Naira redesign: Reps to issue Emefiele’s arrest warrant Tuesday
Following a unanimous agreement amongst members, the Speaker of the House of Representatives, Femi Gbajabiamila, is expected to sign the warrant of…
CBN
New naira: CBN recovers N1.9trn in two months
Following the cash withdrawal policy and the naira notes redesign, the Central Bank of Nigeria said it has since recovered N1.9 trillion…
New naira: Experts hail CBN for deadline extension
Oluwanifemi Ojo Financial experts have commended the Central Bank of Nigeria for the decision to shift the deadline that was…
New naira: Business activities lag in Anambra over scarcity
Oluwanifemi Ojo The residents of Anambra have gathered in banks and markets across the region’s major cities following the January 31…
New naira: No reason to shift Jan 31 deadline, says CBN
Oluwanifemi Ojo The governor of Central Bank of Nigeria has again stated that the deadline for phasing out the old note…
New naira: Buhari assures Nigerians of speedy circulation
The President, Major General Muhammadu Buhari (Ret’d.), has assured that the government will ensure that citizens are unharmed in their businesses and…
We’re not hoarding new naira, banks debunk CBN’s claims
Oluwanifemi Ojo Commercial bank operators in Nigeria have disputed assertions made by the Central Bank of Nigeria that they are hoarding…
How CBN raised interest rate from 11.5% to 17.5% in eight months
Oluwanifemi Ojo The Central Bank of Nigeria has raised its benchmark interest rate five times since May 2022. The bank had…
How CBN raised interest rate from 11.5% to 17.5% in eight months
The Central Bank of Nigeria has raised its benchmark interest rate five times since May 2022. The bank had retained its…
Extend old, new naira deadline, NLC urges CBN
Wilson Adekumola President of the Nigeria Labour Congress, Comrade Ayuba Wabba, on Thursday, has urged the Governor of Central Bank…
New naira note: CBN insist on January 31st deadline
Juliet Buna The Central Bank of Nigeria has insisted that there is no going back on the January 31 deadline for…
CBN raises interest rate to 17.5%
The Central Bank of Nigeria has raised the Monetary Policy Rate, which measures the interest rate to 17.5 per cent. The…