Nigeria’s Supreme Court on Wednesday, February 8, 2023, prevented the government from enforcing a Friday deadline for citizens to swap old banknotes for new ones, as the International Monetary Fund flagged disruptions to trade and […]
• Says ‘People need cash daily, most commerce informal’ • VP wants more engagement of FinTechs, mobile money agents in distribution Worried by the difficulty experienced by Nigerians in getting the new naira notes, Vice […]
By Marvelous Nyang President Muhammadu Buhari has approved the proposal of the Central Bank of Nigeria (CBN) to extend the deadline for the use of the old naira notes to February 10. CBN Governor Godwin […]
Nigeria’s debt trajectory is sustainable the country’s finance minister said on Wednesday, adding that it planned to bring its key debt service-to-revenue ratio down sharply this year and would not borrow on the international capital […]
• VP commends Odu’a Investment Co.’s legacy, vision Vice President Yemi Osinbajo, SAN has said that investment in technology is the way of the future, speaking while receiving a delegation of the Odu’a Investment Company […]
South Africa’s rand strengthened on Wednesday ahead of minutes from the U.S. Federal Reserve’s December policy meeting that could give clues on its interest rate tightening path. At 1513 GMT, the rand traded at 16.8750 […]
Tunisia’s central bank governor warned on Wednesday inflation could spiral out of control if it did not raise interest rates, a day after government criticism of a 75-basis-point increase to 8% last week. Economy Minister […]
The Central Bank of Nigeria (CBN) has announced an upward review of cash withdrawal limits to N500, 000 and N5 million for individuals and corporate accounts respectively. The apex bank also reviewed downward, the stipulated […]
The first banknotes bearing the image of King Charles III have been unveiled by the Bank of England. They will come into circulation from the middle of 2024 and will gradually replace those featuring his […]
• VP says Nigeria is a fantastic opportunity for investment • ‘We appreciate the gesture of your visit,’ Vietnam President tells Osinbajo Nigeria is the best, most natural destination for investment in Africa and the […]
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