Governor of the Central Bank of Nigeria

2023 - 1 - 21

cbn new naira note cbn new naira note

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Naira Redesign: Consider Poorest Households, Governors Tell CBN (CHANNELS TELEVISION)

The Nigeria Governors' Forum (NGF) has called on the Central Bank of Nigeria (CBN) to consider the poorest and most vulnerable households, among other concerns ...

However, we observe that there are huge challenges that remain problematic to the Nigerian populace,” he said. [extend its deadline](https://www.channelstv.com/2022/12/28/old-naira-notes-senate-seeks-extension-of-cbn-deadline-to-june-31st-2023/) for the phasing out of the old notes from January 31st to June 30th, 2023. [expressed concerns](https://www.channelstv.com/2022/12/20/world-bank-raises-concern-over-economic-effects-of-naira-redesign/) over the impact of the naira redesign policy on Nigerian households and businesses, arguing that the timing and short transition period of the Nigerian naira redesign may weigh on economic activity. [increased](https://www.channelstv.com/2022/12/21/breaking-cbn-raises-weekly-withdrawal-limits-to-n500k-for-individuals-n5m-for-firms/) to N500,000 and N5 million, respectively. [redesigned](https://www.channelstv.com/2022/11/23/buhari-unveils-re-designed-naira-notes/) N200, N500 and N1,000 banknotes and the timeline to phase out old notes. The Nigeria Governors’ Forum (NGF) has called on the Central Bank of Nigeria (CBN) to consider the poorest and most vulnerable households, among other concerns arising from the recent naira redesign and cash withdrawal policy.

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NGF: We are not opposed to naira redesign by CBN (TheCable)

The Nigeria Governors' Forum (NGF) says it is not opposed to the naira redesign policy by the Central Bank of Nigeria (CBN).

Governors are not opposed to the objectives of the naira redesign policy,” the communique reads. “However, we observe that there are huge challenges that remain problematic to the Nigerian populace. The Nigeria Governors’ Forum (NGF), says it is not opposed to the naira redesign policy by the Central Bank of Nigeria (CBN).

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Naira Redesign Policy: Governors set up committee to interface with ... (Vanguard)

The Committee which is chaired by former Governor of CBN and the Anambra State Governor, Professor Charles Soludo has Governors Udom Emmanuel of Akwa Ibom; Dapo ...

“However, we observe that there are huge challenges that remain problematic to the Nigerian populace. Governors are not opposed to the objectives of the Naira redesign policy. The governors said that while they were not opposed to the objectives of the Naira redesign policy, the apex bank should consider the peculiarities of households and states, especially pertaining to financial inclusion and under-served locations.

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New Naira: Consider Peculiarities Of States, Govs Tell Emefiele (Leadership Newspaper)

Chairman of the Nigeria Governors Forum (NGF) and Sokoto State governor, Aminu Tambuwal, disclosed this after a virtual meeting between the governors and ...

“Finally set up a 6-member Committee to be Chaired by the Governor of Anambra State, Professor Charles Soludo, and the Governors of the following States: Akwa Ibom, Ogun, Borno, Plateau and Jigawa as members, to engage the CBN in addressing anomalies in the country’s monetary management and financial system,” he added. However, we observe that there are huge challenges that remain problematic for the Nigerian populace. Godwin Ifeanyi Emefiele, on the Naira redesign, its economic and security implications including the new withdrawal policy.

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New Naira notes: Governors set up committee to work with CBN ... (Daily Trust)

The Nigeria Governors' Forum (NGF) has set up a six-member committee to engage the Central Bank of Nigeria (CBN) to address anomalies in the country's…

Charles Soludo, with governors of Akwa Ibom, Ogun, Borno, Plateau and Jigawa states as members. “In the circumstances, governors expressed the need for the CBN to consider the peculiarities of states especially as they pertained to financial inclusion and under-served locations.” The committee, according to the communique signed by NGF Chairman, Gov.

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Naira redesign: Governors oppose policy, say challenges are huge ... (Daily Sun)

“Collaborate with the CBN and the Nigerian Financial Intelligence Unit (NFIU) in advancing genuine objectives within the confines of our laws, noting that the ...

However, we observe that there are huge challenges that remain problematic to the Nigerian populace. Collaborate with the CBN and the Nigerian Financial Intelligence Unit (NFIU) in advancing genuine objectives within the confines of our laws, noting that the recent NFIU Advisory and Guidelines on cash transactions were simply outside the NFIU’s legal remit and mandate. We, the members of the Nigeria Governors’ Forum (NGF), received a briefing from the Governor of the Central Bank of Nigeria, Mr Godwin Ifeanyi Emefiele, on the Naira redesign, its economic and security implications including the new withdrawal policy.

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Soludo chairs govs' committee on CBN withdrawal limit - Punch ... (The Punch)

The 36 governors in Nigeria have resolved to set up a six-member committee led by the Anambra State, Governor Charles Soludo, to engage the Central Bank of ...

The governors therefore resolved to “set up a six-member Committee to be chaired by Governor Charles Soludo of Anambra State, and the governors of Akwa Ibom, Ogun, Borno, Plateau and Jigawa as members, to engage the CBN in addressing anomalies in the country’s monetary management and financial system. The governors also resolved to collaborate with the CBN and the Nigerian Financial Intelligence Unit in advancing genuine objectives within the confines of Nigeria’s laws. The 36 governors in Nigeria have resolved to set up a six-member committee led by the Anambra State, Governor Charles Soludo, to engage the Central Bank of Nigeria in addressing issues pertaining to the country’s monetary management and financial system.

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New naira notes: Governors set up committee to work with CBN (Guardian)

The Nigeria Governors' Forum (NGF) has set up a six- member committee to engage the Central Bank of Nigeria (CBN) to address anomalies in the country's ...

Charles Soludo, with governors of Akwa Ibom, Ogun, Borno, Plateau and Jigawa states as members. The governors said that while they were not opposed to the objectives of the Naira redesign policy, the apex bank should consider the peculiarities of households and states, especially pertaining to financial inclusion and under-served locations. The committee, according to the communique signed by NGF Chairman, Gov.

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Governors Not Opposed to Naira Redesign, Seek Engagement with ... (THISDAY Newspapers)

*Set up Soludo-led six-man committee. *Fault NFIU's ban on cash withdrawals from govt's accounts. *No going back on cash withdrawal limits, agency replies ...

The CBN also stated that agents shall render weekly returns to their designated banks regarding cash swap transactions. As we speak, some of our officials are already going round the local government areas.” On his part, the Managing Director of NIRSAL Microfinance Bank, Dr. The central bank disclosed this in a circular dated January 20, 2023, which was addressed to DMBs, Mobile Money Operators (MMOs), Super Agents and Agents, and signed by both CBN Director, Banking Sector Supervision, Mr. We held a deep breath while defending these deficiencies internationally, just to continue to remain in the international pay points and compete with others. Also, agents may on request, instantly open a wallet or account leveraging the CBN Tiered KYC Framework. “Finally set up a six-member Committee to be chaired by the governor of Anambra State, Prof. Our guidelines are meant to help the governors not to fight them or any public servant. “However, we observe that there are huge challenges that remain problematic to the Nigerian populace. Aminu Tambuwal, that they have set up a six-member committee to engage the CBN to address anomalies in the country’s monetary management and financial system. Godwin Ifeanyi Emefiele, on the naira redesign, its economic and security implications including the new withdrawal policy. “We, the members of the Nigeria Governors’ Forum (NGF), received a briefing from the governor of the Central Bank of Nigeria, Mr.

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Nigerian Governors Not Opposed to Naira Redesign, Seek ... (Arise News)

They set up a six-man committee led by Anambra Governor Soludo. Nigeria Governors Forum (NGF).

The CBN also stated that agents shall render weekly returns to their designated banks regarding cash swap transactions. As we speak, some of our officials are already going round the local government areas.” On his part, the Managing Director of NIRSAL Microfinance Bank, Dr. The central bank disclosed this in a circular dated January 20, 2023, which was addressed to DMBs, Mobile Money Operators (MMOs), Super Agents and Agents, and signed by both CBN Director, Banking Sector Supervision, Mr. We held a deep breath while defending these deficiencies internationally, just to continue to remain in the international pay points and compete with others. Also, agents may on request, instantly open a wallet or account leveraging the CBN Tiered KYC Framework. “Finally set up a six-member Committee to be chaired by the governor of Anambra State, Prof. Our guidelines are meant to help the governors not to fight them or any public servant. “However, we observe that there are huge challenges that remain problematic to the Nigerian populace. Aminu Tambuwal, that they have set up a six-member committee to engage the CBN to address anomalies in the country’s monetary management and financial system. Godwin Ifeanyi Emefiele, on the naira redesign, its economic and security implications including the new withdrawal policy. “We, the members of the Nigeria Governors’ Forum (NGF), received a briefing from the governor of the Central Bank of Nigeria, Mr.

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Image courtesy of "Guardian"

Governors seek variations in CBN's naira redesign policy (Guardian)

Governors of the 36 states of the federation have charged the Central Bank of Nigeria (CBN) to effect changes in its naira redesign policy to address ...

The governors set up a six-member committee to be Chaired by the Anambra State Governor, Prof. According to the communiqué, which was signed by the chairman of the Nigerian Governors Forum and Sokoto State Governor, Aminu Waziri Tambuwal, the state chief executives also resolved to “work closely with the CBN leadership to ameliorate areas that require policy variation particularly the poorest households, the vulnerable in society and several other citizens of our country that are excluded.” In a communiqué released, yesterday, after an earlier meeting of the governors with the Central Bank Governor, Godwin Emefiele, it was revealed that: “Governors are not opposed to the objectives of the naira redesign policy, but observed that there are huge challenges that remain problematic to the Nigerian populace”

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Nigerian 36 Governors set up committee on new Naira notes (Premium Times)

The forum disclosed this in a communique issued on Saturday at the end of its virtual meeting held with the CBN Governor, Godwin Emefiele...

Good journalism costs a lot of money. Charles Soludo, with governors of Akwa Ibom, Ogun, Borno, Plateau and Jigawa states as members. The governors said that while they were not opposed to the objectives of the Naira redesign policy, the apex bank should consider the peculiarities of households and states, especially pertaining to financial inclusion and under-served locations.

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