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Nigerian business tycoon, Aliko Dangote, overtook two Russians, one Chinese and an Indian on the billionaires’ list on Monday, after making N460bn in a day. The...
Written By Oshiobugie Omo-Ikirodah The Central Bank Of Nigeria has obeyed the use of old 200, 500, And 1000 naira notes till December 31st as instructed...
The Central Bank of Nigeria has cleared the air on directing commercial banks to dispense and accept the deposit of old Naira notes amid the raging...
State governments, which sued the Federal Government on the naira redesign policy, have given the Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN,...
The Central Bank of Nigeria (CBN) has finally directed commercial banks to dispense old currency notes and to also receive the same as deposits from customers....
The Central Bank of Nigeria said that both old and new notes are now legal tender. The Acting Director of Corporate Communications CBN, Dr Isa Abdulmumin...
Several commercial banks in the country have begun partial compliance with the Supreme Court order approving the use of old N1,000 and N500 and N200 notes...
The Central Bank of Nigeria CBN has described as fake news a viral Whatsapp message claiming the apex bank will be shutting down financial transactions from...
Kano State Governor, Abdullahi Umar Ganduje, warned commercial banks operating in the state that he would destroy any bank that refuses to accept the old N500...
The Central Bank of Nigeria (CBN) has denied reports making the rounds that it has authorized deposit money banks to collect the old N500 and N1,000...
The Central Bank of Nigeria (CBN) says it has designated commercial banks to assist in the collection of the old N500 and N1,000 notes from members...
Central Bank of Nigeria (CBN) has created a portal for the collection of old naira notes as it looks to begin its currency redemption exercise. It...
In spite of the Supreme Court order extending the deadline for the old naira notes till Wednesday this week, banks yesterday stopped accepting the notes even...
Members of the council of state have expressed support for the naira redesign policy of the Central Bank of Nigeria (CBN). The council however asked Godwin...
The International Monetary Fund (IMF) has advised the Federal Government of Nigeria to extend the February 10 deadline for the validity of the redesigned N200, N500...
In a trending video on Sunday, a deputy director of the CBN, who identified himself at Owoeye said there was no excuse for keeping the cash....
The Central Bank of Nigeria, CBN Governor, Goodwin Emefiele has ruled out the possibility of extending the 10-day grace for the old Naira notes to remain...
Point of Sale (PoS) agents in Nigeria have begun to take advantage of naira note scarcity to demand extra charges on every transaction made by customers....
The Central Bank of Nigeria (CBN) has warned Nigerians against selling, spraying and stamping on the naira, describing the acts as “unlawful”. In a statement issued...
Former Aviation Minister, Femi Fani-Kayode, has slammed the governor of the Central Bank of Nigeria, Godwin Emefiele, over the new monetary policy. The CBN in December...
Governor of the Central Bank of Nigeria, Godwin Emefiele has said that banks in the country will continue to accept the old Naira notes after the...
Governor of the Central Bank of Nigeria, Godwin Emefiele on Sunday, revealed that part of the reasons the Federal Government decided on the redesign of currency...
Central Bank Of Nigeria, Godwin Emefiele has increased the old naira note deadline by ten days. In a press conference, the Governor Of CBN said it...
The Central Bank of Nigeria insists the deadline for the return of old N200, 500 and N1000 notes remains January 31, 2023. The CBN stated...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said that the January 31st deadline for the validity of the old N200, N500...
The Central Bank of Nigeria (CBN) has launched a cash swap programme in partnership with super agents and deposit money institutions (DMBs). This was stated in...
The Central Bank of Nigeria (CBN) has said the use of cash will naturally slow by 2025. In its Payments Vision 2025 document, the CBN said...
A state in Midwestern United States, Indiana, has slammed Tech giant, Google with a fine of $20 million to resolve a lawsuit. Indiana, according to the...
Some of Twitter’s remaining employees have reportedly started bringing their own toilet paper to the office as Elon Musk implements cost-cutting measures at the company. Musk’s...
President Muhammadu Buhari says the Ajaokuta steel company is ready to be granted to private investors. Buhari disclosed this while inaugurating several projects in Kogi...
The Chairman of the Association of Licensed Telecoms Operators of Nigeria (ALTON), Gbenga Adebayo, has disclosed that network providers will disconnect banks from the Unstructured Supplementary...
The World Bank has once again criticized the Central Bank of Nigeria’s (CBN) exchange rate management style which has divided opinions among economists and public policy...
Elon Musk, the billionaire founder of Tesla Inc., says he will resign as Twitter’s chief executive officer when he finds someone “fo0lish enough to take the...
The Central Bank of Nigeria (CBN) has announced an upward review of its cash withdrawal limits directive. The apex bank announced in a circular issued...
The World Bank has warned that the timing and short transition period of the naira redesign policy may have negative impacts on economic activity. The...
The Federal Government generated N1.4 trillion from Value Added Tax (VAT) and Company Income Tax in three months. The National Bureau of Statistics (NBS) disclosed this...
President Muhammadu Buhari has said that his administration has created more than 13 million direct and indirect jobs in the past seven and a half years. ...
As the new naira notes went into circulation on Thursday, Nigerian banks are struggling to provide it in abundance as demands overshoot supply in banking halls....
Bismarck Rewane, managing director and CEO of Financial Directives has expressed a different opinion on the impact of cash withdrawal limit and new naira notes. Speaking...
The World Bank has announced that Nigeria’s growing inflation rate has cut the existing minimum wage by 55% and has raised the number of poor by...
The Nigeria Customs Service has revealed that it made over N1.95 billion in the month of November from goods imported through the Murtala Muhammed International Airport...
Nigeria sold goods worth N1.7 trillion to other countries in Africa in the first nine months of this year. The National Bureau of Statistics (NBS) disclosed...
Godwin Emefiele, the governor of the Central Bank of Nigeria, has spoken on forex shortage in Nigeria. He tasked leaders of the Nigerian banking sector to brainstorm...
Deposit money banks and other financial institutions have been directed by the Central Bank of Nigeria to ensure that over-the-counter cash withdrawals by individuals and corporate...
The Nigeria National Petroleum Company limited NNPC has assured Nigerians of fuel sufficiency with over 2 billion available. At a press briefing in Abuja, the...
A former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has said Nigerian leaders are unconcerned about diversified ways of creating wealth. Moghalu...
President Muhammadu Buhari has revealed that Nigeria is among four of the 54 African countries that print their currencies locally. Speaking on Wednesday, November 23,...
Recently laid-off employees at Twitter’s Africa headquarters are accusing Twitter of “deliberately and recklessly flouting the laws of Ghana” and trying to “silence and intimidate” them...
Beautiful Pictures From Tinubu’s Stakeholders Meeting With Miners At Nassarawa(Photos) Asiwaju Bola Ahmed Tinubu, the APC’s presidential nominee, is expected to meet with local miners and...
Town Hall Meeting: Nassarawa Resident Speak On Tinubu’s Plans For Minning Sector Asiwaju Bola Ahmed Tinubu, the All Progressives Congress presidential candidate, will hold a Town...
