The Naira on Friday lost to the dollar as it exchanged at N461.50 at the Investors’ and Exporters’ window. The rate represented a decrease of 0.11...
The Naira on Friday lost to the dollar as it exchanged at N461.50 at the Investors’ and Exporters’ window. The rate represented a decrease of 0.11...
Sheikh Yahya Al-Yolawi, the Chief of Nurul Yaqeen Jumma’at Mosque Life Camp, Abuja, has urged the Central Bank of Nigeria (CBN) to ensure the release of...
Despite the reintroduction of old N200 naira notes into circulation, commercial banks in Abuja are still having a hectic time meeting customers’ cash needs as many...
Deposit Money Banks (DMBs) across the country yesterday began rejecting deposits of old naira notes (N1,000 and N500), after paying customers, forcing business owners, retailers to...
The judgement by the Supreme Court extemding old naira note payment has not had a single positive effect on the masses has Nigerians’ hope were dashed...
Following the Supreme Court judgment, which extended the validity of the Central Bank of Nigeria currency redesign policy to December 31, some banks across the country...
The Supreme Court has adjudged the cash withdrawal limits imposed by banks as a result of scarcity of currency notes in circulation as a violation of...
President Muhammadu Buhari has apologised to Nigerians over the cash crunch caused by the naira redesign policy of the Federal Government. The apology came following the...
An economist, Prof. Evans Osabuohien, has commended the Supreme Court’s extension of use of old Naira notes as a legal tender until Dec. 31, 2023. Osabuohien,...