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As Nigerians grapple with the multidimensional hardship on daily basis, occasioned by naira scarcity, financial experts have warned the country may face another currency scarcity when the old naira notes …
Experts differ on naira availability Read More
This is a repeat as it was first published two years ago, precisely on 19/04/2021. Has anything changed? The reader should say. Ramadan is a month synonymous with fasting in …
Of Ramadan, you be thief, and Pantami – a mix Read More
At the last Monetary Policy Committee meeting of the Central Bank of Nigeria (CBN), the Committee once again increased interest rates. This has got many informed citizens talking about its …
How CBN’s monetary policies affect businesses Read More
The Central Bank Nigeria (CBN) has directed all commercial banks to open for operation on Saturdays and Sundays to ease scarcity of naira notes. This was disclosed in a statement …
Naira scarcity: Again CBN issues fresh directives Read More
The Central Bank of Nigeria (CBN) has disbursed the sum of N23.70 billion under the N1.0 trillion Real Sector Facility (RSF) to eight new real sector projects in agriculture, manufacturing, …
CBN disburses N23.70bn under RSF in 2 months Read More
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has hiked the Monetary Policy Rate (MPR), also referred to as benchmark interest rate by 50 basis point …
CBN raises benchmark interest rate to 18% Read More
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has hiked the Monetary Policy Rate (MPR), also referred to as benchmark interest rate by 50 basis point …
CBN’s policy committee raises benchmark rate 50bps to 18% on inflation scare Read More
Despite directives by the Central Bank of Nigeria (CBN) that banks can now dispense and accept the old N500 and N1000 notes, Naira scarcity still persists in Lagos with many …
Naira scarcity persists in Lagos despite CBN’s directives Read More
The Central Bank of Nigeria (CBN) on Monday night directed all commercial banks to issue and accept old naira notes as legal tender till December 31, 2023. The compliance is …
Breaking: Finally, CBN bows to Supreme Court, directs banks to issue, collect old N500, N1000 notes till December 31 Read MoreBy Abdullahi M. Gulloma The Presidency said Monday that President Muhammadu Buhari has never told the Attorney-General of the Federation (AGF) and Minister of Justice Mr Abubakar Malami and the …
[Breaking] Naira scarcity: At last, Buhari speaks on Supreme Court judgement, turns heat on CBN, Malami Read MoreTen days after Supreme Court declaration, the Central Bank of Nigeria (CBN) has asked banks to start issuing and collecting N500 and N1000 notes. Anambra state governor Prof. Charles Soludo …
Breaking: At last, CBN directs banks to issue N500, N1000 Read More
Nigerian commercial banks across the country have resumed giving out the old N500 and N1,000 notes to customers, following Supreme Court judgement on extention of old naira notes till December …
CBN keeps mute as banks resume paying old N500, N1000 notes Read MoreA former Deputy National Publicity Secretary of the All Progressives Congress (APC), Comrade Timi Frank, on Sunday, commended the Supreme Court for overriding President Muhammadu Buhari on the legality and …
Frank hails Judiciary for overruling Buhari on legality of old Naira notes Read More
The leadership of the North-west All Progressives Congress (APC) has asked the Governor of Central Bank of Nigeria (CBN) Godwin Emefiele and the Attorney General of the Federation, Abubakar Malami, …
Breaking: APC demands Emefiele, Malami’s resignation for ‘misleading’ Buhari on cashless policy Read More