Economy
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Banks collecting old N1000, N500 notes despite CBN directive
Some banks on Saturday shunned the directives of the Central Bank of Nigeria (CBN) not to collect the old N500…
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Frustration as Abuja residents fail to access N200 note
Many residents of the Federal Capital Territory (FCT), who trooped to their banks to see if they can access the…
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Naira Scarcity: Banks lose N5bn to attack on facilities
The Association of Senior Staff of Banks, Insurance and Financial Institutions has revealed that banks have lost the sum of…
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Kwara business community loses N30m daily to cashless, naira redesign policy
Kwara state Coalition of Business and Professional Association (KWACOBPA) on Thursday said that members of the association loses at least…
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Banks rejecting old notes to be shut down — Ogun Gov
Ogun State governor, Dapo Abiodun, has warned that the state government will shut down any commercial bank rejecting old naira…
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FG to release new revenue allocation formula before April
Following intense agitations for the upward review of revenue allocation formula, the Federal Government, yesterday, assured Nigerians that a new…
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Emefiele breaks silence, says February 10 deadline on old Naira notes remains sacrosanct
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said the February 10 deadline of the circulation…
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BREAKING: Old Naira notes cease to be legal tender in Nigeria, CBN declares
The Central Bank of Nigeria (CBN) has declared that the old Naira Notes of N200, N500 and N1000 have ceased…
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Naira Scarcity: CBN offers solution, tells Nigerians embrace e₦aira, internet banking
The Central Bank of Nigeria (CBN) has asked Nigerians to embrace the eNaira and internet banking as alternatives to cash…
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CBN speaks on shutting down banks
The Central Bank of Nigeria (CBN) on Saturday debunked rumours that it wants to shut down some deposit banks. …
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