Economy
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Churches, schools ban old naira notes for offerings, payments
Ahead of the January 31 deadline set by the Central Bank of Nigeria for the phasing out of the old…
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New Naira Deadline: Reps read riot act to CBN Gov, others
Representatives on Wednesday read Riot Act to the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele and its management…
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Traders, others reject old Naira notes
Traders, operators of Point On Sale (POS), and commercial motorcycle and tricycle operators have started rejecting the old N200, N500…
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Nobody allowed to build bank vaults at home – Emefiele
THE Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has said that no Nigerian is licensed to build…
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Old Naira Notes: Fear grips Nigerians over possible massive losses as deadline draws near
Residents and traders across Kano, Jigawa, Lagos, Anambra and Yobe states have continued to lament the impact of the unavailability…
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Against projections, CBN raises interest rate to 17.5 percent
Against projections by some experts, the Monetary Policy Committee (MPC) of Central Bank of Nigeria (CBN) has increased the monetary…
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Old Naira Notes: Extend Jan 31 deadline, N’Assembly tells CBN
The Senate and House of Representatives have again asked the Central Bank of Nigeria (CBN) to immediately extend the deadline…
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JUST IN: No going back on January 31 deadline for old naira notes, CBN insists
The Central Bank of Nigeria (CBN) says its January 31, 2023 deadline for the validity of the old N200, N500…
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Banks battle new naira shortage ahead of January 31 deadline
Eight days to the January 31 deadline set by the Central Bank of Nigeria to stop the old N1,000, N500,…
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Naira Redesign Policy: CBN launches Cash Swap Programme in rural areas
In furtherance of its naira redesign policy and in recognition of the need to maximise the channels through which underserved…
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