Economy
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Obi defends currency redesign, charges banks to reduce pains by Nigerians
The Presidential Candidate of the Labour Party, Peter Obi has thrown his weight behind currency redesign but wants the banks…
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Market women besiege banks, barricade roads in Warri
Some commercial banks were forced to close abruptly on Friday when scores of market women barricaded the Warri-Sapele Road and…
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Commercial banks responsible for naira scarcity, says Buhari
President Muhammadu Buhari, on Friday, stated that commercial banks are responsible for the scarcity of the newly-designed naira notes. …
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Naira Swap: No extension of Feb 10 deadline, Emefiele warns Nigerians
The Central Bank of Nigeria (CBN) has said it is not considering deadline extension for the phasing out of the…
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Naira Redesign: Buhari asks for 7 days to make a major decision
President Muhammadu Buhari today asked Nigerians to give him seven days to resolve the cash crunch following the Central Bank…
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Customers lament as banks’ ATM dispense only N5,000, N2,000 in Akwa Ibom
Banks’ customers in Akwa Ibom State have lamented the hardship they go through in order to withdraw money as most…
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Naira scarcity pain temporary sacrifice for saner economy — FG
The Federal Government has explained the persisting cash scarcity and its attendant pains by Nigerians as a result of the…
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Naira Redesign: No bank will deny presidential candidates money, CBN just punishing poor Nigerians – Kwankwaso
Rabiu Kwankwaso, presidential candidate of the New Nigeria Peoples Party (NNPP), has said that the Central Bank of Nigeria (CBN)’s…
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JUST IN: CBN reverses self, gives new directive on Naira, says queues at ATMs to disappear
The Central Bank of Nigeria (CBN) has given a new directive to the country’s banks on the Naira, even as…
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Residents of Sokoto, Zamfara, Katsina border towns trade in CFA as scarcity of new naira notes bites harder
Residents of border communities in states including Sokoto, Zamfara, Katsina, Adamawa and Kwara have opted for the CFA franc following…
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