Business & Economy BREAKING: Kaduna, Kogi, Zamfara govts drag FG to Supreme Court over naira scarcity Worried by the effects the Central Bank of Nigeria (CBN)’s naira redesign policy is having on the residents of their states, the governments ... By Uchechi OjoFebruary 6, 20230
Business & Economy New naira notes will get to Nigerians soon, CBN assures The Central Bank of Nigeria (CBN) has reassured Nigerians of the availability of the newly-designed naira notes. While there has been an outcry ... By Uchechi OjoFebruary 2, 20230
Business & Economy CBN directs banks to pay new naira notes over-the-counter The Central Bank of Nigeria (CBN) has directed deposit money banks (DMBs) to commence the payment of the redesigned Naira notes over the ... By Uchechi OjoFebruary 2, 20230
Business & Economy EFCC to raid Lagos, Kaduna, P’Harcourt new naira hawkers Indications have emerged that the Economic and Financial Crimes Commission is set to raid new naira note racketeers in key commercial cities including ... By Uchechi OjoFebruary 1, 20230
Business & Economy Naira Scarcity: CBN insists banks have ‘massive supply’ of new notes The Central Bank of Nigeria (CBN) said it supplied a “massive” amount of the new naira notes to commercial banks as customers lament ... By Uchechi OjoJanuary 26, 20230
Business & Economy BREAKING: CBN raises interest rate to 17.5% The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which measures interest rate from 16.5% to 17.5 percent to ... By Uchechi OjoJanuary 24, 20230
Business & Economy CBN redesign policy stabilising naira at parallel market – BDCs The Association of Bureaux De Change Operators of Nigeria (ABCON) said the CBN’s naira redesign policy has fuelled the currency’s stability in the ... By Uchechi OjoJanuary 23, 20230
Business & Economy CBN threatens to sanction banks dispensing old naira notes The Central Bank of Nigeria (CBN) on Thursday threatened to sanction commercial banks in Ogun State dispensing the old naira notes. The apex ... By Uchechi OjoJanuary 19, 20230
Business & Economy $53m Judgement Debt: Court adjourns suit against CBN Governor to March 20 The Summon of the Governor of the Central Bank, Mister Godwin Emefiele, by the Federal High Court Abuja over a $53 million judgement ... By Uchechi OjoJanuary 19, 20230
Business & Economy Nigeria’s inflation rate drops to 21.34% in Dec 2022 Nigeria’s inflation rate eased to 21.34% in December 2022 from 21.47% in November 2022, the first drop in about 11 months. The National ... By Uchechi OjoJanuary 17, 20230
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Oil Spill: Supreme Court rejects Shell’s request to vacate ₦17bn judgement November 27, 20205442 views