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 […]
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 […]
President Muhammadu Buhari has stated the reason he approved the redesign of Naira while launching and introducing the new banknotes at the Statehouse in Abuja, on Wednesday, November 23, 2022. As the President launched the […]
By Marvellous Nyang President Muhammadu Buhari will on Monday, October 31, 2022, in Abuja meet with security chiefs to further review and strengthen the security network in the country. Garba Shehu, the President’s spokesman asserted […]
The Central Bank of Nigeria (CBN) is planning to release redesigned Naira notes by December 15, 2022, while the existing notes would seize to be regarded as legal tender by January 31, 2023. The CBN […]
By Oluwafemi Popoola There is no way one can extricate the Central Bank of Nigeria (CBN) governor, Godwin Emefiele, from the behemoth of the catastrophe that has befallen our Naira. The CBN boss needs to […]
• Advises CBN to review strategy, synergize, to make naira exchange rate reflect market reality BACKGROUND Against the viral media reports of a section of the media interpreting the position of Nigeria’s Vice President, Prof […]
• As VP narrates how Buhari’s ESP post-Covid-19 stimulus rescued economy, safeguarded jobs • Wants CBN, commercial banks to ensure speedy release of structured lending Nigeria’s Vice President, Prof Yemi Osinbajo, SAN, has urged the […]
The Central Bank of Nigeria (CBN), has devalued the country’s naira at one of its currency auctions, it was learnt. The CBN Governor Godwin Emefiele, had, last month, announced that the bank planned to unify […]
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