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Cash Crunch: CBN Disburses Over N1bn To Banks In Edo
The Central Bank of Nigeria (CBN) yesterday said it has disbursed more than a billion naira to banks in Edo State in the last three days to cushion the hardship faced by customers in accessing the…
‘80% PoS operators out of business’ — AMMBAN laments naira scarcity
The Association of Mobile Money and Bank Agents in Nigeria…
New Naira Notes: Stakeholders Working To Address Issues – CIBN
The Chartered Institute of Bankers of Nigeria (CIBN) said stakeholders in the banking industry are working assiduously towards ensuring that issues related to the availability of the new naira notes are…
Court injunction on Naira swap: June 12 elements at it again, says Ganduje
Kano State governor, Dr. Abdullahi Umar Ganduje, has alleged that elements of the annulled June 12, 1993, presidential election are…
Naira Notes Crisis: Buhari Meets Governors Tambuwal, Bagudu, Central Bank Boss, Emefiele In Abuja
President Muhammadu Buhari on Tuesday met privately with the Chairman of the…
How Couple Amaechi Ndili And Wife Njide Chizoba Ndili AllegedlyStole $4.7m From Hercules Offshores…
A prosecution witness, Godwin Okon has…
Ghana cancels MTN’s $665m fine
Ghana Revenue Authority has withdrawn its $665m tax fine against MTN Ghana. This was disclosed in a statement published on the Johannesburg Stock Exchange news service. In January, the GRA issued a…
Shell Earnings Hit $39.9bn
Shell has reported adjusted earnings of $39.9bn (£32.2bn) for 2022. Energy firms have been making record profits after oil and gas prices jumped following the invasion of Ukraine. It has heaped…
Court orders CBN not to extend deadline for Naira swap
The Federal Capital Territory (FCT) High Court, on Monday ordered the Central Bank of Nigeria (CBN), President Muhammadu Buhari and 27 commercial banks not to extend the February 10 deadline for the…
CBN should have introduced N5,000 note… NOT naira redesign – NACCIMA DG
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA)…
New Naira Notes: Buhari And Central Bank Gov, Emefiele Will Suffer If Hardship Continues, Says…
The outspoken Catholic priest and Chaplain of the Adoration Chaplaincy Enugu, Southeast Nigeria, Rev Fr Ejike Mbaka, has warned that the current naira crisis will mar the forthcoming general…
Airlines’ Blocked Funds: Travel Agents Fret Over $500m Revenue, 721,000 Job Losses
The National Association of Nigeria Travel Agencies (NANTA) yesterday raised an alarm that the government’s indifference and unfair practices by foreign carriers have led to about $500 million revenue loss…
BREAKING: Kaduna, Kogi, Zamfara sue FG, seek to stop full implementation of naira redesign policy
Kaduna, Kogi and Zamfara states have instituted a suit against the federal government seeking a restraining order to…
Naira scarcity: Mob attack fear in banks
Uncertainties have clouded the operations of banks as fear over possible mob…
Pension under pressure from incessant exit demands
The recent agitation by the Nigeria Police and National Assembly (NASS)…
New Notes Scarcity: We Need Your Understanding – Emefiele Begs Nigerians
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has called for the understanding of Nigerians as the bank looks for a solution to the scarcity of the redesigned new notes even as Nigerians…
Currency Redesign: Lessons For Nigeria From Global Practices
On October 26, 2022, the Central Bank of Nigeria (CBN) announced plans to redesign and distribute new N200, N500 and N1000 bank notes to replace the existing ones. Speaking on the development,…
Twitter mulls $1k monthly fee for businesses to keep verified gold checkmarks – Report
Twitter is planning to charge businesses a monthly fee of $1,000 to keep their verified gold checkmarks, The Information is reporting. The report said firms that do not pay the fee will lose their badges.…
New Notes: CBN Gave False Information To Buhari – Presidential Aide
Ajuri Ngelale, Senior Special Assistant to the President on Public Affairs, has accused Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), of giving false information to President…
Kenya drops financial impropriety case against Flutterwave – Report
The Kenyan government has withdrawn charges of financial impropriety against…
Dispense New Naira Notes Or I Revoke Your Land – Zulum Warns Banks
Borno State Governor, Professor Babagana Zulum, has directed banks to dispense new naira notes via Automated Teller Machines (ATMs) and banking halls or risk losing their lands to the state government. Zulum…