As Apex Court Trashes CBN’s Naira Redesign, Cashless Policies The Supreme Court of Nigeria on Friday in Abuja nullified the Federal Government’s cashless and Naira re-design...
Worries are mounting amongst stakeholders as Africa’s two largest economies, Nigeria and South Africa, have been included in the Financial Action Task Force’s (FATF) money laundering...
The Centre for the Promotion of Private Enterprise (CPPE) has pled with the Central Bank of Nigerian (CBN) and President Muhammadu Buhari to review the process...
Approves only old N200 as Legal Tender till April 10 President Muhammad Buhari has directed that only old N200 notes remains a legal tender till April...
By Umar Suleiman The Central Bank of Nigeria (CBN) has directed commercial banks to commence the payment of the newly redesigned naira notes to customers over...
By Umar Suleiman The Minister of Finance, Budget and National Planning, Dr Zainab Ahmed, has said that the Federal Government will soon disburse $800 million to...
The Centre for the Promotion of Private Enterprise (CPPE) has expressed concerns that despite the 10-day deadline extension given on Sunday, shortcomings surrounding the ongoing currency...
The Central Bank of Nigeria (CBN) has finally extended the deadline for the swap of old naira notes at commercial banks by 10 days. In a press statement...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has today concluded its two-day meeting for January 2023 where it raised interest rate by...
The Federal Government will issue bonds in the first quarter of 2023 to raise N1.2 trillion. This is contained in the calendar released by the Debt...
By Professor Uche Uwaleke For investors in the Nigerian stock market, the year 2022 represents an improvement over 2021 in terms of nominal price appreciation. As...
By Christy Animam The Central Bank of Nigeria (CBN) has placed limits on over-the-counter cash withdrawals, Automated Teller Machine (ATM) withdrawals, and point of sale (PoS)...
Rising inflation in the country has left the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) with no choice than to increase the...
The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has said the decision to redesign the naira has no political undertone. Rather, he...
Weak economic growth in Nigeria has denied the country’s banking sector the supposed dividends of large and youthful demographics in Nigeria, analysts at Afrinvest have said...
The Chartered Institute of Bankers of Nigeria (CIBN) has said the lack of key infrastructure development has impeded the country’s growth potential over the years. According...
The Central Bank of Nigeria (CBN) has officially responded to the Minister of Finance, Budget and National Planning‘s claim that she was not informed of the decision to...
Christy Animam The Central Bank of Nigeria (CBN) has recognized SystemSpecs, and presented it with an award as Nigeria’s leading fintech firm as the Payment Service...
By Umar Suleiman The Central Bank of Nigeria (CBN) on Wednesday said it will redesign the N200, N500, and N1,000 notes. CBN Governor, Godwin Emefiele, disclosed...
Moody’s, a global ratings agency, has downgraded the long-term deposit ratings of nine Nigerian banks to B3 from B2, as well as senior unsecured debt ratings, where...