move which the bank claims

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Report: Nigerian Central Bank Targets Tenfold Increase in Number of CBDC Users, Governor Says Use of Cash Will ‘Dissipate to Zero’

August 23, 2022 wp-bot Bitcoin News

Despite the apparent slow embrace of the e-naira digital currency by Nigerians, the Central Bank of Nigeria governor has said his institution is targeting a

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